Bitcoin (CRYPTO: BTC) broke below $70,000 on Tuesday, dropping 2.5% as spot ETFs opened the week with $483.76 million in outflows on Monday.
Four Straight Weeks Of ETF Outflows With No Sign Of Stopping
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Weekly ETF outflows ran at $1.00 billion on May 15, $1.26 billion on May 22, and $1.42 billion on May 29.
This week opened with $483.76 million gone on the first trading day, with BlackRock’s iShares Bitcoin Trust (NASDAQ:IBIT) accounting for $440.29 million of that single-session exit.
