Crypto sentiment platform Santiment said that the US-based spot Bitcoin ETFs' ongoing outflow streak suggests a “counter-indicator” and potential buy signal.

US-listed spot Bitcoin ETFs recorded $277.5 million in outflows after a five-day $1.7 billion inflow streak as Bitcoin slipped below $80,000.

Crypto sentiment platform Santiment said that the US-based spot Bitcoin ETFs' ongoing outflow streak suggests a “counter-indicator” and potential buy signal.