Bitcoin ETF Outflows as BTC Dips Below $67,000

[ad_1] Quick Look: Significant outflows from Bitcoin ETFs, with BTC falling below $67,000. Grayscale’s GBTC experienced over $300M in withdrawals, contributing to net outflows. BlackRock’s IBIT and Fidelity’s FBTC saw inflows, indicating varied investor sentiment. Bitcoin’s price correction occurs ahead of the anticipated halving event. Rising interest in Ethereum ETFs, with several firms applying for … Read more

Bitcoin Dips to $70,162 Amid U.S. Dollar Strength

[ad_1] Quick Look: Bitcoin witnessed a slight dip, settling at $70,162.1, reflecting a cautious stance from investors. The U.S. dollar’s strength continues to be a significant barrier to Bitcoin’s growth, with all eyes on upcoming U.S. interest rate cues. Capital flow slowdown into crypto ETFs indicates a wavering investor sentiment amidst economic uncertainties. The digital … Read more

Bitcoin Dips 4%, GBTC Sees Record $643M Outflow

[ad_1] Bitcoin Dips 4%, GBTC Sees Record $643M Outflow Quick Look Bitcoin faces a 4% decline, trading above $65,000 amid record GBTC share sales. Massive $643 million outflow from Grayscale Bitcoin Trust marks a historic moment. Spot Bitcoin ETFs experience a net outflow of $154 million, with IBIT seeing significant inflows. The cryptocurrency landscape, ever … Read more