$BTC The U.S. exchange-traded funds (ETFs) listed on Bitcoin have experienced outflows for the fourth consecutive day, with a total of $1.4 billion withdrawn from these financial products. According to SoSoValue data, $196.18 million was withdrawn from all Bitcoin-tracking funds on Tuesday.
This figure decreased from previous days, while outflows of $333.19 million were recorded on Monday and $812.25 million on Friday, marking the second-highest capital outflows since the launch of these products in January 2024. The price of Bitcoin is currently around $114,000 and has decreased by 2.8% over the past week.#BitcoinSPACDeal #USFedBTCReserve