Bitcoin ETF investors pulled out $2.59 Billion last week, bearing the brunt of the weaker market sentiment as per Coinshares report.
Bitcoin ETF investors pulled out a record $2.59 Billion last week, part of a massive $2.9 Billion exit from digital asset investment products, CoinShares reported.
This marks the third straight week of outflows, totaling $3.8 Billion over three weeks. The outflows follow a 19-week inflow streak of $29 Billion, suggesting profit-taking after a bull run.