Bitcoin ETFs Suffer Biggest Outflows Since January as May Turns Red
Monday saw the highest daily inflows, with almost $650 million leaving the funds. Bitcoin’s price calamity is not isolated, as, aside from all other macro and on-chain reasons, the exchange-traded funds tracking the asset’s performance experienced their worst weekly outflows since late January. In fact, data from SoSoValue shows that May has turned red following...
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