Bitcoin Under $76,000 After $430M ETF Outflows. Has It Bottomed?

Bitcoin Under $76,000 After $430M ETF Outflows. Has It Bottomed?

A rare 4-sigma stock market rout dragged Bitcoin down while every spot ETF issuer watched cash walk out the door. One small bounce has traders split on whether the worst is over, and a single price line may settle it.

Bitcoin ETF inflows return as US crypto legislation faces delays

Bitcoin’s post-election recovery and renewed ETF inflows suggest institutional interest remains intact, even as analysts warn that a Democratic-controlled Congress could delay US cryptocurrency legislation. Ryan Kirkley, co-founder and CEO of Global Settlement Network, told crypto.news that the midterm results…

Bitcoin ETFs Gain $75M Despite BlackRock IBIT Outflows

US-listed spot Bitcoin and Ether exchange-traded funds (ETFs) snapped their outflow streaks on Wednesday as cryptocurrency markets rebounded following the US midterm elections. Bitcoin (BTC) ETFs attracted $74.6 million on Wednesday, while Ether (ETH) funds added $53 million, according to SoSoValue data. The turnaround ended three consecutive trading sessions of Bitcoin ETF outflows totaling $1.16 […]

Bitcoin steadies at $76,900 as ETFs lose $399 million and Binance outflows hit $4.7 billion

Bitcoin edged up 0.2% to around $76,900 since midnight UTC as spot ETFs lost $399 million for a second day and Binance customers pulled a net $4.72 billion.

BlackRock Bitcoin ETF Sees $405M Outflow, Biggest Since June

BlackRock’s IBIT recorded its biggest daily withdrawal since June 26, while US Bitcoin ETFs extended October’s $515 million outflow streak.