Will Bitcoin Drop Below $60K as BTC ETFs See Biggest Outflow in 6 Weeks?

Will Bitcoin Drop Below $60K as BTC ETFs See Biggest Outflow in 6 Weeks?

Bitcoin ETFs just posted their worst outflow week in over a month, and the Strait of Hormuz may have more to do with where BTC goes next than the selling itself.

Brevan Howard slashes Bitcoin ETF stake by 70%, now holds $255M in IBIT

Brevan Howard's shift to Bitcoin options highlights evolving institutional strategies, impacting market dynamics and signaling increased sophistication. The post Brevan Howard slashes Bitcoin ETF stake by 70%, now holds $255M in IBIT appeared first on Crypto Briefing .

Bitcoin falls 25% as spot ETF outflows hit $4.4 billion, Gla

🚨 Bitcoin plummeted over 25%, falling from $83,000 to $60,000 as US stocks kept climbing. 💡 Investors shifted capital away from $BTC, with spot Bitcoin ETF outflows hitting $4.4 billion. 📉 BlackRock’s IBIT fund alone accounted for $3.3 billion in May withdrawals. 📊 AI...

Bitcoin ETFs see largest outflow in six weeks as token stagnates

Spot Bitcoin exchange-traded funds recorded their largest outflows last week since the end of June, reversing a strong start to August. Read more at The Business Times.

Bitcoin ETFs Lose $56.2M as IBIT Drives 99% of Outflow

U.S. spot Bitcoin exchange-traded funds recorded $56.2 million in net outflows on August 14, extending a multi-day run of withdrawals even as selling pressure moderated from the previous session. Farside Investors data show BlackRock’s iShares Bitcoin Trust, or IBIT, accounted for virtually the entire negative result, recording $55.5 million in redemptions. Fidelity’s FBTC lost another $6.8 million. Bitwise’s BITB was the only Bitcoin fund to at…