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Commodities & currencyCointelegraph

Bitcoin ETFs shed $2.35B in two weeks

Negative-45

GreyOak summary

US spot Bitcoin ETFs recorded $2.35 billion in net outflows over two consecutive weeks. BlackRock's IBIT accounted for $143.5 million in withdrawals on Friday, extending its losing streak to 11 sessions. Bitcoin price fell below $70,000 coinciding with the broader market weakness and sustained redemptions.

What it affects

  • BitcoinNegative -45

    Bitcoin fell below $70,000 amid outflows.Rolling sentiment Negative -23

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