$1B Bitcoin ETF Outflow — Are Buyers Pulling Back?
The post $1B Bitcoin ETF Outflow — Are Buyers Pulling Back? appeared on BitcoinEthereumNews.com. Key Notes Bitcoin ETFs lost $1.21 billion between May 29 and June 2. June 3 reversed the trend, with $378 million in inflows led by ARKB. Data suggests that profit-taking has recently intensified, with realized gains topping $500 million per hour. Bitcoin exchange-traded funds (ETFs) experienced a sharp reversal in investor sentiment between May 29 and June 2, recording a combined net outflow of $1.21 billion. This marks the first time since mid-March that these funds have lost over $1 billion in a few trading sessions. According to data by SoSoValue, Bitcoin ETFs saw outflows of $358.65 million on May 29, followed by $616.22 million on May 30, and $267.5 million on June 2.
The post $1B Bitcoin ETF Outflow — Are Buyers Pulling Back? appeared on BitcoinEthereumNews.com.
Key Notes Bitcoin ETFs lost $1.21 billion between May 29 and June 2. June 3 reversed the trend, with $378 million in inflows led by ARKB. Data suggests that profit-taking has recently intensified, with realized gains topping $500 million per hour. Bitcoin exchange-traded funds (ETFs) experienced a sharp reversal in investor sentiment between May 29 and June 2, recording a combined net outflow of $1.21 billion. This marks the first time since mid-March that these funds have lost over $1 billion in a few trading sessions. According to data by SoSoValue, Bitcoin ETFs saw outflows of $358.65 million on May 29, followed by $616.22 million on May 30, and $267.5 million on June 2.
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