Bitcoin ETFs see large weekly outflow

Last week, spot Bitcoin ETFs recorded net withdrawals of $1.3 billion. BlackRock's IBIT fund alone saw investors pull a net $1.21 billion during the period. The outflows came as Bitcoin's price dropped below $76,000 and US tech stocks experienced a sell-off.

What factors would make you consider reducing your crypto holdings in a given week?

📢 Follow DFace on Min: https://minchatapp.com/c/dface

#bitcoin #etf #cryptomarket #blackrock