EconomyBitcoin ETFs lose $635 million as BTC nears holdings’ estimated $81,500 cost basis
US spot Bitcoin ETFs saw about $635 million in net outflows Thursday, their largest daily withdrawal since June 25, as Bitcoin traded near the estimated cost basis of fund holdings. The outflows reversed nearly 60% of the funds’ inflows over the previous three trading sessions.
Bitcoin ETFs lose $635 million as BTC nears holdings’ estimated $81,500 cost basis
Economy