Trading floor display showing Bitcoin price drop below $80,000 with red chart trend
Bitcoin News

Bitcoin ETFs bleed $635M as BTC slips under $80K, largest outflow since January

US spot Bitcoin exchange-traded funds recorded their largest daily outflow since late January on Wednesday, as Bitcoin struggled to hold the $80,000 level following a sharp rebound from April lows. Data from SoSoValue shows Bitcoin funds posted $635.2 million in net redemptions, extending the previous session’s $233.3 million outflow and pushing weekly losses to $841.2 […]