Bitcoin ETFs Suffer Brutal Reversal After Seven-Day Winning Streak

TLDR Bitcoin ETFs recorded more than $475 million in outflows across Thursday and Friday. The withdrawals ended a seven-day inflow streak for US spot Bitcoin funds. Bitcoin ETFs attracted $999.3 million between July 14 and July 22 before sentiment reversed. BlackRock’s iShares Bitcoin Trust handled much of the late-week trading activity. Bitcoin traded near $64,544 [...]

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