Bitcoin spot ETF saw a single-day capital outflow of nearly $870 million, the second highest in history.
According to data platform SosoValue, on Thursday, 11 bitcoin spot trading exchanges in the United States experienced a total outflow of 8.6986 billion US dollars, marking the second largest single-day capital outflow in record for this category. Over the past three weeks, investors have withdrawn a cumulative total of 2.64 billion US dollars, indicating a continued rise in market caution. This capital outflow comes as bitcoin falls below the key support level of $100,000 and as Wall Street risk appetite significantly deteriorates. On the same day, Ethereum ETF recorded an outflow of 2.5972 billion US dollars, marking its highest record since October 13th.
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