Bitcoin news: spot Bitcoin ETFs see $1.23B weekly outflows, supply falls to 6-year low
Despite a turbulent week that saw record outflows from U.S. Bitcoin ETFs and the recent $19 billion liquidation event, shrinking exchange supply suggests the market may be poised for a rebound. Spot Bitcoin btc-3.02%Bitcoin ETFs in the U.S. saw total outflows of $1.23 billion last week amid continued market turbulence. Friday alone accounted for $366.6 million in outflows,...
