Bitcoin ETFs recorded $103.57 million in net outflows on January 23, marking the fifth consecutive trading day of redemptions. BlackRock’s IBIT led withdrawals with $101.62 million in outflows, while Fidelity’s FBTC posted $1.95 million in redemptions. The five-day streak has…
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Editor’s Analysis
Bitcoin ETFs bleed for fifth straight day as outflows hit $103.5 million continues to draw attention due to its market movement and investor sentiment. While this news is significant, it’s important to consider long-term fundamentals and avoid reacting solely based on short-term hype.
This content is for informational purposes only and should not be taken as financial advice.
Credit: Vignesh Karunanidhi
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