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December 20, 2024

Bitcoin ETFs Experience Record High Outflows: What Investors Need to Know

On Thursday, Bitcoin ETFs broke a streak of 15 consecutive days of positive inflows, facing record outflows of $672 million. This trend reflects changing investor sentiments as Bitcoin struggles to maintain stability in its price. Ethereum ETFs also joined this decline, halting an 18-day stretch of positive flows. The overall market reaction indicates heightened caution among investors, particularly as Bitcoin’s price faced downward pressure. Understanding these dynamics is crucial for current and prospective investors as they navigate this evolving market landscape.

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