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The Defiant 2024-12-27 11:22:39

Bitcoin ETFs Face Outflows for Fourth Consecutive Day

Bitcoin (BTC) spot exchange-traded funds (ETFs) suffered outflows of $338 million on December 26, marking the fourth straight day of withdrawals. Over the past four days, BTC spot ETFs experienced over $1.5 billion in net outflows, including a record single-day sell-off of $672 million on Dec. 19 — the largest since their launch earlier this year — according to SoSoValue data . The outflows represent a sharp reversal after a month-long period of optimism, marked by 15 consecutive days of inflows. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

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