Bitcoin Exchange-Traded Fund Activity Reports Significant Outflows Following Market Volatility

Bitcoin sees $671.9M ETF sell-offs after BTC crashes below $94K

Record $671.9 million outflow from U.S. bitcoin exchange-traded funds (ETFs) was observed on December 19, marking the largest single-day net outflow since their launch. The drastic shift comes as Bitcoin’s price plummeted by 9.2% in the last 24 hours, settling around $93,145.17.

Source: ambcrypto.com