Bitcoin ETF Outflows Hit $11 Billion From Peak as Selling Accelerates, Bloomberg Analyst Warns

Bitcoin ETF Outflows Hit $11 Billion From Peak as Selling Accelerates, Bloomberg Analyst Warns

The post Bitcoin ETF Outflows Hit $11 Billion From Peak as Selling Accelerates, Bloomberg Analyst Warns appeared first on Coinpedia Fintech News

Bitcoin ETF outflows are worse than many investors realise, and the selling pressure shows no sign of slowing down, according to Bloomberg Intelligence ETF analyst James Seyffart. The Outflow Picture Is Deteriorating Speaking on the Milk Road Show, Seyffart said net inflows into Bitcoin ETFs have now fallen to just over $51 billion from a …