Bitcoin ETF optimism fades as three-day outflows streak erases early-month gains

Bitcoin ETF optimism has diminished as a three-day streak of outflows has wiped out the gains made earlier in the month. Investors have pulled significant amounts of capital from Bitcoin exchange-traded funds (ETFs), leading to concerns about market sentiment. The recent outflows have raised questions about the sustainability of Bitcoin's price rally and investor confidence. Analysts are closely monitoring the situation, as the ETF market plays a crucial role in Bitcoin's overall performance.

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