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

Bitcoin exchange-traded funds (ETFs) have experienced a three-day streak of outflows, leading to a decline in optimism surrounding their market performance. This trend has erased the gains made earlier in the month, raising concerns among investors. Analysts suggest that the outflows may be a reaction to broader market conditions and regulatory uncertainties. Despite initial enthusiasm for Bitcoin ETFs, the recent developments indicate a shift in sentiment within the cryptocurrency market.

Read the full article: CoinDesk

Read more