Bitcoin Stable Above $64K While ETF Outflows Hit $200M
Fri, Apr 26, 2024 6:30 PM

Bitcoin Stable Above $64K While ETF Outflows Hit $200M

A Flip by Shubhangi Gupta
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BTC is trading above $64K even as outflows accelerate. The correlation between ETF outflows and BTC’s price is weakening. Bitcoin {{BTC}} is trading above $64K in the early afternoon of East Asia’s trading day, even as outflows from bitcoin exchange-traded funds (ETFs) pick up significantly. Market data shows that the U.S.-listed ETFs had a daily total net outflow of $217 million.

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