According to crypto analytics platform Santiment, Monday’s withdrawal was the largest single-day net outflow from Bitcoin ETFs since January 29.
Crypto analytics platform Santiment said Bitcoin ETFs recorded a net outflow of $648.6 million on Monday. The firm said this was the largest single-day withdrawal since January 29. Net outflows indicate more money left Bitcoin exchange-traded funds than entered them during the session, a metric closely watched as a gauge of institutional and broader market demand for regulated Bitcoin exposure.