Bitcoin ETFs Face Record Outflows Amidst Market Turmoil

Bitcoin exchange-traded funds (ETFs) recently experienced their largest daily outflow since August, with $536 million in capital exiting the market. This sudden shift reflects a change in investor sentiment amidst a shaky overall market environment. Institutional investors are facing an uncertain time as bitcoin struggles to hold above $110,000, possibly due to macro-economic factors and arbitrage strategies.