Bitcoin ETFs See Outflows, While Schwab Remains Optimistic

Despite a significant decline this week, Bitcoin exchange-traded funds (ETFs) in the US saw an outflow of over $1.2 billion dollars, raising questions about investor sentiment. The ETF exodus follows a sharp drop for Bitcoin itself, which plunged more than $10,000 from highs above $115,000 on Monday to a four-month low around $104,000 by Friday. The weekly losses were attributed to the overall market volatility and a decline in investor interest.