Bitcoin ETF Outflows Reach $1.2 Billion, Signaling Market Caution

A significant wave of withdrawals from Bitcoin exchange-traded funds (ETFs) has emerged, exceeding $1.2 billion. This massive outflow, driven mainly by institutional investors like BlackRock and Fidelity following a 14% drop in Bitcoin’s value, has raised concerns about market stability. The decline has also triggered correlated decreases in the prices of Ethereum and other crypto assets, highlighting increased investor caution.