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@ CoinDesk - by layer3.news
2025-02-25 08:45:58
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✍️ US-listed bitcoin ETFs experienced significant outflows, with $516.4 million withdrawn, as investors become increasingly uncomfortable with the cryptocurrency's narrow price range.
👉 US-listed bitcoin ETFs experienced significant outflows, with $516.4 million withdrawn
👉 Investors are becoming increasingly uncomfortable with bitcoin's narrow price range
👉 The basis trade has dropped to 4%, the lowest since January 2024
👉 This could lead to further outflows from ETFs as investors close their positions
#ArthurHayes #technology
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