Rough week for Bitcoin ETFs.

Bitcoin took a 9.5% hit this week, leading to increased outflows from spot Bitcoin ETFs 📊

According to SosoValue, we've seen four consecutive days of net capital outflows from spot Bitcoin ETFs. The total outflow for the week hit $277.12 million. It's clear that the market sentiment is shaky, and investors are pulling back.

Volatility in the cryptocurrency market can lead to significant outflows from Bitcoin ETFs. It's important for investors to stay informed and be prepared for fluctuations in market sentiment. Diversification and risk management are key strategies to navigate such turbulent times.