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International Business Times

Business

Marvie Basilan

FORGOTTEN HISTORY: Bitcoin sheds 2 000 after us spot btc etfs snap 19 day net inflows streak - The Untold Story

Bitcoin ETF United States Fidelity Binance

U.S. spot Bitcoin ETFs have broken the positive net inflows streak it held together for 19 days following significant outflows from several funds. (Credit: Marco Verch/flickr)

KEY POINTS

Farside data showed that spot Bitcoin ETFs bled nearly $65 million on Monday
Grayscale's GBTC still leads the pack with the largest outflows, but Fidelity's FBTC also lost a few millions Monday
Bitcoin's price slipped after the news emerged, dragging with it ETH, BNB, and SOL

U.S. spot Bitcoin exchange-traded funds (ETFs) have broken their 19-day positive net inflows streak after several ETFs logged millions in outflows Monday. As a result of the news, Bitcoin's price shed some $2,000.

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