Bitcoin ETFs clock $291M outflows as BTC blasts past $74K
Burns Brief
US spot Bitcoin ETFs recorded $291 million in outflows on Monday as BTC climbed above $74,000, marking the biggest day of redemptions since March 27, led by FBTC The news has rattled market participants, with bears looking to push prices lower while bulls attempt to defend key support levels. Watch $BTC for reaction — a decisive move above or below key levels will confirm the next trend.
US spot Bitcoin ETFs recorded $291 million in outflows on Monday as BTC climbed above $74,000, marking the biggest day of redemptions since March 27, led by FBTC.
Key Takeaways
- US spot Bitcoin ETFs recorded $291 million in outflows on Monday as BTC climbed above $74,000, marking the biggest day of redemptions since March 27, led by FBTC