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Jordan Lyanchev

Spot Bitcoin ETFs Post Record Weekly Outflow as BTC Drops to $59,100

Spot Bitcoin ETFs saw their heaviest weekly net outflow on record, with $1.72 billion pulled during the latest trading week. Over the same period, Bitcoin slid from around $73,000 to as low as $59,100, while total net inflows across the ETFs fell from $59.34 billion to $53.94 billion over four weeks.