U.S. Bitcoin ETFs See $1.2B Outflows as BTC Falls 33% From $126,000 Peak
U.S. spot Bitcoin exchange-traded funds recorded outflows nearing $1.2 billion over the past week as Bitcoin declined to $82,000—a 33% drop from its early-October high above $126,000. November withdrawals are approaching $3.8 billion, nearing the worst monthly performance since these products launched nearly two years ago. The selling pressure coincides with reduced Federal Reserve rate-cut expectations and concerns over global economic stability.