Spot Bitcoin ETFs see $358M outflow: Are investors abandoning BTC?
3M ago•
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Bitcoin price held above $85,000, but weakening spot BTC ETF flows and a disappointing end-of-year performance cast doubt on a December rally to $100,000.
Key takeaways:
Bitcoin ETF outflows and a 31% drawdown from the peak have raised doubts, but metrics indicate that institutional investors are not abandoning Bitcoin.
Bitcoin’s shifting correlation with gold and steady volatility suggest price behavior remains intact despite the short-term market pressure.
3M ago•
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