BEARISH 72 Decrypt 1H ago · 1 min read 2 reads

Bitcoin ETFs lose $430 million as tech selloff tests Wall Street buyers

AI summary

Bitcoin ETFs saw $430 million in net outflows on Thursday, led by Fidelity and BlackRock, as a selloff in technology stocks pressured risk assets broadly. The withdrawals suggest Wall Street buyers are pulling back rather than buying the dip during the tech rout. Traders watch ETF flows as a proxy for institutional demand, so continued bleeding could weigh on BTC price support.

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