Spot Bitcoin (BTC) exchange-traded funds saw a total of $872 million in net outflows between April 3 and April 10, causing traders to wonder if overall interest in Bitcoin is fading. The strong selling pressure began on April 3, as global trade tensions increased and fears of an economic recession grew. This trend is especially concerning after two days of spot Bitcoin ETF net flows below $2 million on April 11 and April 14.
Spot Bitcoin ETFs aggregate net flows, USD. Source:…
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