bitcoin spot ETFs have experienced significant outflows over the past few days, with investors pulling out approximately $168 million from nine U S spot bitcoin exchange-traded funds (ETFs) on Monday alone This trend continued in the following days, leading to a total net outflow of $405 million In contrast, spot ethereum ETFs saw net inflows totaling nearly $49 million during the same period...
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In recent developments within the cryptocurrency market, a significant shift in investor sentiment has been observed, as indicated by the crypto Fear and Greed Index plummeting to an alarmingly low score of 17, its nadir since July 2022 This downturn in market sentiment closely correlates with substantial outflows from spot bitcoin exchange-traded funds (ETFs), presenting a challenging landscape for investors and market analysts alike Analyzing the Shift in Market Sentiment The precipitous decline of the crypto Fear and Greed Index from 67 to 17 within a mere week underscores the rapidly growing apprehension amongst investors Concurrent with this significant sentiment shift, spot bitcoin ETFs witnessed outflows amounting to $168 4 million, marking a notable exodus from these investment vehicles...
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