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Gate Square New & Returning Creator Rewards are ongoing!
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🚨 Bitcoin ETFs Face $494M Outflows as BTC Stalls at $96K 📉
U.S. Bitcoin ETFs have recorded three straight days of outflows, totaling $494M, with Wednesday alone seeing $251M pulled out. Fidelity’s FBTC led with a $102M outflow, while BlackRock’s IBIT saw $22.1M exit.
📉 Low trading volume reflects weakening demand, with IBIT dropping out of the top 5 most traded ETFs, despite usually ranking higher during Bitcoin surges. The Goldman Sachs filing further signals lackluster interest in long-term BTC positions.
💰 Bitcoin remains stuck at $96K, trapped in a range between $90K–$109K since mid-November. Will the next breakout be up or down? 👀
#Bitcoin Crypto #ETFs BTC #StockMarket 🚀