Bitcoin ETF Break Inflow Streak as Market Turmoil Deepen
The once-celebrated inflow streak of US Spot Bitcoin Exchange-Traded Funds (ETFs) abruptly halted this week. After Bitcoin’s sharp price drop, BlackRock’s Bitcoin ETF (IBIT) and Fidelity’s FBTC saw record-breaking outflows, hinting at declining institutional confidence. This marks a sharp turn from months of bullish growth driven by Bitcoin’s rally and hopes for a US Bitcoin…