Bitcoin ETF Outflows Are a ‘Contrarian’ Purchase Sign: Santiment
The current streak of outflows from US-based spot Bitcoin ETFs, totaling greater than $1 billion over the previous buying and selling week, suggests a possible shopping for alternative for the world’s largest cryptocurrency, in line with crypto sentiment platform Santiment. “Santiment’s analysts learn these flows as a counter-indicator, since ETFs disproportionately replicate retail conviction reasonably…