Spot Bitcoin ETFs See Report 10-Day Outflow Streak, Analyst Calls It ‘Contrarian Indicator’
Spot Bitcoin exchange-traded funds (ETFs) have logged outflows for ten consecutive buying and selling days, with complete web redemptions exceeding $2.97 billion since Might 15, a streak that one analyst says might sign a market backside is close to. Based on information from SoSoValue, every day outflows ranged from $70 million to $733 million throughout…