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Bitcoin Stays Flat as U.S. Spot ETF Outflows Continue for Fourth Day
(2 hours ago) · 1 source · Summarized by CryptoBipto
Bitcoin did not follow a broader stock market rebound, remaining relatively flat while U.S. spot Bitcoin ETFs recorded outflows for a fourth consecutive day. The divergence highlights a period of reduced institutional demand for Bitcoin through ETF products.
WHY IT MATTERS
A Bitcoin ETF (exchange-traded fund) is a product that lets people invest in Bitcoin through a regular brokerage account, much like buying shares of a company.
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SOURCES
- coindesk.com
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