US Bitcoin ETFs Shed $1.14B in Two Weeks Due to Heightened US-China Trade Tensions and Market Volatility
US-based spot Bitcoin exchange-traded funds (ETFs) have experienced their largest two-week outflow ever, exceeding $1.14 billion, driven by negative investor sentiment amid ongoing trade tensions between the US and China. This significant sell-off marks the highest withdrawals since the ETFs began trading on January 11, 2024, surpassing previous outflows recorded in June 2024. While these ...