Bitcoin spot ETF saw a single-day outflow of nearly $870 million, marking the second highest in history

According to Jinshi News, on Thursday, 11 Bitcoin spot exchange-traded funds (ETFs) in the United States experienced an outflow of $869.86 million, marking the second-largest single-day outflow on record for this category. Over the past three weeks, investors have withdrawn a total of $2.64 billion, indicating a continued rise in cautious sentiment in the market. This outflow coincides with Bitcoin breaking below the critical support level of $100,000, and a significant deterioration in Wall Street's risk appetite. Ethereum ETFs recorded an outflow of $259.72 million on the same day, the highest since October 13.