US Spot Bitcoin ETFs Bleed for Third Day in a Row, $490 Million Gone

The post US Spot Bitcoin ETFs Bleed for Third Day in a Row, $490 Million Gone appeared first on Coinpedia Fintech News U.S. spot Bitcoin ETFs have now recorded their third straight day of outflows, with total withdrawals crossing $490 million. Following this selling pressure, Bitcoin price dropped 3% after the Federal Reserve kept interest rates unchanged, and is now trading at $75,621. This shows that short-term institutional confidence in Bitcoin is weakening as several market pressures …