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Spot Bitcoin ETFs Witness Persistent Negative Outflows, A Sign Of Fading Confidence?

  • Spot Bitcoin ETFs have experienced consistent negative outflows in the past few days.
  • The outflows mark 3 consecutive days of investor withdrawals, totaling over $81.1 million on Thursday.
  • The withdrawals suggest a decline in adoption and waning confidence among investors in the short-term potential of BTC.
  • Despite the negative trend, BTC whales continue to accumulate the crypto asset, indicating confidence in Bitcoin's mid- and long-term performance.

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