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ETF BITCOIN WITNESSES RECORD WITHDRAWAL OF 3.5 BILLION USD



🔸 Bitcoin Spot ETF in the US is experiencing its worst month in history with 3.5 billion USD being withdrawn, with BlackRock's IBIT alone losing 2.2 billion USD, although the total cash flow since its launch is still +57.6 billion USD.

🔸 The continuous flow of funds shows an inflow of +523 million USD on one day, followed by a withdrawal of -903 million USD two days later, and then a return to +238 million USD, indicating that investors are rapidly changing positions.

🔸 A record trading volume of 11.5 billion USD in one day, but the outflow of funds indicates that the profit-taking sentiment is prevailing, rather than accumulation buying.

🔸 According to Citi Research, every 1 billion USD withdrawn from an ETF could cause Bitcoin to decrease by approximately 3.4%, consistent with the sharp decline in November.
BTC3.63%
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