Bitcoin ETF Outflows Extend Into Seventh Week

Bitcoin ETF outflows have extended into a seventh week, with redemptions totaling $4.4B over a record 13-day streak. This sustained trend reflects increasing institutional caution, which may affect long-term investor confidence and market stability. Consequently, Bitcoin has tested the $59K level as the market contends with these significant outflows and the impact of Options expiry. These factors combined are weighing heavily on the current market performance and overall price stability.