Bitcoin, crypto ETFs recorded $454 million in outflows last week

Cryptocurrency ETFs recorded $454 million in outflows last week as investor sentiment shifted negatively, according to a report by CoinShares. The withdrawals nearly erased $1.5 billion in inflows accumulated during the first two days of the year. This reversal coincided with diminishing market expectations for a Federal Reserve interest rate cut in March. A four-day streak of selling totaled $1.3 billion according to data released by CoinShares. The shift in capital flows followed the release of macroe ...