Bitcoin ETF withdrawals snap nine-day buying run
Bitcoin ETFs shed $201.9 million Friday as the price fell about 3.2%, ending a nine-session inflow streak that had brought in $3 billion.
Why it mattersBitcoin ETF flows signal investor appetite and can drive prices. The pause might indicate profit-taking after a strong run, though other crypto assets still attracted buyers.
AustraliaAustralian investors with crypto ETF exposure saw their Bitcoin holdings decline Friday while alternative crypto holdings remained supported.
✓ Claims checked against the source. checked 2 h ago
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