Crypto
Bitcoin spot ETFs\' inflow streak ends as failure to reclaim $80,000 adds uncertainty
U.S.-listed bitcoin spot exchange-traded funds recorded a net outflow of $263 million, ending a nine-session streak of inflows. Bitcoin slipped below $77,000 and failed to reclaim $80,000. Outflows were concentrated in major products, led by Fidelity’s FBTC. Ethereum spot ETFs also saw outflows, while no new money entered XRP or Solana spot ETFs. An analysis cited forced liquidations in derivatives markets as a key driver of the recent drop.