The turmoil in the crypto market continues as U.S. spot Bitcoin ETFs face significant challenges, marking a streak of 10 consecutive days of outflows. In total, these losses have accumulated to nearly $3 billion, indicating a concerning trend for investors.
As the broader market navigates through various adversities, year-to-date inflows into these ETFs have also turned negative. This shift reflects changing investor sentiment and the pressures faced by the cryptocurrency sector.