Bitcoin ETFs Bleed $485M as BTC Falls Toward $82K — Bearish Move Ahead?

The post Bitcoin ETFs Bleed $485M as BTC Falls Toward $82K — Bearish Move Ahead? appeared first on Coinpedia Fintech News

U.S. spot Bitcoin ETFs recorded their largest single day outflow in more than a year, with nearly $485 million leaving the funds on October 7. The heavy selling came as Bitcoin dropped close to $82,000.  The move also reversed the market’s early “Uptober” gains as rising tensions around the Strait of Hormuz increased pressure on …