Bitcoin ETF Outflows Hit $825M as US Becomes Biggest Seller

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Bitcoin ETF performance remained negative on Christmas Eve as a short final US trading session produced another $175 million in net outflows.

Bitcoin institutional outflows continued into Christmas as the US gained the title of biggest BTC seller.

Bitcoin ETF netflows stay negative for Christmas Eve as the institutional investment vehicles lose another $175 million.

Tax obligations and the quarterly options expiry are blamed for the poor performance.

Hope remains for a broad rebound after the holiday season.

Bitcoin institutional bid to return “soon”

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