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Bitcoin ETFs Lose $643M After Binance Hack Ends 4-Day Inflow Run

Published Source: Bitcoin.com NewsRead original

Crypto Insight Summary: Bitcoin ETFs suffered $643.33 million in net outflows Friday, wiping out four consecutive days of inflows and pushing the week into negative territory. Ether and solana also faced heavy redemptions as the Binance hack triggered a fresh bout of risk aversion across crypto markets. Blackrock, Fidelity Lead $643M Bitcoin ETF Selloff Four days of steady […] Crypto Insight Analysis: Direction: Bearish BTC / Bearish ETH / Bearish SOL Impact: Major Impact Horizon: Short-term (1-3 days) Reasoning: Binance hack triggered risk-off sentiment causing significant ETF outflows and market-wide sell pressure.

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