Spot bitcoin ETFs see largest daily outflows in four months following record Binance hack

Crypto Insight Summary: US spot bitcoin ETFs shed $643 million on Friday, marking their largest single-day outflow since June 25, following Thursday's Binance's hack. Crypto Insight Analysis: Direction: Bearish BTC Impact: Major Impact Horizon: Short-term (1-3 days) Reasoning: Record four-month ETF outflows and a major Binance hack could sharply weaken near-term crypto sentiment.