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Bitcoin ETFs swing back to net outflows as $636 million in withdrawals erase previous day’s inflows
Published Source: The BlockRead original
Crypto Insight Summary: BlackRock's IBIT led Thursday's net outflows with $254.1 million, while four other funds also witnessed withdrawals. Crypto Insight Analysis: Direction: Bearish BTC Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Large ETF outflows signal short-term bearish sentiment but long-term adoption remains intact.