Crypto▼ bearishImpact 7/10
‘Rally without conviction’: Bitcoin ETFs see $630M in outflows as corporate treasury demand drops and resistance builds
The Block·

✦AI Analysis
Bitcoin ETFs experienced significant outflows of $630 million on May 13, driven by a decline in corporate treasury demand. Additionally, a $2 billion gamma cluster is raising concerns about potential volatility as Bitcoin approaches the $82,000 mark.
Key Topics
BitcoinETFs
Originally reported by The Block. Read the full article ↗