Bitcoin ETF Sees $2.8B Withdrawn as Price Hits Nine-Month Low

Bitcoin's price fell to $74,600, prompting investors to withdraw $2.8 billion from ETFs in just two weeks, marking significant market concern.

After experiencing a significant downturn over the weekend, Bitcoin's value plummeted to $74,600 on Monday, reaching its lowest point in the past nine months. This sharp decline has led to a notable reaction from investors, who have collectively pulled $2.8 billion from Bitcoin exchange-traded funds (ETFs) within a mere two-week period.