Spot Bitcoin ETFs Experience $545 Million Outflows for Second Day

Spot Bitcoin ETFs saw $544.94 million in outflows as Bitcoin's value fell, marking the second consecutive day of significant withdrawals.

On Wednesday, spot Bitcoin exchange-traded funds (ETFs) in the United States faced outflows amounting to $544.94 million, reflecting ongoing challenges for the leading cryptocurrency.

This marks the second day in a row that these ETFs have experienced substantial withdrawals, coinciding with a downturn in Bitcoin's market performance.