Bitcoin ETFs Hit by Record $1B Outflow in One Day

What You Need To Know

• The funds shed roughly $2.1 billion over six consecutive days as Bitcoin's price faltered.
• Investors new to crypto may be more likely to panic, or the unwinding of a popular hedge fund strategy might have pushed the price down.
• Meanwhile, investors added nearly $7 billion combined to SPY and QQQ in one trading session.