PANews reported on December 29th that Matrixport's chart analysis today shows that Bitcoin spot ETFs have experienced continuous outflows over the past nine weeks, with a cumulative net outflow of nearly $6 billion, indicating continued weakness in market liquidity and sentiment. Looking at monthly figures, after a net outflow of $3.5 billion in November, December saw continued net outflows, with approximately $1.1 billion flowing out so far. If the month ends with a net outflow, this will be the most significant round of fund withdrawals since the ETF's launch in January 2024. The key focus shifts to January: that will reveal whether this pressure is merely a short-term disturbance due to year-end portfolio adjustments or a sustained shift in allocation preferences.



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XRP and Cardano need to prove they're useful