US Spot Bitcoin ETFs Experience Largest Net Outflow Since March 10

A significant trend has emerged in the cryptocurrency market, as the net outflow of US spot Bitcoin (BTC) exchange-traded funds (ETFs) reached its highest level since March 10.

According to monitoring by AiCoin, a total of $164 million was withdrawn from these funds on [date], with FBTC experiencing the largest outflow at $104 million. IBIT followed closely behind with an outflow amount of $33.9 million.

The data suggests that ETF fund inflows have a significant positive correlation with BTC price, as tracked by AiCoin's live trading strategy.