Bitcoin ETFs Just Saw Nearly $1B Pulled in a Day as Bitcoin Slips Below $80,000
U.S.-listed spot bitcoin and ether ETFs saw nearly $1 billion in outflows on Jan. 29, with bitcoin funds losing $817.9 million and ether funds $155.6 million. Bitcoin fell 6.53% to $78,719.63 and ether dropped 11.76% to $2,387.77 by midday Saturday. The moves followed Kevin Warsh’s appointment to head the Fed and a stronger U.S. dollar.