As per Bitcoinist, Bitcoin ETFs recorded nearly $870 million in net outflows in a single day, marking their second-worst session since launch. The outflows coincide with BTC dropping below $100,000 before a tentative rebound. Investors are shifting to gold and silver amid uncertainty over U.S. Federal Reserve policy. The trend raises questions about whether ETFs, once seen as a bullish force, are now accelerating selling pressure. Projects like Bitcoin Hyper ($HYPER), a Bitcoin Layer 2 solution, are attempting to capture interest in the Bitcoin ecosystem despite the market turbulence.
Bitcoin ETFs See Record Outflows Amid BTC Price Volatility
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