US spot bitcoin ETFs have seen daily net inflows of $1 billion, marking the largest single-day outflow ever. Notably, this figure does not include data from Ark Invest’s ARKB fund, which has seen more than $2 billion exit its ETF products in a six-day streak of negative flows.
Read MoreBernstein continues to maintain its Bitcoin price target of $200,000 within the next 12 months, arguing that the current market correction is presenting an attractive buying opportunity for strategic investors.
Read MoreBitcoin and major cryptocurrencies continued to fall on Tuesday as concerns about President Trump’s new tariffs on Canada and Mexico gripped the market.
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