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.
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Bernstein 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.
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Bitcoin 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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