Recent rapid redemptions explain the market swoon. Bitcoin's spot price fell below $70,000 on Friday, the lowest since August.
Bitcoin ETFs are now down over $1.5 billion in net outflows for the year

Recent rapid redemptions explain the market swoon. Bitcoin's spot price fell below $70,000 on Friday, the lowest since August.
Key Takeaways
- Bitcoin ETFs are now down over $1.5 billion in net outflows for the year.
- Recent rapid redemptions explain the market swoon.
- Bitcoin's spot price fell below $70,000 on Friday, the lowest since August.
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Published originally on CoinDesk






