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Alan Rogers: Bitcoin ETF outflows hit $1.7 billion in a week
Alan Rogers reports that Bitcoin ETFs have experienced four consecutive weeks of outflows.
Last week saw the largest weekly outflow in over a year, with $1.7 billion leaving these investment vehicles. Rogers also notes that the largest contributors to Bitcoin's previous all-time highs are now reducing their exposure.
Rogers previously reported that Bitcoin's largest holders stalled their accumulation while the overall crypto market cap approached $2.55 trillion. In a separate episode, he noted a $1.2 billion decline in USDT's market cap within 24 hours. Both events came amid heightened speculation on outflows and risk shifts throughout crypto.
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