On Thursday, there was a significant outflow of funds from BTC spot ETFs, which was expected. Users of BlackRock, Fidelity, and Bitwise saw four-digit Bitcoin outflows. The price drop caused panic among some investors and once again proved the lack of confidence in cryptocurrencies among U.S. investors. Whenever there’s a drop, the sell-off volume increases significantly. @bitget VIP, lower fees, bigger perks