Investors yank $171 million from bitcoin ETFs in largest single-day outflow in three weeks

ETFs show institutional demand for bitcoin is cooling after a strong start to the month. What to know : Institutional demand for bitcoin is cooling after a strong start to the month. Investors withdrew $171.12 million from 11 U.S.-listed spot bitcoin ETFs on Thursday. The slowdown raises questions about bitcoin’s resilience near $70,000 amid macroeconomic pressures