American Bitcoin exchange-traded funds (ETFs) are experiencing a historic period of losses, recording the longest weekly net outflow of funds since their launch in January last year. This situation is influenced not only by general market trends but also by the political climate in the United States, particularly the return of President Donald Trump to the White House.
Recent developments in the Bitcoin $BTCUSD landscape reveal significant shifts in fund flows and price dynamics. Over the past three days, a notable outflow of funds from Bitcoin ETFs has reached $494 million, while the Bitcoin price has stabilized at $96,000. This situation is drawing keen attention from market analysts and investors alike.