US-listed Bitcoin ETFs recorded a significant drop in inflows, declining to 216.48 million USD, a 47% decrease from the previous day. Meanwhile, Bitcoin’s price slid to 103,371 USD, contributing to a cautious market environment.
The current trading landscape shows increased bearish sentiment, reflected in declining open interest and heightened demand for put options. BlackRock’s IBIT ETF led inflows while Fidelity’s FBTC suffered notable outflows, highlighting varying institutional responses.
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