Author: Yumi Sumiko (Crypto Story teller)
Bitcoin exchange-traded funds (ETFs) skilled an unprecedented shift on Monday, as traders pulled out a staggering $580 million in a single day.This huge sell-off, the biggest one-day outflow ever for Bitcoin ETFs, highlights the bizarre volatility and cautious sentiment surrounding the cryptocurrency market.The Constancy Smart Origin Bitcoin Fund (FBTC) topped the outflows with $169 million.Scorching on its heels, ARK’s 21Shares Bitcoin ETF (ARKB) reported $138 million in outflows, marking a big withdrawal from what has been a preferred selection for crypto fanatics.Different massive gamers within the Bitcoin ETF area additionally felt the influence.Credit score; WebGrayscale’s Bitcoin Mini Belief (BTC) misplaced…