Bitcoin falls for 5 consecutive weeks, $1.65 billion withdrawn from ETFs
Original headline비트코인 5주 연속 하락, ETF서 16억5000만달러 빠졌다
Not investment advice. Muhabbit scores how much a story may matter, not which way to trade.
Bitcoin fell below $74,000 after closing a fifth consecutive weekly decline, trading at $74,430.62, down 1.86% on the day and roughly 41% below its October all-time high. Spot Bitcoin and Ethereum ETFs recorded about $1.65 billion in net outflows last week, according to CryptosRus data cited by CryptoPotato. The token is down 10% over 30 days and more than 27% year-over-year. The sustained ETF redemptions matter because they signal weakening institutional demand and remove a key source of spot buying support. Watch whether ETF flows stabilize and whether BTC can hold the $74,000 area, with Ethereum ETF activity and broader risk sentiment as secondary signals.
Muhabbit's AI wrote this summary in its own words from TokenPost's report and translated it from Korean. It can get details wrong, so check the source.
Named in this story
Bitcoin (BTC), Spot Bitcoin ETF, Ethereum (ETH), Spot Ethereum ETF, CryptosRus, CoinMarketCap, CryptoPotato
A linked name opens that asset's sentiment page.