“Key liquidity drivers, such as stablecoin growth and US-listed Bitcoin ETF inflows, have slowed down – as we have mentioned for several weeks. ETF flows peaked on March 12, and four consecutive days of net outflows have recently been seen. Demand for US-listed Bitcoin ETFs appears saturated, as even a 10-15% decline in Bitcoin prices has not increased net inflows,” Matrixport said in a market update early Friday.
Source: https://www.coindesk.com/markets/2024/04/19/bitcoin-spot-etfs-register-five-day-withdrawals-streak-ahead-of-halving/?utm_medium=referral&utm_source=rss&utm_campaign=headlines