BITCOIN ETFS SEE FULL WEEK OF NET OUTFLOWS, RECORD LOW INFLOWS FOR BLACKROCK, FIDELITY

Summary from the TLDR Crypto newsletter

A five-day streak of withdrawals from spot Bitcoin ETFs resulted in a record $888 million outflow last week, causing sentiment to shift in the space. Notably, Grayscale's GBTC had large outflows that may have been a result of the liquidation of Genesis. Despite lower inflows than recent weeks, trading volume for these products remained high, with volumes increasing around $22 billion to reach $164 billion.