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Over the past week, spot Bitcoin ETF products have recorded a net outflow of $900 million as June 20 marked the fifth straight day of outflows. This marks the product’s worst performance since mid-April, shortly after the . Over the past 24 hours, the price of the coin has dropped by 2.8%, and it is trading at $63,784.68. Bitcoin’s trading volume is up 33.93% to $25,990,936,338, shining a light of confidence.
With this rebooted sentiment and hopes for a rebound on the spot Bitcoin ETF market, the price of the coin might reroute its trend in the short term.Godfrey Benjamin is an experienced crypto journalist whose main goal is to educate everyone around him about the prospects of Web 3.0. His love for crypto was birthed when, as a former banker, he discovered the obvious advantages of decentralized money over traditional payments.
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