Bitcoin ETF Outflows Hit $536 Million as BTC Price Drops Below $110,000

Bitcoin exchange-traded funds (ETFs) experienced significant capital outflows totaling $536 million this week as the cryptocurrency market faced downward pressure. The substantial withdrawals coincided with Bitcoin's price decline below the crucial $110,000 threshold, indicating growing investor caution in the current market environment. This development marks one of the largest single-day outflow records for Bitcoin ETFs in recent months, reflecting shifting sentiment among institutional and retail investors alike. Market analysts attribute this trend to profit-taking activities and macroeconomic uncertainties affecting digital asset valuations across the board.