🚨Bitcoin Spot ETFs Fall Below $50B Following $170M Outflow in 8 Days 🚨
🔸 On September 6, bitcoin spot ETFs experienced a net outflow of $170 million over 8 days.
🔸 Grayscale’s GBTC faced an outflow of $52.871 million, while Fidelity’s FBTC saw $85.52 million in withdrawals.
🔸 The total net asset value of Bitcoin spot ETFs has now dropped to $48.243 billion, falling below the $50 billion threshold.
bitcoin History is repeating.
We are at the starting point of the next massive bull market!
NEW: 🇬🇧UK regulator rejects nearly 90% of crypto firm applications, only 4 firms successfully registered.
The reason?
Insufficient protection against fraud. 🔒
🚨DID YOU KNOW: El Salvador adopted Bitcoin on this day 3 years ago!
El Salvador buys 1 $BTC every single day and now HODLs 5,876 $BTC worth $319m. ✊
Ethereum exchange reserves have dropped to their lowest level in 8 years.📉
ETH outflows hitting historic lows.👀
🔥Bitcoin Whales Are Buying While Everyone Is Selling.
Wallets with 10+ BTC gained 34,200 BTC since June.
🚀The last major whale buys led to Bitcoin’s all-time high.
Is history repeating? 🤔