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The Nexus
BUSINESSMay 8 · 10:20 UTCCOINTELEGRAPHCointelegraph by Helen Partz

Bitcoin ETFs snap 5-day inflow streak as BTC dips under $80K

Bitcoin ETFs experienced a significant outflow of $277.5 million after a five-day inflow streak of $1.7 billion, as Bitcoin's price fell below $80,000 due to sharp intraday volatility. This marks a notable shift in investor sentiment. The outflow indicates a loss of confidence in Bitcoin's short-term prospects.

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