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Over $540M in net outflows from BTC spot ETFs last week, with Hong Kong also experiencing net outflows

"Bitcoin spot ETFs saw net outflows of more than $540 million last week," crypto custodian BitGo reported on X. "The spot ETFs saw net outflows of more than $540 million last week. "BTC spot ETFs reverted to a net outflow trend in the last 10 days, with cumulative outflows since that point totaling more than $1.1 billion," he added. "BTC spot ETFs saw 7,690 BTC in outflows last week," said crypto analyst HODL15Capital (@HODL15Capital).

Meanwhile, Crypto analyst HODL15Capital (@HODL15Capital) reported via X that "BTC holdings in three Hong Kong Bitcoin spot ETFs fell below 4,000 BTC last week. The current holdings stand at 3,842 BTC." Last week's net outflows amounted to 222 BTC. It was previously reported that 11 U.S. BTC spot ETFs also experienced net outflows worth $5.4 billion last week.

Crypto 'Fear-Greed Index' at 49...moving to neutral

Crypto data provider Alternative's self-estimated “Fear-Greed Index” rose four points from the previous day to 49. The improvement in sentiment moved the index from fear to neutral. The index indicates extreme fear in the market when it is close to zero, and extreme optimism when it is close

blockchain crypto cryptocurrency fear greed index 26 btc 55K (SpotedCrypto)

Crypto 'Fear-Greed Index' 26...Fear Continues , CME BTC Futures Gap $870

Crypto data provider Alternative's self-estimated “Fear-Greed Index” fell three points from the previous day to 26. The fear phase continues with a slight contraction in confidence. The index indicates extreme fear in the market, with readings closer to zero indicating extreme fear, and readings closer to 100 indicating

blockchain crypto cryptocurrency bitcoin reclaim 62K we wish (Spoted Crypto)

Bitcoin supports $60K, break of $62K will change the trend and close nearly $700M worth of shorts

Wall Street takes a breather ahead of Fed Chair Jerome Powell's speech at the Jackson Hole meeting. Bitcoin held the $60,000 level in the New York market on Dec. 22 (local time). Cointelegraph reported that the $60,000 support level held firm, supported by inflows into ETFs.

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