First Mover Americas: Bitcoin Falls Below $67K as ETFs' Inflows Streak Ends

First Mover Americas: Bitcoin Falls Below $67K as ETFs’ Inflows Streak Ends


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Bitcoin fell below $67,000 during the European morning, extending a drop from $72,000 that commenced on Friday. The decline follows $65 million in cumulative outflows from the U.S.-listed spot bitcoin ETFs on Monday, the first loss since at least May 23, according to provisional data published by Farside Investors. Inflows have recently been strong, although the market chatter is that they stem from institutions’ growing interest in the non-directional basis trade

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