@pabloezcobar

Bitcoin fell to its lowest in over a month during the European morning, slumping to $63,500. This is the first time BTC has dropped below $64,000 since mid-May. At the time of writing, the bitcoin price is around $63,900, a fall of 3.5% in the last 24 hours. The CoinDesk 20 Index (CD20), a measurement of the broader digital asset market, has dropped just under 2.3%, while ETH is down 2.25% at $3,500 and SOL has fallen almost 3.8% to $132.24. Spot bitcoin ETFs in the U.S. recorded a fifth straight day of outflows on Thursday, taking their total losses for the week to $900 million, the highest outflow activity since late April. Data tracked by SoSoValue shows that the 11 listed ETFs lost $140 million on Thursday, with $1.1 billion in trading volumes. Grayscale’s GBTC – which has mostly seen outflows since its conversion to an ETF in January – led with $53 million followed by Fidelity’s FBTC at $51 million. BlackRock’s IBIT, the biggest ETF by assets held, was the only product with net inflows!

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