Bitcoin critical demand metric turns negative and ETFs wiped out $1.1 billion in 72 hours

US-listed spot Bitcoin ETFs have suffered three consecutive sessions of heavy redemptions of more than $1 billion. The velocity of this U-turn is surprising, considering this year began with a bang. On the first two trading days of this year, the 12 Bitcoin ETF products combined to haul in nearly $1.2 billion. However, that inflow The post Bitcoin critical demand metric turns negative and ETFs wiped out $1.1 billion in 72 hours appeared first on CryptoSlate.