US spot Bitcoin ETFs see $4B outflows over 12 days, pressuring BTC price down 15%.

US spot Bitcoin ETFs have experienced 12 consecutive days of cash outflows, liquidating nearly $4 billion worth of BTC. The largest outflows came from BlackRock’s iShares Bitcoin Trust and Fidelity's Wise Origin Bitcoin Fund. This sell-off has contributed to a nearly 15% drop in Bitcoin's price over the past month, currently trading around $67,260. The near-term price outlook depends on whether these ETFs resume buying, with recent large BTC deposits suggesting potential further sell-offs ahead.