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Bitcoin ETFs Face Massive Outflows Amid Market Correction

JPMorgan says bitcoin remains in 'overbought territory' despite

U.S.-listed Bitcoin ETFs saw a significant shift on Thursday as investors pulled out $400.7 millionthe third-largest outflow since their launch, according to Farside.

Key Points

Bitcoin ETFs Face Declining Inflows: JPMorgan Reports Investor

JP Morgan: Bitcoin ETFs Could See $25 Billion Inflows From

Key Points: -Persistent outflows from Grayscale's Bitcoin Trust (GBTC) chip away at overall inflows, painting a more subdued picture of investor demand. -Disappointing

Now

Bitcoin Remains Overbought Despite Recent Correction, JPMorgan

Now, analysts at Wall Street giant JPMorgan have predicted the outflows from Grayscale's converted spot bitcoin ETF (GBTC) are largely behind us, signalling an end

JPMorgan Issues Surprise Bitcoin ETF Prediction After Sudden

Financial Giant Jpmorgan Says That

After the approval, Bitcoins traded sideways for some time before marking a slight correction, leading to diverse predictions from market analysts on the growth of the

Financial giant JPMorgan says that Bitcoin’s (BTC) ETF demand has been overstated by 2X. The bank believes that not all inflows represent fresh money entering the crypto space. The bank

JPMorgan: Bitcoin (BTC) In Overbought Territory, Slowing ETF

Jpmorgan Says Bitcoin Remains Overbought

Financial giant JPMorgan says that Bitcoin’s (BTC) ETF demand has been overstated by 2X. The bank believes that not all inflows represent fresh money entering the

JPMorgan says bitcoin remains overbought. Spot ETFs witnessed a significant outflow in the past week. Bitcoin profit-taking could continue into the halving event

Bitcoin ETF Figures Overstated, May Face Correction: JPMorgan

Jpmorgan Strategists Warn That Bitcoin

Bitcoin underwent a sharp correction last week before rebounding this week, but it still remains in overbought territory, according to JPMorgan analysts, suggesting that

JPMorgan strategists warn that Bitcoin is overbought, aligning with their earlier forecast of downward movement before April's halving event. Bitcoin ETFs three-days