According to data from CoinShares, after seven consecutive weeks of record-breaking inflows totaling $12.3 billion, cryptocurrency financial products experienced net outflows for the first time last week, reaching a net outflow total of nearly $1 billion. In particular, there was a significant increase in outflows from GBTC, with the fund seeing a total outflow of $1.83 billion in just four days, pushing the net outflows from Bitcoin spot ETF to $836 million last week. In such a market environment, the price of Bitcoin briefly dropped to $61,000.
