Bitcoin ETFs lose $825M in five days as US becomes 'biggest seller' of BTC - Source: CoinTelegraph

Bitcoin institutional outflows continued into Christmas as the US gained the title of biggest BTC seller.

Key points:

• -Bitcoin ETF netflows stay negative for Christmas Eve as the institutional investment vehicles lose another $175 million.

• -Tax obligations and the quarterly options expiry are blamed for the poor performance.

• -Hope remains for a broad rebound after the holiday season.

Story continues: https://cointelegraph.com/news/bitcoin-etfs-lose-825m-in-five-days-us-biggest-seller-of-btc