Big news in the world of Bitcoin! Bitcoin is a type of digital money, like a special online coin. Recently, some people who invest in Bitcoin through special funds called ETFs have been selling their Bitcoin.
- Lots of Bitcoin moved out of these special investment funds.
- This happened over three days and involved a lot of money.
- One fund, called IBIT, saw a big drop in how much Bitcoin people bought and sold.
Fact | Number |
---|---|
Total Bitcoin sold from ETFs | $494 million |
Bitcoin's current price | $96,000 |
Bitcoin's price range | $90,000 - $109,000 |
Experts think this shows people aren't super excited to buy more Bitcoin right now. Bitcoin's price is hanging around $96,000.