Big news in the world of Bitcoin! Lots of people who invest big money are taking their Bitcoin out of special funds called Bitcoin ETFs. This happened because the price of Bitcoin went down, making some investors worried.
- Many Bitcoin ETFs saw a huge drop in money.
- One day, almost $938 million was pulled out!
- This is the most money ever pulled out in a single day.
- Investors are worried about the economy and Bitcoin's price.
| ETF | Money Pulled Out |
|---|---|
| Fidelity's FBTC | $344.7 million |
| BlackRock's IBIT | $164.4 million |
| Total for the day | ~$938 million |
