{"id":605260,"date":"2024-04-26T14:00:20","date_gmt":"2024-04-26T14:00:20","guid":{"rendered":"https:\/\/wncen.com\/?p=605260"},"modified":"2024-06-11T06:57:37","modified_gmt":"2024-06-11T06:57:37","slug":"spot-bitcoin-etfs-outflows","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/spot-bitcoin-etfs-outflows\/","title":{"rendered":"Spot Bitcoin ETFs Rocked By Outflows, BTC Price Succumbs To Bears"},"content":{"rendered":"

The <\/span>Spot Bitcoin ETFs<\/span><\/a> have seen their demand drop since the start of this month, and this was again evident in the considerable outflows recorded on April 26. This poor run has had far-reaching effects on the broader crypto market as <\/span>Bitcoin\u2019s price<\/span><\/a> has succumbed to unfavorable market conditions.\u00a0<\/span><\/p>\n

Spot Bitcoin ETFS Record $217 Million Of Outflows<\/h2>\n

Farside Investors revealed in an X (formerly Twitter) <\/span>post<\/span><\/a> that the Spot Bitcoin ETFs recorded $217 million of net outflows on April 25, one of their largest this month. <\/span>Grayscale\u2019s Bitcoin Trust (GBTC)<\/span><\/a> accounted for most of these outflows, with investors moving $139.4 million out of the fund.\u00a0<\/span><\/p>\n

Related Reading: Why Is The Dogecoin Price Down Today?<\/a><\/p>\n

Some other funds also recorded individual outflows. <\/span>Ark Invest\u2019s Spot Bitcoin ETF<\/span><\/a> recorded $31.3 million in outflows, while Valkyrie and Bitwise\u2019s ETFs saw $20 million and $6 million in daily outflows, respectively. Notably, <\/span>Fidelity\u2019s Wise Origin Bitcoin Fund (FBTC)<\/span><\/a> recorded a net daily outflow for the first time since these funds were <\/span>approved<\/span><\/a>, with $22.6 being moved out of the fund on Thursday.\u00a0<\/span><\/p>\n

Meanwhile, BlackRock\u2019s dry spell continued with its <\/span>iShares Bitcoin Trust (IBIT)<\/span><\/a> recording zero inflows for the second consecutive day. Although the fund has yet to record net daily outflows since launching, this undoubtedly represents a setback, considering that it had, before April 24, <\/span>recorded<\/span><\/a> 71 consecutive days of daily inflows.\u00a0<\/span><\/p>\n

These Spot Bitcoin ETFs’ outflows have led to a wave of sell-offs from the fund issuers to fulfill redemptions. As a result, Bitcoin\u2019s price action has been rather unimpressive as of late, with the flagship crypto experiencing significant price declines due to the heightened selling pressure. This development has put the bears firmly in control, with <\/span>data<\/span><\/a> from Coinglass showing that more Bitcoin longs than shorts have been liquidated in the last 24 hours.\u00a0<\/span><\/p>\n

Macro Economic Factors Also Affecting Bitcoin\u2019s Price<\/h2>\n

An initial estimate <\/span>released<\/span><\/a> by the Bureau of Economic Analysis on April 25 showed that the <\/span>US Gross Domestic Product (GDP)<\/span><\/a> grew at an annual rate of 1.6% in the first quarter, which was way below expectations. This data report further diminishes hopes of rate cuts this year and looks to have played out in investors’ minds as <\/span>Bitcoin<\/span> briefly dropped below $63,000 following the report’s release.\u00a0<\/span><\/p>\n

Related Reading: HBAR Prices Crashes 35% As BlackRock Denies Any Ties To Hedera<\/a><\/div>\n

Meanwhile, the Personal Consumption Expenditures (PCE) <\/span>inflation data<\/span><\/a> is set to be released on April 26. This PCE report could come in higher than expectations, adding to the growing concerns about the unlikelihood of rate cuts this year. <\/span><\/p>\n

Interest rates have significant implications on risk assets, including crypto, and if the <\/span>Federal Reserve<\/span><\/a> decides to take a hawkish stance, it could negatively impact the crypto market.\u00a0<\/span><\/p>\n

\"Bitcoin<\/p>\n

BTC price falls toward $63,000 | Source: BTCUSD on Tradingview.com<\/a><\/pre>\n
Featured image from Islam and Bitcoin, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"
The Spot Bitcoin ETFs have seen their demand drop since the start of this month, and this was again evident in the considerable outflows recorded on April 26. This poor run has had far-reaching effects on the broader crypto market as Bitcoin\u2019s price has succumbed to unfavorable market conditions.\u00a0 Spot Bitcoin ETFS Record $217 Million Of Outflows Farside Investors revealed in an X (formerly Twitter) post that the Spot Bitcoin ETFs recorded $217 million of net outflows on April 25, one of their largest this month. Grayscale\u2019s Bitcoin Trust (GBTC) accounted for most of these outflows, with investors moving $139.4 million out of the fund.\u00a0 Related Reading: Why Is The Dogecoin Price Down Today? Some other funds also recorded individual outflows. Ark Invest\u2019s Spot Bitcoin ETF recorded $31.3 million in outflows, while Valkyrie and Bitwise\u2019s ETFs saw $20 million and $6 million in daily outflows, respectively. Notably, Fidelity\u2019s Wise Origin Bitcoin Fund (FBTC) recorded a net daily outflow for the first time since these funds were approved, with $22.6 being moved out of the fund on Thursday.\u00a0 Meanwhile, BlackRock\u2019s dry spell continued with its iShares Bitcoin Trust (IBIT) recording zero inflows for the second consecutive day. Although the fund has yet to record net daily outflows since launching, this undoubtedly represents a setback, considering that it had, before April 24, recorded 71 consecutive days of daily inflows.\u00a0 These Spot Bitcoin ETFs’ outflows have led to a wave of sell-offs from the fund issuers to fulfill redemptions. As a result, Bitcoin\u2019s price action has been rather unimpressive as of late, with the flagship crypto experiencing significant price declines due to the heightened selling pressure. This development has put the bears firmly in control, with data from Coinglass showing that more Bitcoin longs than shorts have been liquidated in the last 24 hours.\u00a0 Macro Economic Factors Also Affecting Bitcoin\u2019s Price An initial estimate released by the Bureau of Economic Analysis on April 25 showed that the US Gross Domestic Product (GDP) grew at an annual rate of 1.6% in the first quarter, which was way below expectations. This data report further diminishes hopes of rate cuts this year and looks to have played out in investors’ minds as Bitcoin briefly dropped below $63,000 following the report’s release.\u00a0 Related Reading: HBAR Prices Crashes 35% As BlackRock Denies Any Ties To Hedera Meanwhile, the Personal Consumption Expenditures (PCE) inflation data is set to be released on April 26. This PCE report could come in higher than expectations, adding to the growing concerns about the unlikelihood of rate cuts this year. Interest rates have significant implications on risk assets, including crypto, and if the Federal Reserve decides to take a hawkish stance, it could negatively impact the crypto market.\u00a0 BTC price falls toward $63,000 | Source: BTCUSD on Tradingview.com Featured image from Islam and Bitcoin, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":605304,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[428,656,679,1119,92092,1122,1144,78790,1944,89193,84647],"class_list":["post-605260","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bitcoin","tag-bitcoin-news","tag-bitcoin-price","tag-btc","tag-btc-news-bitcoin-etf","tag-btc-price","tag-btcusd","tag-btcusdt","tag-etf","tag-etf-news","tag-spot-bitcoin-etf"],"acf":[],"yoast_head":"\nSpot Bitcoin ETFs Rocked By Outflows, BTC Price Succumbs To Bears<\/title>\n<meta name=\"description\" content=\"The Spot Bitcoin ETFs have seen their demand drop since the start of this month, and this was again evident in the considerable outflows.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wncen.com\/news\/spot-bitcoin-etfs-outflows\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Spot Bitcoin ETFs Rocked By Outflows, BTC Price Succumbs To Bears\" \/>\n<meta property=\"og:description\" content=\"The Spot Bitcoin ETFs have seen their demand drop since the start of this month, and this was again evident in the considerable outflows.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wncen.com\/news\/spot-bitcoin-etfs-outflows\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2024-04-26T14:00:20+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-11T06:57:37+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/04\/Bitcoin_b4a466.jpeg?fit=720%2C480\" \/>\n\t<meta property=\"og:image:width\" content=\"720\" \/>\n\t<meta property=\"og:image:height\" content=\"480\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Scott Matherson\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/MathersonScott\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Scott Matherson\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/wncen.com\/news\/spot-bitcoin-etfs-outflows\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/news\/spot-bitcoin-etfs-outflows\/\"},\"author\":{\"name\":\"Scott Matherson\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/b728e21249a8147d980445b0ee98f18d\"},\"headline\":\"Spot Bitcoin ETFs Rocked By Outflows, BTC Price Succumbs To Bears\",\"datePublished\":\"2024-04-26T14:00:20+00:00\",\"dateModified\":\"2024-06-11T06:57:37+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/spot-bitcoin-etfs-outflows\/\"},\"wordCount\":467,\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/spot-bitcoin-etfs-outflows\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/04\/Bitcoin_b4a466.jpeg?fit=720%2C480\",\"keywords\":[\"bitcoin\",\"Bitcoin news\",\"bitcoin price\",\"btc\",\"BTC news Bitcoin ETF\",\"btc price\",\"btcusd\",\"BTCUSDT\",\"etf\",\"ETF news\",\"Spot Bitcoin ETF\"],\"articleSection\":[\"Cryptocurrency Market News\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2024\",\"copyrightHolder\":{\"@id\":\"https:\/\/wncen.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/wncen.com\/news\/spot-bitcoin-etfs-outflows\/\",\"url\":\"https:\/\/wncen.com\/news\/spot-bitcoin-etfs-outflows\/\",\"name\":\"Spot Bitcoin ETFs Rocked By Outflows, BTC Price Succumbs To Bears\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/spot-bitcoin-etfs-outflows\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/spot-bitcoin-etfs-outflows\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/04\/Bitcoin_b4a466.jpeg?fit=720%2C480\",\"datePublished\":\"2024-04-26T14:00:20+00:00\",\"dateModified\":\"2024-06-11T06:57:37+00:00\",\"description\":\"The Spot Bitcoin ETFs have seen their demand drop since the start of this month, and this was again evident in the considerable outflows.\",\"breadcrumb\":{\"@id\":\"https:\/\/wncen.com\/news\/spot-bitcoin-etfs-outflows\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/wncen.com\/news\/spot-bitcoin-etfs-outflows\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/news\/spot-bitcoin-etfs-outflows\/#primaryimage\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/04\/Bitcoin_b4a466.jpeg?fit=720%2C480\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2024\/04\/Bitcoin_b4a466.jpeg?fit=720%2C480\",\"width\":720,\"height\":480,\"caption\":\"Bitcoin\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/wncen.com\/news\/spot-bitcoin-etfs-outflows\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/wncen.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Spot Bitcoin ETFs Rocked By Outflows, BTC Price Succumbs To Bears\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/wncen.com\/#website\",\"url\":\"https:\/\/wncen.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin & Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/wncen.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/wncen.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/wncen.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/b728e21249a8147d980445b0ee98f18d\",\"name\":\"Scott Matherson\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/3d21ae3d2529ce2df4466b61ea80b449?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/3d21ae3d2529ce2df4466b61ea80b449?s=96&d=mm&r=g\",\"caption\":\"Scott Matherson\"},\"description\":\"Scott Matherson is a prominent crypto writer at NewsBTC with a knack for capturing the pulse of the market, covering pivotal shifts, technological advancements, and regulatory changes with precision. Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scott's dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers. Scott\u2019s experience spans a number of industries outside of crypto including banking and investment. He has brought his vast experience from these industries into crypto, which allows him to understand even the most complex topics and break them down in a way that is easy for readers from all works of life to understand. Scott\u2019s pieces have helped to break down cryptocurrency processes and how they work, as well as the underlying groundbreaking technology that makes them so important to everyday life. With years of experience in the crypto market, Scott began to focus on his true passion: writing. During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others. Scott\u2019s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott\u2019s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry. Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors. In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else. Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies. Scott stands steady in the frontlines of the crypto revolution and is committed to helping to shape a future that promotes the development of technology in an ethical manner that translates to the benefit of all in the society.\",\"sameAs\":[\"https:\/\/x.com\/https:\/\/twitter.com\/MathersonScott\"],\"url\":\"https:\/\/wncen.com\/author\/mathersonscott1\/\"}]}<\/script>\n","yoast_head_json":{"title":"Spot Bitcoin ETFs Rocked By Outflows, BTC Price Succumbs To Bears","description":"The Spot Bitcoin ETFs have seen their demand drop since the start of this month, and this was again evident in the considerable outflows.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/wncen.com\/news\/spot-bitcoin-etfs-outflows\/","og_locale":"en_US","og_type":"article","og_title":"Spot Bitcoin ETFs Rocked By Outflows, BTC Price Succumbs To Bears","og_description":"The Spot Bitcoin ETFs have seen their demand drop since the start of this month, and this was again evident in the considerable outflows.","og_url":"https:\/\/wncen.com\/news\/spot-bitcoin-etfs-outflows\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2024-04-26T14:00:20+00:00","article_modified_time":"2024-06-11T06:57:37+00:00","og_image":[{"width":720,"height":480,"url":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/04\/Bitcoin_b4a466.jpeg?fit=720%2C480","type":"image\/jpeg"}],"author":"Scott Matherson","twitter_card":"summary_large_image","twitter_creator":"@https:\/\/twitter.com\/MathersonScott","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Scott Matherson","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/wncen.com\/news\/spot-bitcoin-etfs-outflows\/#article","isPartOf":{"@id":"https:\/\/wncen.com\/news\/spot-bitcoin-etfs-outflows\/"},"author":{"name":"Scott Matherson","@id":"https:\/\/wncen.com\/#\/schema\/person\/b728e21249a8147d980445b0ee98f18d"},"headline":"Spot Bitcoin ETFs Rocked By Outflows, BTC Price Succumbs To Bears","datePublished":"2024-04-26T14:00:20+00:00","dateModified":"2024-06-11T06:57:37+00:00","mainEntityOfPage":{"@id":"https:\/\/wncen.com\/news\/spot-bitcoin-etfs-outflows\/"},"wordCount":467,"publisher":{"@id":"https:\/\/wncen.com\/#organization"},"image":{"@id":"https:\/\/wncen.com\/news\/spot-bitcoin-etfs-outflows\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/04\/Bitcoin_b4a466.jpeg?fit=720%2C480","keywords":["bitcoin","Bitcoin news","bitcoin price","btc","BTC news Bitcoin ETF","btc price","btcusd","BTCUSDT","etf","ETF news","Spot Bitcoin ETF"],"articleSection":["Cryptocurrency Market News"],"inLanguage":"en-US","copyrightYear":"2024","copyrightHolder":{"@id":"https:\/\/wncen.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/wncen.com\/news\/spot-bitcoin-etfs-outflows\/","url":"https:\/\/wncen.com\/news\/spot-bitcoin-etfs-outflows\/","name":"Spot Bitcoin ETFs Rocked By Outflows, BTC Price Succumbs To Bears","isPartOf":{"@id":"https:\/\/wncen.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/wncen.com\/news\/spot-bitcoin-etfs-outflows\/#primaryimage"},"image":{"@id":"https:\/\/wncen.com\/news\/spot-bitcoin-etfs-outflows\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/04\/Bitcoin_b4a466.jpeg?fit=720%2C480","datePublished":"2024-04-26T14:00:20+00:00","dateModified":"2024-06-11T06:57:37+00:00","description":"The Spot Bitcoin ETFs have seen their demand drop since the start of this month, and this was again evident in the considerable outflows.","breadcrumb":{"@id":"https:\/\/wncen.com\/news\/spot-bitcoin-etfs-outflows\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/wncen.com\/news\/spot-bitcoin-etfs-outflows\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/news\/spot-bitcoin-etfs-outflows\/#primaryimage","url":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/04\/Bitcoin_b4a466.jpeg?fit=720%2C480","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/04\/Bitcoin_b4a466.jpeg?fit=720%2C480","width":720,"height":480,"caption":"Bitcoin"},{"@type":"BreadcrumbList","@id":"https:\/\/wncen.com\/news\/spot-bitcoin-etfs-outflows\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/wncen.com\/"},{"@type":"ListItem","position":2,"name":"Spot Bitcoin ETFs Rocked By Outflows, BTC Price Succumbs To Bears"}]},{"@type":"WebSite","@id":"https:\/\/wncen.com\/#website","url":"https:\/\/wncen.com\/","name":"NewsBTC","description":"Bitcoin & Cryptocurrency News Today","publisher":{"@id":"https:\/\/wncen.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/wncen.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/wncen.com\/#organization","name":"NewsBTC","url":"https:\/\/wncen.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/","url":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/wncen.com\/#\/schema\/person\/b728e21249a8147d980445b0ee98f18d","name":"Scott Matherson","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/3d21ae3d2529ce2df4466b61ea80b449?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/3d21ae3d2529ce2df4466b61ea80b449?s=96&d=mm&r=g","caption":"Scott Matherson"},"description":"Scott Matherson is a prominent crypto writer at NewsBTC with a knack for capturing the pulse of the market, covering pivotal shifts, technological advancements, and regulatory changes with precision. Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scott's dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers. Scott\u2019s experience spans a number of industries outside of crypto including banking and investment. He has brought his vast experience from these industries into crypto, which allows him to understand even the most complex topics and break them down in a way that is easy for readers from all works of life to understand. Scott\u2019s pieces have helped to break down cryptocurrency processes and how they work, as well as the underlying groundbreaking technology that makes them so important to everyday life. With years of experience in the crypto market, Scott began to focus on his true passion: writing. During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others. Scott\u2019s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott\u2019s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry. Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors. In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else. Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies. Scott stands steady in the frontlines of the crypto revolution and is committed to helping to shape a future that promotes the development of technology in an ethical manner that translates to the benefit of all in the society.","sameAs":["https:\/\/x.com\/https:\/\/twitter.com\/MathersonScott"],"url":"https:\/\/wncen.com\/author\/mathersonscott1\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Spot Bitcoin ETFs Rocked By Outflows, BTC Price Succumbs To Bears","url":"http:\/\/wncen.com\/news\/spot-bitcoin-etfs-outflows\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/spot-bitcoin-etfs-outflows\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/04\/Bitcoin_b4a466.jpeg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/04\/Bitcoin_b4a466.jpeg?fit=720%2C480"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Scott Matherson"}],"creator":["Scott Matherson"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["bitcoin","bitcoin news","bitcoin price","btc","btc news bitcoin etf","btc price","btcusd","btcusdt","etf","etf news","spot bitcoin etf"],"dateCreated":"2024-04-26T14:00:20Z","datePublished":"2024-04-26T14:00:20Z","dateModified":"2024-06-11T06:57:37Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Spot Bitcoin ETFs Rocked By Outflows, BTC Price Succumbs To Bears\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/spot-bitcoin-etfs-outflows\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/spot-bitcoin-etfs-outflows\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2024\\\/04\\\/Bitcoin_b4a466.jpeg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2024\\\/04\\\/Bitcoin_b4a466.jpeg?fit=720%2C480\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Scott Matherson\"}],\"creator\":[\"Scott Matherson\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"bitcoin\",\"bitcoin news\",\"bitcoin price\",\"btc\",\"btc news bitcoin etf\",\"btc price\",\"btcusd\",\"btcusdt\",\"etf\",\"etf news\",\"spot bitcoin etf\"],\"dateCreated\":\"2024-04-26T14:00:20Z\",\"datePublished\":\"2024-04-26T14:00:20Z\",\"dateModified\":\"2024-06-11T06:57:37Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2024\/04\/Bitcoin_b4a466.jpeg?fit=720%2C480","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/605260"}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/594"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=605260"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/605260\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/605304"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=605260"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=605260"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=605260"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}