Bitcoin Slides as ETF Inflows Reverse and Network Activity Dips

Bitcoin’s rally to a new all-time high of $122,054 has triggered a wave of profit-taking across the market. On-chain data shows signs that institutional appetite may also be cooling.   After a strong six-week streak of net inflows into US-listed spot Bitcoin ETFs, this week has seen a reversal, with several funds recording outflows. Institutional Investors Pull $199 Million From BTC ETFs According to data from SosoValue, spot Bitcoin ETFs have reversed their six-week streak of net inflows, recording outflows totaling $199 million this week source: https://beincrypto.com/bitcoin-price-risks-etf-flows-retreat/