Bitcoin Price Dips as Investors Withdraw Over $480 Million from Crypto Funds
• Bitcoin funds lost $480 million in withdrawals over the past week, likely contributing to BTC's price dip • Grayscale saw $2.2 billion in outflows last week, but they are slowing down now • New US Bitcoin ETFs saw $1.8 billion of inflows last week since launching on January 11 • Overall crypto funds saw over $500 million in outflows, focused mainly on Bitcoin • Bitcoin is now trading around $41,872, recovering slightly over the past week but flat over 30 days