Bitcoin Market Shows Signs of Rebound After Volatile Week of Outflows
• GBTC saw lowest daily outflow of $17.5M on Wed, signaling potential turnaround for Bitcoin market
• Comes after $450M+ of outflows earlier in week; CEO says outflows reaching "equilibrium"
• Other crypto funds saw inflows (IBIT, FBTC, BITB, ARKB); net flows turned positive for first time this week
• Bitcoin price rebounded to $70K after brief dip, mirroring volatility in broader crypto market
• Over $200M in liquidations seen, evenly split between long and short positions, highlighting market's reactivity