
Bitcoin bounced above $63,000 but U.S. spot ETFs saw $1.72 billion in net outflows last week, the third straight week of accelerating redemptions on just $18.43 million in volume. Looming IPOs from SpaceX and Anthropic may drain liquidity, and May inflation data above 4% could add volatility.
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Bitcoin Liquidity Trap: ETF Outflows and SpaceX IPO
Summary by ByteBrief