Bitcoin ETFs see biggest outflows since June as sentiment weakens

Bitcoin is a type of digital money that people can buy and sell.

An ETF is a special fund that lets people invest in Bitcoin without actually owning it.

Recently, people pulled a lot of money out of these Bitcoin funds.

In one week, investors took out about $389.7 million, the most since June.

The week before, they had put in $853.5 million, so the mood changed quickly.

Bitcoin's price stayed around $63,000, which is about half of its highest price ever.

People are worried that interest rates might go up, which makes risky investments less attractive.

A new law called the Clarity Act, which would set rules for crypto, is moving slowly.

There was also a security problem with Coldcard wallets, which are used to store Bitcoin safely.

All of these things made investors more careful about crypto.