Bitcoin ETF Ends 9-Day Inflow Streak as Jiang Zhuoer Sells Half of ETH Spot Holdings

Jiang Zhuoer said on X that Bitcoin ETFs turned to net outflows on Friday, ending a nine-day streak of inflows. According to Odaily, he also said Federal Reserve Chair Kevin Warsh sent hawkish signals and that Bitcoin will face its first test since the recent rally. Jiang added that he sold 50% of his ETH spot position during Friday's decline.