Spot Bitcoin ETFs stop outflows with BTC rally to $58K

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Monday was the first day in two weeks that the ETFs saw positive numbers coming in.

Bitcoin’s price continues to show high levels of correlations with the landscape around the spot ETFs.

This was further proven by the price actions on Monday evening. BTC jumped to over $58,000 for the first time in five days as the ETFs broke a two-week-long streak.

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