Bitcoin fell to a two-month low, and the US Bitcoin ETF has seen net redemptions for three consecutive months.

Bitcoin fell to a two-month low in early Asian trading on Friday, with the cryptocurrency market sentiment continuing to cool as investors withdraw funds from Bitcoin ETFs. Bitcoin fell 3.9% to $81,102 in Singapore on Friday, hitting its lowest level since November 21, extending the overnight accelerated decline. Bitcoin has dropped more than 34% from its historical high on October 6 last year. Data shows that 12 Bitcoin ETFs listed in the United States have seen net redemptions for three consecutive months, with net outflows of about $4.8 billion. If this trend continues until the end of January, it will mark the longest period of sustained net outflows for Bitcoin ETFs since they were listed in 2014.