Yesterday saw the third largest outflow day for Bitcoin spot ETF, which had previously served as a signal for a local bottom.

BlockBeats News, November 15, according to CoinDesk's report, yesterday the U.S. Bitcoin spot ETF saw its third largest outflow of funds since its launch, with a single-day outflow amount exceeding $400 million.

On the previous two occasions when the outflows exceeded $400 million (May 1 and November 4), the market price reached a local bottom.