Spot Bitcoin ETF outflows hit $691 million, Bitcoin falls to $59,400 as options expiry approaches

Odaily reported that the price of Bitcoin fell to around $59,400 today. On Thursday, spot Bitcoin ETFs in the U.S. saw net outflows of nearly $691 million, marking the largest single-day outflow since May 27.

At the same time, approximately $10.6 billion worth of Bitcoin options are set to expire on Friday. Over the past 24 hours, the total value of liquidated leveraged cryptocurrency positions across exchanges exceeded $1.1 billion, with long position liquidations reaching $875 million. Bitcoin is currently down about 53% from its all-time high of $126,080 set in October 2025. Its price fluctuated between $58,189 and $60,724 over the past 24 hours, bringing its total market capitalization to around $1.18 trillion. (decrypt)