Bitcoin ETFs Lose $729M in Just 48 Hours
U.S. investors this week altered their strategy, withdrawing $729 million from spot bitcoin exchange-traded funds — exerting downward pressure on the price of the leading cryptocurrency. Funds overseen by BlackRock, Fidelity, Morgan Stanley, and ARK 21-Shares encountered notable outflows on Wednesday and Thursday, as reported. Investors commenced the week with a divestment of approximately $90 … Read more
