Bitcoin ETFs See Largest Drawdown Since Launch – U.Today
In a recent market update, CryptoQuant analyst has noted that the total outflows from the all-time high (ATH) have now reached a staggering $5.55 billion. Are investors panicking? Bitcoin evangelists often argue that ETFs represent “sticky capital,” meaning that institutional investors are encouraged to hold. They claim that giants like BlackRock and Fidelity have long-term...
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