Crypto ETFs Bleed $1.5B as Bitcoin Funds Extend Losses
Institutional demand for crypto ETFs investment products continued to weaken last week, with US spot Bitcoin exchange-traded funds (ETFs) recording more than $1 billion in withdrawals for the second consecutive week. The selling extended across most digital asset funds, leaving Avalanche ETFs as the only category among 15 tracked groups to attract net inflows. Bitcoin […]
Key Takeaways
- Institutional demand for crypto ETFs investment products continued to weaken last week, with US spot Bitcoin exchange-traded funds (ETFs) recording more than $1 billion in withdrawals for the second consecutive week.
- The selling extended across most digital asset funds, leaving Avalanche ETFs as the only category among 15 tracked groups to attract net inflows.
- Read the full article for additional context and details.
Summary generated by IndiCrypto from Bitcoinist. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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