The U.S. stock market Bitcoin ETFs have completely cooled off!
Since last November, there has been a net outflow of over $3 billion, with BlackRock's IBIT seeing $2.4 billion redeemed in a single day. ARKB, FBTC, and BITB have also experienced losses... Have the institutions stopped competing? Or are they quietly changing their positions? Has this wave of bleeding really hit bottom? #BTC #ETF
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The U.S. stock market Bitcoin ETFs have completely cooled off!
Since last November, there has been a net outflow of over $3 billion, with BlackRock's IBIT seeing $2.4 billion redeemed in a single day. ARKB, FBTC, and BITB have also experienced losses...
Have the institutions stopped competing?
Or are they quietly changing their positions? Has this wave of bleeding really hit bottom?
#BTC #ETF