CryptoCointelegraphabout 3 hours ago
Bitcoin ETFs Lose $1.16 Billion
2 min read
US spot Bitcoin exchange-traded funds recorded net outflows of $1.16 billion over three trading days, according to SoSoValue data. Bitwise attributed the selling to short-term risk-off sentiment following a $6.3 billion Binance hack, noting institutions largely maintained exposure while retail investors drove the majority of holdings.
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