CryptoCoinDeskabout 2 hours ago
Bitcoin ETFs and private credit show rising risks
1 min read
Redemption requests in the $2 trillion private credit market surged to $15.6 billion in Q2, breaching 5% quarterly caps at most BDCs. Investors pulled nearly $5 billion from U.S.-listed spot bitcoin ETFs, contributing to a 14% drop in bitcoin's price. The U.S. strategic petroleum reserve fell to its lowest since 1983.
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