Tag: abruptly
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Bitcoin (BTC) ETFs Bleed $1 Billion as Six-Week Rally Ends Abruptly
The burgeoning spot Bitcoin exchange-traded fund (ETF) market concluded a significant chapter last week, recording its most substantial weekly capital drain since its inception in January 2024. This notable downturn effectively brought an end to a six-week period characterized by steady institutional accumulation, prompting a reevaluation of investor sentiment in the digital asset space. According…
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