Bitcoin & Layer 2s
Bitcoin ETFs shed $434M as BTC briefly touches $60K, assets near $80B
•1 min read
Bitcoin exchange-traded funds (ETFs) experienced net outflows of $690 million last week, with total assets nearing $80 billion as the price of Bitcoin briefly hit $60,000. This trend has sparked renewed criticism from analysts regarding the implications of "paper Bitcoin" on the cryptocurrency's scarcity.
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Source: CoinTelegraph · Report an issue