On Thursday, Bitcoin exchange-traded funds (ETFs) in the US witnessed a considerable rise in withdrawals, reaching $171 million in one day—the largest exit in three weeks. The downturn came as Bitcoin’s price fell below $70,000, injecting volatility into digital asset markets amidst increasing geopolitical tensions in the Middle East.
Continue Reading:Challenging Times for Bitcoin ETFs as Market Sees Record Withdrawals
Source: https://en.bitcoinhaber.net/challenging-times-for-bitcoin-etfs-as-market-sees-record-withdrawals