Bitcoin ETFs lose record $4.57 billion in two months
Bitcoin exchange-traded funds (ETFs) have experienced a significant outflow, losing a record $4.57 billion over the past two months. This decline is attributed to a combination of market volatility and regulatory uncertainties surrounding cryptocurrency investments. The outflows have raised concerns among investors about the future of Bitcoin ETFs and their appeal in the current market environment. Despite the losses, some analysts believe that the long-term prospects for Bitcoin and its ETFs remain positive.
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