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Crypto

Altcoin Inflows Siphon $201M from Bitcoin ETFs

Guavy AI Editorial Team
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BTC
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Bitcoin ETFs have lost $201.8 million in recent weeks as investors shift their attention to alternative cryptocurrencies.

According to data, this marks a significant drop for Bitcoin-based exchange-traded funds (ETFs), which have seen declining inflows since the start of the year.

The decline has sparked questions about whether there is a growing trend towards altcoins, with some speculating that investors are seeking more diversified portfolios and potentially higher returns.

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