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Crypto

Bitcoin Funds See Massive Outflows as Investors Reassess Holdings

Guavy AI Editorial Team
Instruments
BTC
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Yesterday, a significant outflow of Bitcoin (BTC) was recorded from the ProShares Bitcoin Strategy ETF. According to data, the fund saw a total net outflow of $236 million. This was not an isolated incident, as another popular ETF, the iShares Bitcoin Trust, also experienced a notable exodus.

The iShares Bitcoin Trust, which is managed by BlackRock, witnessed a net outflow of $201 million. These figures indicate that investors may be reevaluating their exposure to these funds or seeking alternative investment opportunities.

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