The recent plunge in the price of bitcoin was accompanied by a sizable amount of net outflows from the 12 U.S. spot exchange-traded funds (ETFs). While on its face, that might appear worrisome, it's more likely a sign of healthy growth.
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from CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Bitcoin ETFs Are Fine Despite Suffering Their Worst String of Outflows, Says Expert
September 10, 2024