ETFs Need to Pull in Nearly $1B to Avoid Second Biggest Monthly Outflow on Record
Bitcoin BTC$109,880.35 bulls face a lofty challenge this week: funnel nearly $1 billion into the U.S.-listed exchange-traded funds (ETFs) and prevent these publicly listed institutional investment vehicles from registering their second-worst performance on record. In January 2024, Nasdaq listed 11 spot bitcoin ETFs, allowing investors to take exposure to the cryptocurrency while eliminating the need … Read more