Bitcoin
Largest Bitcoin ETF Sees $2.3B Outflows in April
The largest bitcoin ETF experienced net redemptions of $2.3 billion in April despite trading below its average entry price.
The largest bitcoin ETF recorded net outflows of $2.3 billion during April while the fund was trading underwater relative to investor cost basis. The redemptions indicate investor withdrawals at a time when the fund's assets were valued below their weighted average acquisition price.
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