The post Challenging Times for Bitcoin ETFs as Market Sees Record Withdrawals appeared on BitcoinEthereumNews.com. On Thursday, Bitcoin exchange-traded funds (ETFsThe post Challenging Times for Bitcoin ETFs as Market Sees Record Withdrawals appeared on BitcoinEthereumNews.com. On Thursday, Bitcoin exchange-traded funds (ETFs

Challenging Times for Bitcoin ETFs as Market Sees Record Withdrawals

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On Thursday, Bitcoin exchange-traded funds (ETFs) in the US witnessed a considerable rise in withdrawals, reaching $171 million in one day—the largest exit in three weeks. The downturn came as Bitcoin’s price fell below $70,000, injecting volatility into digital asset markets amidst increasing geopolitical tensions in the Middle East.

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Source: https://en.bitcoinhaber.net/challenging-times-for-bitcoin-etfs-as-market-sees-record-withdrawals

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