Bitcoin ETFs sold through 7 of 8 crashes even as Wall Street makes BTC selloffs less violent
Bitcoin ETFs recorded outflows during seven of eight major selloffs, challenging expectations that Wall Street investors would support prices during downturns. A new DWF Labs report shared with CryptoSlate found that US spot Bitcoin exchange-traded funds consistently lost money during market declines of at least 15% since their January 2024 launch, while attracting inflows throughout… Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox
Key Takeaways
- Bitcoin ETFs recorded outflows during seven of eight major selloffs, challenging expectations that Wall Street investors would support prices during downturns.
- A new DWF Labs report shared with CryptoSlate found that US spot Bitcoin exchange-traded funds consistently lost money during market declines of at least 15% since their January 2024 launch, while attracting inflows throughout… Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next.
- Get The Catalyst in your inbox
Summary generated by IndiCrypto from CryptoSlate. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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