$900 Million Withdrawals Prompt Investor Caution

Sentiment surrounding Spot Bitcoin Exchange-Traded Funds (ETFs) was heavily impacted by one of the largest withdrawals in history, coming in at over $900 million within a day. The large withdrawals are attributable to major players in the market, such as Grayscale Bitcoin Trust (GBTC) and the newest member of the market in the lead, BlackRock …

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