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Maryama 🎩 🎭
@maryama
Over the past week, the price of Bitcoin (BTC) has fallen by about 10%, which is not surprising given the significant outflow of capital from US-based Bitcoin ETFs. Ethereum (ETH) has been worse on a weekly basis and Ethereum ETFs are still struggling to attract investors. Bitcoin ETFs started a negative trend on Tuesday after 12 days of capital inflows. In total, $277.2 million was withdrawn from these funds over five days, sending the price of Bitcoin down from a peak of $65,000 to around $58,000. Ethereum ETFs have also faced a lack of reception and have seen capital outflows in 11 out of 14 trading days.
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Mahdi 🐹🎭
@blackdragon
That's a useful cast and helps me a lot 22 $DEGEN
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