CoinShares says ‘true correction’ underway after $544 million outflow from spot Bitcoin ETFs last week

CoinShares says ‘true correction’ underway after $544 million outflow from spot Bitcoin ETFs last week

full version at theblock.co

The Bitcoin ETF outflows were “a reaction to the pessimism amongst investors for interest rate cuts by the FED this year,” a CoinShares analyst said.

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