Bitcoin drops $60B from market cap as investors shuffle funds into ETFs
Despite over $10 billion in trading volume and SEC approval of 11 bitcoin ETFs, bitcoin itself has lost tens of billions of dollars.
Despite over $10 billion in trading volume and SEC approval of 11 bitcoin ETFs, bitcoin itself has lost tens of billions of dollars.
Following a fuel leak and solar panel issues, the Peregrine craft will not only fail to land on the moon, it’s hurtling back to Earth.
Silbert is under fire after $580 million in outflows from Grayscale’s Bitcoin Trust (GBTC) last week was blamed for a dip in bitcoin’s price.
In two days of trading last week, the new SEC-approved spot bitcoin ETFs attracted approximately $819 million of net new cash inflows.
Many cryptocurrency stocks fell following approval of the new spot-based bitcoin ETFs in the US, including MicroStrategy and Coinbase.