“Bitcoin remains volatile with the drawdown of 10% we saw this week, with the recent catalyst being driven by spot bitcoin ETF outflows from GBTC of about 300mm on March 20,” Semir Gabeljic, Director of Capital Formation at Pythagoras Investments, said in an email interview.
Related posts
-
Spot Bitcoin ETF Options are Here — And They Matter
With spot Bitcoin ETF options live, could we be witnessing the most key milestone for institutional... -
Nexbridge Brings US Treasuries to Bitcoin Blockchain With USTBL Offering
Nexbridge, a digital asset issuer, has introduced USTBL—a regulated gateway for investors to tap into U.S.... -
Ethereum ETFs Falter With $39M Losses as Bitcoin ETFs Steal the Show
On Monday., Nov. 18, spot bitcoin exchange-traded funds (ETFs) had an impressive showing, attracting $254.82 million...