Bitcoin ETFs Lose $645M This Week as Wall Street Pulls Back Before Powell’s Speech
Simply put Bitcoin ETF experienced a $645 million decline over just two days, with a significant redemption from Fidelity’s FBTC on Tuesday amounting to $246.9 million. Analysts suspected that the outflows were timed with investors potentially re-evaluating their positions ahead of Federal Reserve Chair Powell’s upcoming speech at Jackson Hole. This sell-off reversed the previous […]