CoinShares Executive: Bitcoin and digital asset ETP/ETF's weekly net outflows have reached a new high, but the selling wave seems to be receding
Bitget2025/02/28 10:57
ChainCatcher reports, CoinShares Research Director James Butterfill posted on X platform saying: "Despite the net outflow of Bitcoin and digital asset ETP/ETFs reaching $2.6 billion this week (a historical high), it appears that most basis trades have been closed, and the selling frenzy is subsiding."
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!
You may also like
Trending news
MoreCrypto prices
MoreBitcoin
BTC
$91,065.3
-1.46%
Ethereum
ETH
$3,008.2
-2.16%
Tether USDt
USDT
$1
+0.03%
XRP
XRP
$2.22
-1.75%
BNB
BNB
$881.15
-2.36%
Solana
SOL
$137.55
-2.89%
USDC
USDC
$1
+0.01%
TRON
TRX
$0.2815
+0.42%
Dogecoin
DOGE
$0.1496
-2.59%
Cardano
ADA
$0.4203
-2.70%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now