Negative Net Flows for BTC ETFs Continue in the U.S. With the recent dip in the price of Bitcoin (BTC), investors in the United States are showing signs of caution as ETFs tracking the cryptocurrency continue to see negative net flows for the third week in a row. The decline in BTC ETFs comes as the cryptocurrency's price falls below the $60,000 mark, a price point that has been seen as a major psychological barrier for investors. This trend has led to many speculations and debates about the future of BTC and the potential impact on the overall crypto market. What are ETFs and How Do They Work? ETFs, or exchange-traded funds, are a type of investment vehicle that tracks the performance of an underlying asset, in this case, Bitcoin. These funds are traded on stock exchanges and allow investors to gain exposure to the cryptocurrency market without actually owning any BTC. ETFs have become increasingly popular among traditional investors looking to diversify their portfolios ...
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