Bitcoin Price Holds $78K as ETF Outflows Slow to $116M
U.S. bitcoin ETFs lost $115.56 million on Tuesday, extending their outflow streak to three sessions but showing a sharp slowdown from the heavy selling seen Friday and Monday. Bitwise, Fidelity Add Cash as Blackrock Sheds $95M The pressure on bitcoin exchange-traded funds (ETFs) is still visible, though the pace is…
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Exchange-traded fund
An investment fund that holds a basket of assets, such as the shares in an index, and trades on a stock exchange like a single share.
ETFs offer low-cost, diversified investing and are a fast-growing way people save.
More about Exchange-traded fundBitcoin
The first and largest cryptocurrency, created in 2009, with a fixed maximum supply and no central issuer.
Its price swings and adoption by funds and companies make it a bellwether for the whole crypto market.
More about BitcoinMore in Bitcoin
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