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
James Butterfill, the research director at CoinShares, posted on platform X saying: Despite the net outflow of Bitcoin and digital asset ETP/ETFs reaching a record high of $2.6 billion this week, it appears that most basis trades have been squared off and the selling frenzy is subsiding.
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.
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