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Slowdown in outflows after a difficult week

Slowdown in outflows after a difficult week


10h35 â–ª
4
min read â–ª by
Mikaia A.

Summarize this article with:

Crypto ETFs took on water for several days without interruption. Many believed in an announced shipwreck on digital markets. Outflows were piling up and capital was abruptly changing course. However, the storm now seems to be moving away from dangerous shores. Lifesaving buoys are quietly emerging in this tumultuous crossing. They often fall at the best moment for the crews still on board.

Bitcoin teeters on the brink of collapse, while powerful investors are propping it up, reassuring a market that remains anxious.Bitcoin teeters on the brink of collapse, while powerful investors are propping it up, reassuring a market that remains anxious.

In brief

  • Bitcoin ETF outflows slowed to $19 million on June 11.

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