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Bitcoin ETF Shutdown Signals Deepening Crypto Winter as Outflows Surge

CryptoProwl Read original source (opens in a new tab)
The Story

News Summary

  • Hashdex is closing its $14.7M spot Bitcoin ETF citing liquidity and cost concerns, the first such US fund to shut down.
  • Bitcoin ETFs have seen consecutive months of outflows exceeding $4B, while BTC price has halved from its October high amid a prolonged crypto winter.
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BTCUSD price history

77632.60 +17.84% over the displayed period

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