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Bitcoin ETFs Hit a Pivot Amid Reports of New Buyer Surge

by Vivek Kumar
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Bitcoin ETFs Hit a 'Pivot' Amid Reports of New Buyer Surge

Bitcoin ETF investors contend with price dropping to their aggregate entry level, but a crypto executive claims new institutions are lining up.

Bitcoin (BTC) institutional investors face a test of “conviction” as exchange-traded fund (ETF) holdings tumble by $6 billion.

Key points:

  • Bitcoin ETF investors now face falling into aggregate loss on their holdings.

  • Net ETF holdings drop by over 8% versus all-time highs in a “psychological pivot” point.

  • New ETF buyers are on the horizon, a crypto industry…

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