The cumulative volume is also significantly lower than the U.S.-based spot BTC ETFs’ first-day tally of $655 million. Nearly a dozen spot BTC ETFs began trading in the U.S. on January 11 and have pulled in nearly $12 billion in investor funds since then. Inflows, however, have recently slowed, stalling bitcoin’s uptrend.

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• Source: https://www.coindesk.com/markets/2024/04/30/bitcoin-slips-under-62k-as-hong-kong-etfs-disappoint/?utm_medium=referral&utm_source=rss&utm_campaign=headlines