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BITO’s outflows have exceeded $180 million

BITO’s outflows have exceeded $180 million

CointimeCointime2024/01/22 00:03
By:Cointime

Bitcoin News stated on social media that the outflow of funds from BITO has exceeded $180 million since the launch of Bitcoin spot ETF. David Duong, Director of Institutional Research at Coinbase, said: "In any case, we believe that AP will continue to rely on long CME futures or long BITO when creating stocks."

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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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