Extra ‘compelled promoting’ forward? Function Bitcoin ETF holdings plunge by 51% in largest outflow ever
Canada’s Function ETF (BTCC) witnessed its Bitcoin (BTC) holdings slashed by half in simply at some point, suggesting an alarmingly waning shopping for sentiment among the many crypto’s most-experienced traders.
The fund’s holdings dropped from $47,818 BTC to 23,307 BTC between June 16 and 17, its lowest stage since October 2021. The 51% drop in BTC holding can be the largest each day outflow ever.
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