Markets · 1 min read
Bitcoin funds pulled in $3.7 billion over eight weeks
Big investors started buying again after four straight months of losing money. Those funds lost $6.4 billion between November and February.
U.S. spot Bitcoin funds pulled in $3.7 billion over the past eight weeks after losing $6.4 billion across four months of withdrawals, according to 24/7 Wall St. Big investors started buying during extreme fear in late February when Bitcoin hovered in the mid-$60,000s. BlackRock's IBIT, the biggest of the funds, took the hardest hits when investors pulled over $2.3 billion in November alone.
Reported and written by MYB News.
Figures as reported by 24/7 Wall St..
