Investor sentiment for Bitcoin ETFs cools as Fidelity sees first outflows
BlackRock see back-to-back zero flows as Fidelity’s FBTC records first outflow.
Follow crypto ETF news, approvals, inflows, issuers, and market reactions across spot Bitcoin, Ethereum, and digital asset funds.
Hougan also reaffirmed previous price predictions and said Bitcoin is still on track to hit $250,000 in the coming years.
The SEC is expected to reach a decision on Ethereum ETFs in May.
Jamie Dimon once again expressed doubts about Bitcoin's utility and legitimacy as a form of money during an interview.
Bloomberg analysts revised previous projections, which expected roughly $500 million in inflows during a similar period.
The report predicts that reserves could be entirely depleted within the next nine months if current withdrawal rates persist.
The reported ETF approvals further propel Hong Kong into crypto leadership in Asia.