Institutional Investors Offload $714M in Bitcoin ETFs Amid Mt. Gox Repayments and Miner Struggles

Institutional investors have been significantly reducing their positions in U.S. spot Bitcoin ETFs over the past several days. Bitcoin ETFs experienced net outflows of $714 million in the last five trading sessions, according to the data analytics platform SoSovalue. “Bitcoin miners remain significantly underpaid as prices fall and transaction fees decrease,” stated Julio Moreno, Head

Source: CoinOtag