$1.82B pulled from spot Bitcoin and Ether ETFs amid metals rally
Market Intelligence Analysis
AI-PoweredInvestors withdrew $1.82 billion from spot Bitcoin and Ether ETFs, coinciding with a metals rally, and an analyst suggests that Bitcoin's 2023 and 2024 performance is still fresh in investors' minds, potentially impacting their asset allocation decisions.
Market impact analysis based on bearish sentiment with 80% confidence.
Article Context
ETF analyst Eric Balchunas said many people seem to be forgetting that Bitcoin “spanked everything so bad” in 2023 and 2024, while other asset classes “still haven’t caught up.”
Analysis and insights provided by AnalystMarkets AI.