Amount of Bitcoin in Global Crypto Funds Falling Amid Crypto Crash: Report

Amount of Bitcoin in Global Crypto Funds Falling Amid Crypto Crash: Report

“New data from ByteTree Asset Management shows the amount of Bitcoin held by global crypto funds has sharply fallen following the market collapse in May. According to the blockchain analytics firm, the Bitcoin holdings of European and Canadian exchange-traded funds (ETFs) and US and Canadian closed-ended funds have declined by 28,785 BTC in the last
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Source: The Daily Hodl

Hedge or no hedge: investors’ debate over Bitcoin and gold continues

“As the American economy grapples with labor and supply shortages, the country’s central bank declared that “the risks of higher inflation have moved up.” And once again, the question of cryptocurrencies such as Bitcoin providing investors with a hedge against rising inflation is up for debate. Speaking at a recent