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Bitcoin ETF Streak Snapped: $358M Flees in Single Day—Wall Street ’Risk Management’ at Work
Bitcoin ETF Streak Snapped: $358M Flees in Single Day—Wall Street ’Risk Management’ at Work
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After 10 straight days of bullish inflows, spot Bitcoin ETFs just got gut-punched. JPMorgan reports a $358 million exodus on Thursday—proof even crypto’s hottest trade isn’t immune to profit-taking (or institutional skittishness).
Was it macroeconomic jitters? Overleveraged whales bailing? Or just another case of hedge funds playing hot potato with retail money? Either way, the dip-buyers are licking their chops.
Funny how Wall Street’s ’diversification’ sermons vanish the second volatility rears its head. Next stop: the usual chorus of ’maturity’ and ’regulation’ demands from the same suits who just panic-sold.
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