Bitcoin ETF demand turns negative after BTC halving

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Odaily Odaily News: The 11 spot Bitcoin ETFs approved by US regulators in January managed a total of more than $13 billion in inflows within a few months of their launch, and it took gold ETFs several years to accomplish the same feat. However, after Bitcoin ETFs saw net positive inflows for several consecutive weeks, demand for the product appears to be slowing. By the third week of April, ETF demand had slowed to consecutive days of net outflows. After the BTC block reward was halved, ETF inflows have turned negative.

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