Purpose Bitcoin ETF holdings hit a record high

06/02 04:18

According to Cointegraph, although Bitcoin fell to $23,800 in the price adjustment in May, institutional investors seem unwilling to lose confidence in this cryptocurrency. Purpose Bitcoin ETF was launched in February, 2021. There has been continuous capital inflow in the past five trading days. According to Glassnode data reported by Jan Wustenfeld, as of Tuesday, the fund's position had increased to 43701.7 BTC. This is the highest level ever.
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