Bitcoin ETFs shed $1.2B in red week, but Schwab remains bullish
NegativeCryptocurrency

This week saw Bitcoin ETFs lose a staggering $1.22 billion as the price of Bitcoin fell, highlighting the volatility in the cryptocurrency market. Despite this downturn, Schwab remains optimistic, noting that its clients now hold 20% of all US crypto exchange-traded products. This situation is significant as it reflects both the challenges and the growing interest in cryptocurrency investments, indicating that while some investors are pulling back, others are still committed to the market.
— Curated by the World Pulse Now AI Editorial System