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Benzinga

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Chandrima Sanyal

$6 Billion Meltdown: The Crypto ETF Crash Wall Street Didn't See Coming

Bitcoin ETF Crypto IBIT SosoValue FBTC United States

Cryptocurrency.,Bitcoin,Coin,Down,Trend.,Investing,In,Virtual,Assets.,Investment

U.S. spot crypto-ETFs, particularly those loaded with Bitcoin (CRYPTO: BTC), are experiencing one of their largest drawdowns on record, with billions of dollars shaved from fund flows in just a few weeks.

IBIT is in the news this week. Track its prices here.

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