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As the spot bitcoin exchange-traded fund hype died down alongside the price of the cryptocurrency, the new U.S. ETFs saw $343.5 million worth of net outflows in April, ending their three-month inflow streak. The ETFs had been on an impressive run of inflows, attracting $1.5 billion, $6 billion and $4.6 billion of demand in January, February and March, ...
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Bitcoin held near two-month lows at the May 1 Wall Street open as risk assets braced themselves for the next United States macro move. Data from Cointelegraph Markets Pro and TradingView followed skittish BTC price action hours after new lows of $56,500 on Bitstamp. Traders remained on edge across risk assets ahead of the Federal Reserve’s next interest ...