Canada S Institutional Etf Investors Remain Bullish On Bitcoin Data Shows
The chart reflects the performance of the Purpose Bitcoin ETF, which was launched in February 2021 following the approval of Canada’s regulators. It shows that for the past two weeks, Bitcoin ETF investors are accumulating shares, indicating that there is still demand for the flagship crypto. Dip not scaring off investors Bitcoin was hitting record highs this year before it plummeted following billionaire Elon Musk’s comment that mining BTC is bad for the environment and the Chinese government’s crackdown on crypto farms....