
US Bitcoin reserve prompts $370 million in ETF outflows: Farside
Bitcoin exchange-traded funds (ETFs) saw nearly $370 million worth of net outflows on March 7 as investors reacted to President Donald Trump’s plan for a US strategic Bitcoin reserve, according to data from Farside Investors. The outflows indicate institutional investors are wary of Bitcoin (BTC) exposure after Trump’s March 6 executive order — which created…