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US Bitcoin ETFs Shed $5.5 Billion in Longest Run of Outflows

(Bloomberg) -- US Bitcoin exchange-traded funds recorded their longest run of weekly net outflows since listing in January last year as US President Donald Trump’s tariffs drove a wider retreat from riskier assets. Most Read from BloombergICE Eyes Massive California Tent Facility Amid Space ConstraintsHow Britain’s Most Bike-Friendly New Town Got BuiltWashington, DC, Region Braces for ‘Devastating’ Cuts from CongressThe Dark Prophet of Car-Clogged CitiesSaving the Signature Sound of Washington,

Where Will Bitcoin Be in 10 Years?

While this is a respectable gain, Bitcoin (CRYPTO: BTC) has fared much better. Despite a volatile journey that has seen multiple price dips, like the one we are currently witnessing, the leading digital asset has been a fantastic wealth generator for investors. Bitcoin has had a long journey to get it to its current position as a $1.6 trillion asset.