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World's first Bitcoin ETF adds $3M per day throughout BTC price dip

Published 06/25/2021, 04:32 AM
Updated 06/25/2021, 07:00 AM
World's first Bitcoin ETF adds $3M per day throughout BTC price dip

The world’s first regulated Bitcoin (BTC) exchange-traded fund (ETF) actually benefited from the recent price dip, data shows.

As on-chain analytics service Glassnode noted on June 24, the Purpose Bitcoin ETF continued to add to its assets under management throughout the second half of May.

Purpose ETF BTC holdings vs. BTC/USD chart. Source: Glassnode/ Twitter

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