BUSINESSCOINDESK
First U.S. spot bitcoin ETF to close as inflows dwindle, investors chase AI returns
The first U.S. spot bitcoin ETF is set to close as inflows decline, with investors redirecting funds toward AI-related returns. The ETF's shutdown reflects shifting market priorities away from cryptocurrency investments.
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Adjacent reporting
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- Spot Bitcoin ETFs Lose $1B in a Week, Ending Six-Week Inflow Streak
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- Bitcoin's biggest ETF selloff yet hits $3.4 billion as AI stocks keep climbing
- ‘Institutional bid hasn’t disappeared’: Analysts say bitcoin cooldown, spot ETF outflows signal rotation, not exit
- Spot bitcoin ETFs extend negative streak, following $2.4 billion monthly outflows in May