Bitcoin, Ethereum ETFs Drew $1.9 Billion in Assets Last Week Amid Rate Cut Optimism 📉
Bitcoin and Ethereum ETFs attracted a significant $1.9 billion in assets last week, fueled by investor optimism over a potential rate cut by the Federal Reserve.
However, the funds faced a stark reality on Monday as $1.7 billion in liquidations occurred, highlighting the volatility and risk associated with these assets.
This situation underscores the precarious balance between market optimism and the inherent risks in the cryptocurrency space.
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