Bitcoin ETFs Trigger Massive Miner Outflows, Over $1 Billion Moved to Exchanges

Bitcoin ETFs Trigger Massive Miner Outflows, Over $1 Billion Moved to Exchanges

Last updated: February 5, 2024 22:03 EST | 2 min read Source: Dalle-3Bitcoin miners reportedly sell their asset reserves or leverage them to upgrade their capacity as inflows to cryptocurrency exchanges continue. A new report from Bitfinex Alpha Market shows Bitcoin ETF approvals by the United States Securities and Exchange Commission (SEC) impacted miners’ reserves. […]

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