Bitcoin ETFs shed $1.3B over 2 weeks amid market slump

Bitcoin ETFs have seen outflows of $1.3 Bitcoin in the last two weeks of trading, but analysts expect markets to rally higher in the coming months.

Jonathan de Wet, chief investment officer at digital asset trading firm ZeroCap told Cointelegraph that while “the bleed continues” across the wider crypto market — he expects the price of Bitcoin to fall to its “key support” level at around $57,000 in the coming weeks amid Mt. Gox creditor repayments.

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