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Splashy Canadian Bitcoin ETF Sees Inflows Slow as Price Drops

The fast-growing Purpose Bitcoin ETF was projected to hit $1 billion by the end of this week, but as of Friday the assets were less than $700 million.

Purpose Bitcoin ETF's holdings have soared since the vehicle launched, but the flows have slowed in the past few days as bitcoin prices fell.
Purpose Bitcoin ETF's holdings have soared since the vehicle launched, but the flows have slowed in the past few days as bitcoin prices fell.