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ProShares’ bitcoin futures ETF accounted for substantial flows in lead-up to potential spot fund approval

BTC’s price briefly plunged below $42K, XRP was predicted to flourish in the near future, whereas SHIB gained popularity in India.

The total crypto market bled out yesterday and the landscape is not that much better now.

Quick Take Digital asset investment products recorded $2.2 billion of inflows last year, according to CoinShares. The inflows were 2.7 times greater than those seen in 2022 — the third-largest year on record.


The big Bitcoin crash was primarily the result of rumors regarding a possible SEC rejection of spot Bitcoin ETFs, however, analysts remain confident.



