Cryptocurrencies
Bitcoin Investors Begin to Ponder What’s Next After ETF Mania Cools
- Largest cryptocurrency fell for first time in three quarters
- Demand for ETFs have slowed from record inflows after debut
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As the second-quarter draws to a close, crypto investors are left wondering what’s next for Bitcoin after it retreated from the all-time highs registered during the height of the mania over exchange-traded funds.
The original cryptocurrency is down about 13% since March, a sharp contrast from the 67% and 57% surges seen, respectively, in the previous two quarters. Bitcoin, which reached a record $73,798 on March 14, is closing the quarter at around $61,000.