On the same day, the exchange-traded fund (ETF) market witnessed notable movements. Grayscale, a leading cryptocurrency investment firm, experienced significant outflows, with more than 14,000 BTC leaving its holdings. Conversely, Fidelity, another major investment firm, reported inflows exceeding 5,000 BTC.
Mow’s optimism extends to an ambitious price target for Bitcoin, suggesting that it could eventually soar to $1 million. This bold statement comes without a set timeframe, but it underscores a strong belief in Bitcoin’s growth trajectory amidst the current market fluctuations.
The contrasting ETF activities of Grayscale and Fidelity highlight the ongoing adjustments and differing strategies among investors in the cryptocurrency space.
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Source: Cryptocurrency - investing.com
