US Bitcoin ETFs erase year-to-date gains as cumulative inflows drop to lowest value since January 2
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U.S.-based spot Bitcoin ETFs, after logging net outflows for most of February and March, have mostly reversed their year-to-date inflow gains, with the funds’ total net cumulative inflow value currently at its lowest level since January 2. The Bitcoin ETFs are struggling as asset managers race to launch ETFs that would allow investors to gain exposure to various altcoins, including AVAX, Polkadot, HBAR, and others.