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Citi Says Crypto’s Weakness Stems From Slowing ETF Flows and Fading Risk Appetite
花旗花旗(US:C) Yahoo Finance·2025-11-05 23:03

Wall Street bank Citi (C) said the latest bout of crypto market weakness comes despite buoyant equity performance, with October’s sharp liquidations leaving a dent in investor confidence. The Oct. 10 sell-off curtailed risk-taking not only among leveraged crypto traders but also among newer spot exchange-traded fund (ETF) investors, who have since pulled back, analysts Alex Saunders and Nathaniel Rupert wrote in a Tuesday report. Flows into U.S. spot bitcoin (BTC) ETFs have slowed sharply in recent weeks ...