Cathie Wood Says Institutions Are Buying Bitcoin While Weak Holders Exit the Market

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The post Cathie Wood Says Institutions Are Buying Bitcoin While Weak Holders Exit the Market appeared first on Coinpedia Fintech News

Ark Investment CEO Cathie Wood says the recent Bitcoin market dip has opened up a bullish opportunity for institutional investors, as large investors are increasingly treating Bitcoin selloffs as accumulation phases rather than reasons to panic.   On the flipside, the spot Bitcoin ETF is seeing six days of continuous outflow, taking $1.55 billion out of …