Bitcoin ETF Hype Fades As IBIT Slumps Below Key Averages — Did Investors 'Bet On The Wrong Horse'?

The iShares Bitcoin Trust ETF (NASDAQ:IBIT) is struggling to maintain momentum after a strong start to 2024. While the ETF is up 22.08% year-to-date, it's down a troubling 20.94% over the last six months. source: https://www.benzinga.com/markets/cryptocurrency/24/09/40796451/bitcoin-etf-hype-fades-as-ibit-slumps-below-key-averages-did-investors-bet-on-the-wrong-ho?utm_source=cryptopanic.com&utm_campaign=partner_feed&utm_medium=partner_feed&utm_content=site