Policy
Bitcoin ETFs Lose Over $635M In One Day Following Oil Price Spike
Bitcoin Magazine·October 23, 2026·1 min read
Bitcoin ETFs lost over $635 million in one day following an oil price spike. Investors had been buying bitcoin ETFs earlier in the week, but that changed on Thursday. The sudden reversal highlights how external macroeconomic factors, such as energy price shocks, can quickly shift sentiment in the digital asset investment space.
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