Horizon's Bitcoin ETFs in Canada struggled to fill orders from investors due to the rapid market sell-off.
It’s been a bloody week for Bitcoin. The largest cryptocurrency by market cap is down 27.5% this week—with Elon Musk, China regulatory matters and panic selling all contributing to the market crash. Bitcoin was trading at $35,871 at the time of writing.
And cryptocurrency exchange-traded funds (ETFs) in Canada are on high-alert, according to reports. The Financial Times today reported that Bitcoin ETFs issued “market disruption” warnings to caution their investors.
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