Bitcoin concept stocks and cryptocurrency ETFs fell in early trading. As of press time, OSL Group (00863) fell 7.77% to HKD 5.58, while Bosera Bitcoin ETF (03008) fell 3.45%.
It is learned from the Zhixin Finance and Economics app that Bitcoin concept and cryptocurrency ETFs fell in early trading. As of press time, OSL Group (00863) fell 7.77% to HKD 5.58, and Bosera Bitcoin ETF (03008) fell 3.45%; Huaxia Bitcoin ETF (03042) fell 3.39%, and Jiashi Bitcoin ETF (03439) fell 3.38%.
On the news side, Bitcoin experienced its second largest single-week decline since 2024, losing the $60,000 level last night for the first time since May 3, with a 24-hour drop of more than 7%. Previously, the U.S. Bitcoin ETF had been hit by six consecutive days of net outflows. Analysts pointed out that in addition to the risk of increased supply, the deeper reason for Bitcoin's adjustment may be that investors are re-evaluating the attractiveness of cryptocurrencies relative to other investment products.