Bitcoin has experienced a nearly 20% decline since the introduction of the first exchange-traded funds (ETFs) directly investing in the token on January 11. On the day the ETFs, offered by entities like BlackRock Inc. and Fidelity Investments, were launched, the digital asset surged to $49,021. However, earlier today, Bitcoin was trading at $39,718, marking The post BTC Price Drops Over 20% Under $40,000 After Bitcoin ETF Approval appeared first on CoinGape .
