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U.S. Government Crypto Holdings Fall $16 Billion from Peak Amid Market Volatility

The U.S. government cryptocurrency holdings have dropped by $16 billion from their peak one year ago. This decline comes amid market volatility, with Bitcoin seeing a net outflow of 650 BTC in 24 hours and $3.35 million in BTC liquidations. Ethereum ETFs recorded their largest weekly net outflow since January. U.S. spot Bitcoin ETFs now hold over 2 million BTC, and BlackRock IBIT has surpassed 800,000 BTC.
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