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Bitcoin ETFs steady even as BTC slides sharply
Bitcoin ETFs remained stable despite a sharp fall in Bitcoin prices, while ICICI Prudential Mutual Fund reopened select international schemes with capped investments.
Bitcoin ETFs showed limited reaction even as Bitcoin prices slid nearly 40 percent, according to Bloomberg ETF analyst Eric Balchunas. The muted response suggests ETF investors are adopting a longer term view despite crypto volatility. Separately, ICICI Prudential Mutual Fund has resumed subscriptions in three international schemes, capping investments at ₹2 lakh per PAN to manage inflows while ensuring regulatory compliance.