Bitcoin ETFs hold billions after price crash, but resilience hides harsh reality
Bitcoin exchange-traded funds (ETFs) continue to hold billions in assets despite bitcoin’s brutal price crash, but that persistence isn’t necessarily the bullish signal many have come to believe. According to one analyst, the resistance comes from market makers and arbitrageurs trading in and out rather than hard-line long-term holders betting on price growth. Bitcoins BTC$67,924.46 […]
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