EddieJayonCrypto
19 Feb 24
The spot Bitcoin ETF market is experiencing substantial outflows, totaling $7 billion, as lower-fee Bitcoin ETFs emerge and alternative options become more attractive to investors. The outflows from GBTC can be attributed to fee reductions by other ETFs and the closure of arbitrage trades. Spot Bitc...
The spot Bitcoin ETF market is experiencing substantial outflows, totaling $7 billion, as lower-fee Bitcoin ETFs emerge and alternative options become more attractive to investors. The outflows from GBTC can be attributed to fee reductions by other ETFs and the closure of arbitrage trades.
Spot Bitcoin ETFs show a preference for short-term speculative trading over long-term investment, with potential risks including sudden and steep declines and lack of in-kind redemptions.
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