In a series of conversations on X platform, Frank Makrides, an investor, questioned Bloomberg ETF analyst Eric Balchunas about why the price of Bitcoin (BTC) remained range bound despite record inflows into the spot BTC exchange-traded funds (ETFs). Eleven spot Bitcoin ETF applications were approved in the United States by the Securities and Exchange Commission The post Bitcoin ETFs Are Hot, But Prices Are Not: Here’s Why appeared first on Coin Edition .