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coinpedia 2024-01-12 06:02:59

Traders Exit Bitcoin Wallets in Favor of ETF Exposure; Will This Impact the Crypto Space?

The post Traders Exit Bitcoin Wallets in Favor of ETF Exposure; Will This Impact the Crypto Space? appeared first on Coinpedia Fintech News No sooner than the SEC approved all the Spot Bitcoin ETF applications, the trading volume shot up to $4 billion. Some institutions prevented their customers from buying the ETFs, which marginally impacted the BTC price, which plummeted below $46,000 for a while. Currently, the Bitcoin price continues to hold above $46,000, withstanding the bearish pressure. …

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