Wall Street Veteran Tears Into Spot Bitcoin ETFs, Calls Them A “Giant Mistake”

Wall Street Veteran Tears Into Spot Bitcoin ETFs, Calls Them A “Giant Mistake”
фото показано с : zycrypto.com

2024-2-21 00:09

The Wall Street veteran highlighted the pitfalls of the shiny new products, stressing the potential effects spot market Bitcoin ETFs could have on the progress of the largest and oldest cryptocurrency.

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Retail investors dominate demand for spot Bitcoin ETFs – Binance Research

Retail investors are leading the charge in the adoption of spot Bitcoin exchange-traded funds (ETFs), accounting for 80% of the total demand, according to a Binance Research report. According to the report, Bitcoin ETFs have seen accelerated adoption since their debut, with cumulative holdings now reaching over 938,700 BTC — approximately $63.

2024-10-25 19:52