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Q&A details
Will the accumulation of Bitcoin ETF holdings disturb on-chain funds?
benmo.eth
09-25 18:54
Answer
Bitcoin spot ETF bought a total of US$2.3 billion on Thursday, with a net inflow of US$190 million yesterday. Regarding the accumulation of Bitcoin ETF holdings, the market may re-evaluate related expectations. The accumulation of Bitcoin ETF holdings will affect institutional allocation expectations, spot demand and the market's judgment on the ETF's funding. Do you think we should pay more attention to the implementation changes or the funding response in the future?
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