A closer look at “Bitcoin’s calm price action is a trap: The steady ETF bid that supported it has already di”, exactly as the source publishes it. Spot Bitcoin ETFs gave the market a clean, daily scoreboard: a green print meant fresh cash crossing the boundary from traditional brokerage accounts into... Spot Bitcoin ETFs gave the market a clean, daily scoreboard: a green print meant fresh cash crossing the boundary from traditional brokerage accounts into Bitcoin exposure, and a red print meant the opposite. For much of the first year of spot ETFs in the US, that scoreboard tracked sentiment and se
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