Over time, the approval of crypto ETFs within the U.S. might characterize an analogous disruption in market construction because the one seen in gold. It might shift the narratives round BTC (retailer of worth) and ETH (crypto tech play) nearer to a conventional funding asset. In different phrases, ETF buyers could also be following completely different narratives and demand features (say, portfolio rebalancing or disposable revenue) to crypto native buyers, the identical approach as Asian central banks purchase gold for various causes than conventional buyers.
Bitcoin Struggles To Hold Key Support: Could $88,000 Be Next?
Bitcoin has struggled to reclaim the short-term holder Realized Value, a key on-chain stage. Right here’s the place the subsequent...
