CoinInformerCoinInformer
categories.trading-investing

ETF flows, not Strategy's sale, remain key bitcoin driver: Citi - CoinDesk

.1 min read
ETF flows, not Strategy's sale, remain key bitcoin driver: Citi - CoinDesk

Citi analysts have stated that inflows into Bitcoin exchange-traded funds (ETFs) are the primary driver of Bitcoin's price movements, overshadowing the impact of recent sales by cryptocurrency investment firms. The report emphasizes that ETF activity plays a crucial role in shaping market dynamics rather than individual strategic decisions by firms.

Read the full story at Google News Crypto →


Source: Google News Crypto · Report an issue

You might also like

ETF flows, not Strategy's sale, remain key bitcoin driver: Citi - CoinDesk | CoinInformer