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Spot Bitcoin ETFs Rake In $654 Million In 3 Days, But Why Is BTC Price Struggling?
- summy Morphe
- July 16, 2024
- Press release
- Bitcoin, Bitcoin ETF, Bitcoin ETFs, BTC, ETF, ETFS, ETFSwap, Spot Bitcoin ETF, Spot Bitcoin ETFs
- 0 Comments
The price of Bitcoin (BTC) has continued to remain on a downward trend despite recent inflows of over $654 million into Spot Bitcoin ETFs in just three days. While the new inflows have not had any noticeable impact on BTC, ETFSwap (ETFS), a decentralized platform, has benefited immensely from the influx of capital into Spot Bitcoin ETFs, witnessing increased demand …
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