As the price of Bitcoin pushes near its all-time high, several areas involving the crypto king, especially the Spot ETFs, are starting to turn remarkably green once again. With the Spot ETFs recording bullish closes, this renewed momentum is beginning to challenge the spot market trading.
Institutional Capital Flows Bolster Bitcoin Spot ETFs
The historic Bitcoin Spot Exchange-Traded Funds (ETFs) are returning to their bullish state as the market recovers. A recent research by Darkfost, a market expert and CryptoQuant author, shows that BTC spot ETFs are quickly gaining traction in the cryptocurrency investment market.
While gaining serious traction, the BTC spot ETFs appear to be challenging and heavily drawing attention away from direct spot market trading. Such devel