1 day ago
Bitcoin ETF Demand Grows as Crypto-Native Activity Slows, CryptoQuant CEO Says
Bitcoinaltcoin marketBitcoin Dominancebitcoin etfCrypto Market Structurecryptoquantinstitutional BitcoinKi Young JuTradFi crypto
TLDR: CryptoQuant CEO Ki Young Ju says TradFi ETF demand is bullish for Bitcoin but crypto-native buying has slowed down. U.S. spot Bitcoin ETF approvals in 2024 brought institutional capital into BTC through retirement and brokerage accounts. Exchange BTC reserves have declined as ETF holdings rise, pointing to long-term institutional accumulation of Bitcoin. Altcoins remain [...]
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Source: Blockonomi →Related News
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