Bitcoin ETF sell-off is ‘purification’ of bull case, investor says

Bitcoin ETF investors have recorded sustained outflows this year, but EMJ Capital’s Eric Jackson argues a longer-term institutional buyer base could emerge.

Bitcoin (BTC) will see “purification” as a new wave of institutional money stays long BTC for decades, says EMJ Capital founder Eric Jackson.

Key points:

BTC has become a “high-beta tech position,” thanks to ETFs and institutional involvement.

Read more