Published: 18 Apr 2024 › Updated: 18 Apr 2024
Bitcoin ETFs: How They’re Shaping the Cryptocurrency Landscape
According to recent on-chain data analysis by leading experts at Glassnode, Bitcoin ETFs are making their mark, comprising between 30% and 50% of the Bitcoin spot market. In the United States alone, these ETFs have witnessed a staggering $12.3 billion in net inflows since their launch just three months ago. But what does this mean for the wider cryptocurrency ecosystem?
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