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 Bitcoin ETF demand hits 6-month high while futures volumes remain ‘subdued’ Cointelegraph 25 paź 2024

Bitcoin ETF demand hits 6-month high while futures volumes remain ‘subdued’ 📈

Spot Bitcoin ETF demand has recently surged, reaching a six-month high. This trend indicates a growing interest in these financial products, which track Bitcoin's price without needing to own the cryptocurrency directly.

Despite the rising demand for Bitcoin ETFs, futures contract volumes have not followed the same trend and remain "somewhat subdued." This lack of activity in the futures market is cited as a potential factor constraining Bitcoin's overall price movement.

The contrast between ETF demand and futures activity highlights differing investor preferences or strategies in uncertain market conditions.

Źródło: cointelegraph.com ↗

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