According to Blockware BTC analyst Mitchell Escave, Bitcoin (BTC) will no longer experience the “permanent” value resorts or “destructive” bear markets, as the BTC Exchange-Treaded Fund (ETF) has permanently reduced Valility and Altred Market Dynamics.
“BTC/USD looks like two completely different assets before and after ETF,” Eleest wrote on Friday. The chart he shared showed a sharp decrease in prime voltality after the launch of Bitcoin ETF in the United States of January 2024 in the United States. The analyst said:
“The days of the emergency bull markets and the destructive bear markets are over. It will bore everyone for death along the way and will bring tourists out of its positions.”
Senior Bloomberg ETF analyst Eric Balchunas wrote that low voltality has “attracted Bitcoin” even big fish and has given it an opportunity to adopt it as a currency. ” The tradeoff for this is that no one else will be like “God candidates”, which speculation said.
The influences of bitcoin ETFs on market dynamics continue to debate by market analysts, as the investment vehicle firstwin in traditional finance, institutional investors, digital asset markets.
Connected: Robert Kyosaki warns the risk made by BTC, Gold and Silver ETF
Bitcoin ETF Crypto is changing market dynamics
Bitcoin ETF is the CCW Capital in traditional investment vehicles that currently lack in-in-the-off redemption and place the fund of-chain.
Away from capital, it can prevent stewing rotation in altcoins, which Crypto investors have come to expect from previous market cycles.
https://www.youtube.com/watch?v=2sonoeg6WC8
In July, the net flow in bitcoin ETFs crossed the $ 50 billion mark, thinking of capital in bitcoin that the ochen has not been translated to an increase in activity.
Retail investors are shifted to bitcoin ETFs and an exposure is obtained through traditional financial instrument from a fund manager or any other Fidusiri Onir, rather than placing BTCC straight, rather than analsts.
The demand for products such as Paper BTC and Blokrock’s bitcoin ETF has inspired the asset manager to accumulate 3% of the total supply of bitcoin, which has increased concerns about centralization between some market participants.
magazine: Bitcoin Og Willie Wu sold most of his bitcoin: why is it here