Bitcoin ETF buyers are trend followers, not setters, DWF Labs says
US spot Bitcoin exchange-traded fund (ETF) daily flows aren’t reliable guides to BTC’s next move as investors tend to chase rallies and sell into slumps, according to DWF Labs.In a research report published Thursday, DWF found that investors pulled money from the funds during seven of the eight tim…
US spot Bitcoin exchange-traded fund (ETF) daily flows aren’t reliable guides to BTC’s next move as investors tend to chase rallies and sell into slumps, according to DWF Labs.In a research report published Thursday, DWF found that investors pulled money from the funds during seven of the eight tim…
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