Bitcoin’s (BTC) Bullish Halving Narrative Might Have Been Dampened by Strong ETF Demand

Date:

Share post:



Bitcoin's (BTC) Bullish Halving Narrative Might Have Been Dampened by Strong ETF Demand

“If we look at demand generally since the ETFs have launched, it has created tremendous supply shock already,” said Brian Dixon, CEO of investment firm Off the Chain Capital. “Once the halving occurs, and that supply is further reduced, it’s only logical to think that the price will appreciate.”



Source link

Leave a reply

Please enter your comment!
Please enter your name here

Related articles

SEC Proposes Last-Resort Crypto Self-Custody for Advisers and Funds

Binance Faces EU Scrutiny; CFI Adds Seven-Day Gold Trading ...

Bitcoin Price at $85K as Bettors Eye $100K, ChatGPT Calls $94K

Key TakeawaysPolymarket traders still see plenty of room to run, giving bitcoin a 39% chance of touching...

Polymath And CineCity Explore Regulated Tokenized Film Investment Platform

TL;DR Polymath and Chicago-based CineCity Studios are exploring a platform for financing independent film through regulated digital securities. Polymath...

Investment Risk Assessment Calculator | WikiFinancePedia

For financial advisers and investors seeking to determine the level of risk associated with their portfolios and...