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Bitwise CEO Comments On BTC Selling Pressure Amid Bitcoin ETFs Milestone

source-logo  coingape.com 26 October 2024 23:00, UTC

Bitwise CEO Hunter Horsley has defended the Spot Bitcoin ETFs following criticism that these funds are responsible for the BTC selling pressure that has caused the flagship crypto to stay below its current all-time high (ATH). This comes amid the Bitcoin ETFs closing in on Satoshi Nakamoto’s 1.1 million BTC holdings after witnessing three consecutive weeks of inflows.

coingape.com