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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
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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