Institutions are increasingly betting on bitcoin’s bullish moves and moving away from sophisticated ‘arbitrage’ bets.
Here is why $1.2 billion Bitcoin ETF inflow is a new bullish signal
Institutions are increasingly betting on bitcoin's bullish moves and moving away from sophisticated 'arbitrage' bets.
Shares:
Silver is higher by nearly 15% on Tuesday, while gold is nearing $5,000 per ounce after a 6.5% gain.
The shares are now available at a deep discount, the report said.
The move could increase competition for crypto-native exchanges and follows regulatory rollbacks in the U.S. after Trump took office.
The overall stablecoin market, including tokens pegged to currencies and commodities, crossed $230 billion rising for the 18th consecutive month, CoinDesk Data's report show.