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Opinion: Once ETF trading volume exceeds CEX, the impact of large institutions on BTC prices will be more obvious than currently

Opinion: Once ETF trading volume exceeds CEX, the impact of large institutions on BTC prices will be more obvious than currently

CointimeCointime2024/02/04 01:39
By:Cointime

According to Garry Thewise, the head of on-chain data products at CryptoQuant, in a post on X platform, ETF trading volume has already taken a considerable share compared to CEX. Once ETF trading volume surpasses CEX, the impact of large institutions on BTC prices will be more pronounced than it is currently.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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