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CryptoQuant: Once the ETF trading volume surpasses that of CEX, the impact of large institutions on the price of BTC in USD will be more pronounced than it is currently

CryptoQuant: Once the ETF trading volume surpasses that of CEX, the impact of large institutions on the price of BTC in USD will be more pronounced than it is currently

2024/02/04 01:14

Garry Thewise, the product manager of CryptoQuant's on-chain data, stated on social media that compared to CEX, ETF trading volume has already taken up a considerable share. Once the ETF trading volume surpasses CEX, the impact of large institutions on the price of BTC in USD will be even more apparent 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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