đŸ”„LATESTđŸ”„Uncertainty will take over the bitcoin market, says
There is concern about the impact of rising sovereign bond yields on financial assets.
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Important points:
✅ The recent launch of #ETF futures #Ethereum had a “lukewarm reception”.
✅ There are a large number of 'short' positions, from investors who expect further price falls.
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#exchange de #Bitcoin (BTC) and cryptocurrencies, Coinbase, presented a report in which it ensures that uncertainty will take over the digital asset market in the short term.
This statement is based on multiple factors. The first of these has to do with the recent launch of ether (ETH) futures exchange-traded funds (ETFs), which he believes had a “lukewarm reception” by the market.
The little enthusiasm generated by ETH futures ETFs was reflected in the low trading volume on its first day, compared to the similar bitcoin-based financial instrument launched in 2021. “The main pure ETH futures ETFs had a volume of less than 1.5 million dollars traded,” highlights the exchange.
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Source: CriptoNoticias