#BitcoinETFsSee$412MNetOutflows
Shocking news! Wall Street’s battle-hardened kings have just pulled a net $412 million out of Bitcoin ETFs, with big brother BlackRock shouldering $403 million of that. Strangely, the Bitdeer miners are selling everything they mine, keeping their wallets at zero.
Are the whales sensing geopolitical trouble between the US and Iran? Or is it because BTC is tightly tracking the S&P 500, with a correlation of 0.8—the highest since 2020—so whenever the macroeconomy sneezes, crypto catches a cold?
What should traders do now? Buckle up and sit tight, or take the opportunity to create a new account and race alongside me via this link: https://www.binance.com/register?ref=VINHTOCDO (Code: VINHTOCDO).
This is not financial advice.
Click Trade below to support me:
$BTC
$SOL
$ONE
#CryptoNews #Bitcoin #Whales #MacroEconomy #VINHTOCDO #ETFs
Shocking news! Wall Street’s battle-hardened kings have just pulled a net $412 million out of Bitcoin ETFs, with big brother BlackRock shouldering $403 million of that. Strangely, the Bitdeer miners are selling everything they mine, keeping their wallets at zero.
Are the whales sensing geopolitical trouble between the US and Iran? Or is it because BTC is tightly tracking the S&P 500, with a correlation of 0.8—the highest since 2020—so whenever the macroeconomy sneezes, crypto catches a cold?
What should traders do now? Buckle up and sit tight, or take the opportunity to create a new account and race alongside me via this link: https://www.binance.com/register?ref=VINHTOCDO (Code: VINHTOCDO).
This is not financial advice.
Click Trade below to support me:
$BTC
$SOL
$ONE
#CryptoNews #Bitcoin #Whales #MacroEconomy #VINHTOCDO #ETFs
