While several big names have called the launch of the Bitcoin Exchange-Traded Fund (ETF) a flop, it is still too early to make such statements. Thomas Young, the managing partner at RUMJog Enterprises, has recently outlined a compelling case for Bitcoin’s significant upward trajectory by the end of the year, based on bullish projections of the influence of Bitcoin ETF inflows.
This analysis comes at a time when Grayscale’s GBTC outflows have considerably slowed down, resulting in consistent net inflows over the past five days, ranging from $14.8 million to $247 million.
Bitcoin ETF Trends
Bitcoin ETF shares experienced a broad rise recently, marking consecutive days of gains….
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