Weekly Roundup 01/12/24 (BTC ETFs launch, more ETF, even more ETF) (EP.498)
On The Brink with Castle Island
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Bitcoin ETF Approval and Market Impact
This chapter delves into the approval of spot Bitcoin ETFs by the SEC, mentioning the issuers greenlit and the market's flatness. It discusses the impact of the recent launch of Bitcoin ETFs on the price of Bitcoin, front running flows, and the accessibility and potential survival of these products. The discussion also touches on the influence of GBTC on the Bitcoin price.
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