US DOMINATES #BITCOIN TRADING: A Link to Spot ETFs?

Bitcoin's trading during US market hours (1 PM - 8 PM EST) has hit a record high in 2024!🚀 This surge, accounting for 46% of total trading volume by April, could be connected to the launch of spot #BITCOINETF in January.🤯

The close alignment between ETF valuation times and US market hours might be fueling price discovery and arbitrage activity.

What are Your Thoughts on this❓