đșBitcoin Wallet Activity Dips Despite ETF Approvalsđș
âš The cryptocurrency market is witnessing a downturn in Bitcoin wallet activity, even after the Securities and Exchange Commission's (SEC) recent approval of 11 spot Bitcoin exchange-traded funds (ETFs)
đ„ Data from Santiment a blockchain analytics firm, shows a continued decline in the number of Bitcoin wallets holding more than zero coins, nearly four weeks following the landmark ETF approvals
đȘ This trend points towards growing fear, uncertainty, and doubt (FUD) among investors, along with a shift in interest towards alternative investment options, away from direct Bitcoin ownership.
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