đđĄ Bitcoin's growth seems to be tied to Spot Bitcoin ETFs, says a new Ecoinometrics report. These funds, which accumulated 200k BTC from Jan to mid-March, have stopped collecting coins, stalling Bitcoin's price surge.
đ Wondering why Bitcoin's stuck in the $60k range? The answer might be the ETFs' inactivity. But don't lose sight of the big picture!
đŠ Bitcoin remains the best bet against debasement, outperforming gold and the NASDAQ with a 44-fold increase in value over the last decade.
đ€ What do you think? Can Bitcoin grow without the Spot Bitcoin ETFs? Let's chat in the comments! #Bitcoin #ETFs #DeFi