📈💡 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.
🔍 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!
🏦 Bitcoin remains the best bet against debasement, outperforming gold and the NASDAQ with a 44-fold increase in value over the last decade.
🤔 What do you think? Can Bitcoin grow without the Spot Bitcoin ETFs? Let's chat in the comments! #Bitcoin #ETFs #DeFi