Bitcoin ETFs are no bigger today than when Trump won the election
Hex37's read
- Bitcoin ETF net assets are at levels seen after Trump's election win.
- This indicates a potential stagnation or outflow in Bitcoin ETF holdings.
- The timeframe referenced is early November 2024.
What it means for traders
- Observe BTCUSDT for potential price consolidation or downward pressure.
- Consider if this trend signals broader market sentiment towards BTC.
Affected markets
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