Bloomberg ETF Analyst: Bitcoin Spot ETF Records Net Inflow of 1.1 Billion RMB, Anticipates Easing Sell-off Caused by GBTC within Two Weeks
Bloomberg ETF Analyst: Bitcoin Spot ETF Records Net Inflow of 1.1 Billion RMB, Anticipates Easing Sell-off Caused by GBTC within Two Weeks
It is worth noting that while the price of Bitcoin is declining, the open interest (OI) of Bitcoin futures contracts on the Chicago Mercantile Exchange (CME) has suddenly decreased significantly, indicating a waning interest from institutional investors in leveraged exposure to Bitcoin. According to CoinGlass data, CME’s open interest has dropped from nearly $6.4 billion, which was close to its all-time high on January 12th, to approximately $4.5 billion.
Successful Conclusion of CoinEx Taiwan’s 7th Anniversary Celebration, Embracing the Arrival of the Web3 Era Hand in Hand with Users
Since its establishment in 2017, CoinEx has been a professional cryptocurrency trading pla…