Analysts: The inflow of funds into Bitcoin and Ethereum ETFs has significantly slowed since the election, as the market awaits new catalysts
ChainCatcher news, crypto analyst Miles Deutscher pointed out that since the election frenzy, the inflow of funds into Bitcoin and Ethereum ETFs has noticeably slowed down. As the market is forward-looking, most ETF buyers have already positioned themselves for the potential benefits that a Trump presidency could bring. With this demand being pre-absorbed, the market is now waiting for the next catalyst that could drive prices up.
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