With a slight tilt in Bitcoin ETF trading, Nate Geraci, the president of The ETF Store, said that the performance of the exchange traded funds is directly related to the performance of the asset. This implies that since BTC prices have been directing the performance of Bitcoin ETFs any price change will directly reflect on the ETF inflow or outflow.
Bitcoin ETF Still New in Adoption
Nate Geraci says that Bitcoin ETF products are early in adoption. Once the adoption starts picking pace, the trading volume will also surge accordingly. He adds that that the flows in any ETF will not always be a straight line and Bitcoin ETF is no exception. There will be days with outflows as well.
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Bitcoin ETF Lag Trading Performance
Spot BTC ETFs in the United States continue to underperform; on the week’s final trading day, there was…
