CryptoQuant: Once the ETF trading volume surpasses that of CEX, the impact of large institutions on the price of BTC in USD will be more pronounced than it is currently
Garry Thewise, the product manager of CryptoQuant's on-chain data, stated on social media that compared to CEX, ETF trading volume has already taken up a considerable share. Once the ETF trading volume surpasses CEX, the impact of large institutions on the price of BTC in USD will be even more apparent than it is currently.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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