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Bitcoin Traders May Be Lining Up to 'Sell the News' on ETF Approval

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decrypt.co/211108/bitcoin-traders-sell-news-etf-approval

The launch of a highly anticipated spot Bitcoin exchange-traded fund (ETF) next year could lead to the price of the cryptocurrency to drop, a new report suggests.
Blockchain data firm CryptoQuant said in a report Thursday that the approval of the investment vehicle could be a “sell the news” event as investors are currently sitting on big gains in the run up to the potential…

This story from decrypt.co was posted on 2023-12-28 by @daydreamr.

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