Bitcoin (BTC), the world’s largest cryptocurrency had a really tough 2022 as its value dropped by an enormous 75% from its all time excessive (ATH). However, studies are picturing a optimistic graph for the Bitcoin value as BTC future ETFs are regaining attraction.
According to a report by the Financial Times, 2022 noticed buyers entering into BTC futures ETFs regardless of a significant drop in Bitcoin value. It talked about that buyers added round $241 million of funds into 6 US bitcoin future ETFs in 2022.
However, nearly all of the funds (approx $198 million) got here in after June. This was marked as the start of the crypto “deep freeze” by Bitpay, a Bitcoin fee service supplier.
The publish Will Bitcoin Price Pumps Ahead As BTC future ETFs Regain Attraction appeared first on CoinGape.
