Title: Jim Bianco Warns of Potential Risks in Bitcoin Market Due to Spot Bitcoin ETFs
Post by: Bitcoin on Feb 20, 2024, 06:25 pm
Post by: Bitcoin on Feb 20, 2024, 06:25 pm
Jim Bianco Warns of Potential Risks in Bitcoin Market Due to Spot Bitcoin ETFs
Jim Bianco has raised concerns over the potential for a new kind of volatility in the bitcoin market, spurred by the dominance of speculative traders in the recently approved spot bitcoin ETFs. This development, he warns, could lead to significant regulatory repercussions for the broader crypto industry. Spot Bitcoin ETFs Could Spell ‘Vol-Mageddon’ for Crypto, […]
Source: Jim Bianco Warns of Potential Risks in Bitcoin Market Due to Spot Bitcoin ETFs (https://news.bitcoin.com/jim-bianco-warns-of-potential-risks-in-bitcoin-market-due-to-spot-bitcoin-etfs/)
Jim Bianco has raised concerns over the potential for a new kind of volatility in the bitcoin market, spurred by the dominance of speculative traders in the recently approved spot bitcoin ETFs. This development, he warns, could lead to significant regulatory repercussions for the broader crypto industry. Spot Bitcoin ETFs Could Spell ‘Vol-Mageddon’ for Crypto, […]Source: Jim Bianco Warns of Potential Risks in Bitcoin Market Due to Spot Bitcoin ETFs (https://news.bitcoin.com/jim-bianco-warns-of-potential-risks-in-bitcoin-market-due-to-spot-bitcoin-etfs/)