CryptoSlate

Bitcoin’s first institutional bear market is starting to take shape and draining liquidity

Bitcoin’s first institutional bear market is starting to take shape and draining liquidityWorldPing

In an institutional bear market, a Bitcoin ETF redemption is almost aggressively boring. An investor sells shares, an authorized participant returns a large block to the trust, and the fund either pays cash or transfers BTC.

This is a short WorldPing brief. The full report was published by CryptoSlate.

Read the full report at CryptoSlate

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Brief by WorldPing · Original reporting by Bitcoin.com