Analyst Suggests Spot Bitcoin ETFs Could Improve Market Structure Post-Bear Market
Analyst Suggests Spot Bitcoin ETFs Could Improve Market Structure Post-Bear Market
Following a surprising Bitcoin bear market, an analyst explains that the introduction of spot Bitcoin ETFs has the potential to restore a 'stronger' market structure. The article highlights that while many investors were caught off guard, on-chain data analysts had anticipated the corrective phase, suggesting a forward-looking perspective on market recovery through new investment vehicles.
The Bitcoin bear market caught some parts of the crypto crowd by surprise, as several investors expected prices to recover at different stages of the correction. However, some sections of the market saw this corrective phase, using on-chain data as the basis of their prognosis. One such group is the on-chain data analysts who called […]