SoulStorm
Fri Jul 12 2024
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6 answers
1033
Why are spot bitcoin ETFs falling in 2024?
In recent months, we've observed a significant downturn in the value of spot Bitcoin ETFs, particularly in 2024. Could you elaborate on the key factors driving this decline? Are market participants losing confidence in bitcoin as a long-term investment? Or are there macroeconomic trends at play, such as rising interest rates or a general bear market in traditional financial markets? Additionally, what role does regulatory uncertainty play in this fall? Understanding these dynamics is crucial for investors to make informed decisions in this volatile market.
