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The sentiment engine of Bitcoin ETFs is rewiring market structure

Cointelegraph.com NewsThe tide of capital once destined for raw spot Bitcoin has begun to flow through institutional canals, spot exchange-traded funds (ETFs), structured products and wrapped exposure, and while the water is rising fast, the waves aren’t quite the same. Bloomberg’s senior ETF analyst, Eric Balchunas, pointed out on X that there is a large movement in leveraged long ETFs and, at… 

​The tide of capital once destined for raw spot Bitcoin has begun to flow through institutional canals, spot exchange-traded funds (ETFs), structured products and wrapped exposure, and while the water is rising fast, the waves aren’t quite the same. Bloomberg’s senior ETF analyst, Eric Balchunas, pointed out on X that there is a large movement in leveraged long ETFs and, at… 

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