The recent approval of spot Bitcoin ETFs has been a game-changer for the crypto market, according to Fred Thiel, the CEO of Marathon, America’s largest crypto mining firm. Thiel believes that the ETF approval has attracted a significant amount of capital into the market, leading to a surge in prices that would typically be seen
Crypto
The introduction of U.S. Bitcoin spot ETFs has marked a significant milestone in the cryptocurrency market, attracting a substantial amount of net inflows since their launch three months ago. This article will delve into the analysis provided by Glassnode analyst James Check, who measures the impact of these ETFs on the broader Bitcoin market using