Spot Bitcoin ETF demand flatlining for four weeks straight. Is this a bad sign for Bitcoin holders?
Despite ongoing on-chain accumulation, recent data suggests a concerning trend regarding the demand for Bitcoin exchange-traded funds (ETFs) in the United States. Ki Young Ju, the founder of CryptoQuant, a leading on-chain analytics platform, has pointed out that this stagnation in demand has persisted for the past four weeks. What’s particularly noteworthy is that this…