Bitcoin Traders Scale Back Bets as Spot ETF Inflows Wane and Halving Hype Fades: Bloomberg Report

A recent Bloomberg News article suggests that optimistic Bitcoin traders are dialing back their bets on the leading cryptocurrency as two significant driving forces – robust inflows into U.S. spot Bitcoin ETFs and the hype surrounding the Bitcoin halving event – lose steam. As reported by Bloomberg, the Bitcoin funding rate, which represents the premium […]