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Bitcoin ETF buyers are trend followers, not setters, DWF Labs says

ETFsBy Cointelegraph by Ezra Reguerra, Cointelegraph

Bitcoin ETF buyers are trend followers, not setters, DWF Labs says
Photo: Cointelegraph

BTC when published $81,607Now $80,353 ▼ −1.54%

DWF Labs research finds that Bitcoin ETF flows follow past BTC price movements rather than predict future returns, with investors buying rallies and selling dips.

First reported by Cointelegraph. This page is a short excerpt; the full text is theirs.

Read the full story at Cointelegraph

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