The negative shift suggests a weakening demand for Bitcoin in the US, coinciding with slowed inflows into spot ETFs and a record outflow from Grayscale’s ETF.
BitMEX is a next generation crypto-coin trading platform, which supports highly leveraged trading via perpetual and fixed-date contracts.
BitMEX is a cryptocurrency exchange and derivative trading platform. It is owned and operated by HDR Global Trading Limited, which is registered in the Seychelles and has offices worldwide.
The negative shift suggests a weakening demand for Bitcoin in the US, coinciding with slowed inflows into spot ETFs and a record outflow from Grayscale’s ETF.
Raoul Pal’s disclosure of his WIF ownership, coupled with the substantial surge in the token’s market value, has ignited fervent discussions and speculations among investors and market participants.
Fortunately for VanEck, its decision to crash management fees to 0% until next year attracted record inflow for the company.