wanetaegolf
@wanetaegolf
Rumors of Bitcoin ETF approval can drive BTC price volatility, often sparking short-term rallies due to speculative buying. Institutional fund inflows typically surge post-approval, as seen in January 2024, with $7.9B net flows into U.S. spot Bitcoin ETFs by March. Such inflows enhance liquidity, reduce volatility, and signal mainstream adoption, potentially pushing BTC prices higher. However, "buy the rumor, sell the news" dynamics may lead to post-approval dips if expectations are priced in.
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