04 Dec 2023
The market keeps climbing on ETF anticipationProfessional traders maintain their long positions, even as Bitcoin shot through $40k. U.S. spot ETF anticipation continues to be the market's driving force.
In this week's Ahead of the Curve:
- Bitcoin blasted through $40k over the weekend
- CME traders maintain long exposure as prices rise
- Retail traders are not wild yet
- Retail’s apparent absence supported by web traffic numbers
- A faster recovery than previous cycles?
- Spot ETFs - a sell-the-news event?