04 Jul 2023

The BlackRock effect in full force in ETPs

Climbing institutional activity and a retail slowdown
Ahead (10)
A resting week
After BTC’s massive 14% gain last week, the market took a healthy hiatus this week. BTC has been holding firmly above $30k, apart from an intraday push lower on Friday after the Wall Street Journal revealed that they viewed the recent ETF filings as not sufficiently clear and comprehensive, with the SEC seeking complete information on the bitcoin spot exchange involved in the surveillance sharing agreement. This initially caused the market to push lower. Still, shortly after that, mos
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