Don't want to trade it yourself?
Our desk runs DEX portfolios on profit share.
Ki Young Ju, CEO of CryptoQuant, said BTC has fallen only 7% from the start of the year even though cumulative net inflows into spot Bitcoin ETFs this year have remained near zero. He said selling pressure from early whale investors and miners appears limited, while investors who intended to sell may have already disposed of a substantial portion of their holdings. Ki added that BTC’s bullish momentum would likely recover once uncertainty surrounding the U.S. midterm elections eases and ETF inflows resume.