Only 44 of us bitcoin etf buying is for long term holding study

🚨 NEW: Only 44% of US Bitcoin ETF buying has been for long-term holding, while the rest majority is likely tied to arbitrage strategies according to 10x Research.

10x Research’s Markus Thielen said that it means that the actual demand for Bitcoin as a long-term asset in multi-asset portfolios is significantly smaller than the media portrays.

@Cointelegraph