An interesting trade took place in the market shortly before Bloomberg’s senior ETF analyst Eric Balchunas’ post about the spot Bitcoin ETF.
Balchunas said last night that the US Securities and Exchange Commission (SEC) issued a decision regarding spot Bitcoin exchange-traded funds (ETFs). in communication with stock exchanges and to them that you give advice about you got sensations told.
“This isn’t unexpected, but it’s still a good sign,” a Bloomberg analyst said. he commented.
Bitcoin price after the statement made by Balchunas a few minute from approximately $36,000 in rose to $36,800.
Some cryptocurrency followers, who monitor transaction orders on exchanges, noticed that someone minutes before Balchunas made this statement. He bought approximately $10 million worth of Bitcoin on the Kraken exchange. noticed. The trader experienced a 1% slippage.
About spot Bitcoin ETFs a positive feeling This process, which was carried out very shortly before it came to the agenda, It attracted attention with its timing.
