Majority of ETF flows for Bitcoin not driven by retail investors, but by arbitrage.
From Cointelegraph: 2024-06-12 02:28:04
Retail investors are not a main factor in spot Bitcoin ETFs, with most inflows originating from arbitrage trading hedge funds – Raoul Pal.
Read more at Cointelegraph: ‘Vast majority’ of ETF flows could be driven by arbitrage: Raoul Pal