CryptoNeutralCoinDesk · 4h ago6/10
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It's not SpaceX. Bitcoin ETF outflows may be an arbitrage story
Analysts debate the cause of recent Bitcoin ETF outflows, with some attributing them to investors liquidating positions for anticipated IPOs like SpaceX and Anthropic. However, Sygnum's Fabian Dori challenges this narrative, suggesting market data points to alternative explanations such as arbitrage trading rather than capital reallocation toward equity offerings.
$BTC🏢 Anthropic