Why Bitcoin ETFs Flopped So Badly

For the past few months the much anticipated approval of Bitcoin spot ETFs has been the major driver of sentiment in the crypto markets. On January 11th the ETFs were indeed approved. But in the fist 2 weeks since launch the inflows have been paltry and the Bitcoin price has declined by 15%. So why did the ETFs fail to live up to expectations?

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0:00 – 2:44 Intro
2:45 – 8:01 Inflows
8:02 Crypto wannabes

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