Bitcoin: How $12 billion in ETF inflows and yields changed crypto-adoption
Bitcoin ETFs attracted substantial inflows, playing a key role in market expansion.
Despite challenges, ETFs explore crypto yield opportunities, signaling strategy shifts.
The state of liquidity in the crypto market has evolved significantly, as indicated by a recent report in Bloomberg.
It suggested that the market has moved beyond the immediate liquidity gap, with liquidity now being more robust compared to the aftermath of the 2021 credit crisis.
Analysts consider ETFs as the primary drivers of current liquidity dynamics, especially with significant inflows in Bitcoin [BTC] ETFs.
Echoing similar sentiments, Austin Reid, global head of revenue and business at FalconX in a recent conversation with “The Block,” noted,