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Bitcoin ETF outflows are noise as Wall Street doubles down on crypto, says analyst
Key takeaways
- What this means: Balchunas sees long-term demand holding up better than many expected.
- The context: Wall Street firms continue expanding crypto offerings despite recent market weakness.
- Reading between the lines: Balchunas wants the industry to refocus on Bitcoin's core value proposition.
What this means: Balchunas sees long-term demand holding up better than many expected.
The context: Wall Street firms continue expanding crypto offerings despite recent market weakness.
Reading between the lines: Balchunas wants the industry to refocus on Bitcoin's core value proposition.
Article preview — originally published by CoinDesk. Full story at the source.
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