Friday, November 15, 2024

Bank Clients Just Dipped Their Toes Into Bitcoin ETFs, but Q4 Could See a FOMO Spike

Wealth management clients of Wall Street banks like Goldman Sachs, Bank of America, Morgan Stanley in the third quarter continued to modestly accumulate (or trade) bitcoin via the spot bitcoin exchange-traded funds.

source https://www.coindesk.com/business/2024/11/15/bank-clients-just-dipped-their-toes-into-bitcoin-etfs-but-q4-could-see-a-fomo-spike/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

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Bitcoin and ether's sharp 'mechanical' breakouts liquidate nearly $700 million short positions

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