The spot ETFs of Bitcoin ($BTC) are going through a turbulent phase as their demand is decreasing. As per Julio Monero, CryptoQuant’s Head of Research, the demand for Bitcoin spot exchange-traded funds has plunged below the levels that were seen in these days during 2024. The crypto analyst discussed the present demand levels in the Bitcoin spot ETF market in comparison with their position last year.
The analyst’s report explains that the present
$BTC spot ETFs are seeing considerably lower demand levels. In this respect, he pointed toward the status of the demand in this market during 2024. H