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HomeCrypto NewsBitcoin (BTC) ETF Fixation Because Markets Are Boring, says Arca CIO

Bitcoin (BTC) ETF Fixation Because Markets Are Boring, says Arca CIO

While bitcoin today jumped more than 7% on a positive ruling regarding Grayscale’s attempt to convert its Grayscale Bitcoin Trust (GBTC) into a spot bitcoin ETF, Jeff Dorman, Chief Investment Officer at Arca, says the world’s largest digital asset will need a “significant catalyst” to break out of its range-bound ways.

www.coindesk.com

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