Tue. Feb 25th, 2025

Bitcoin could be headed for $70K ‘goblin town’ on ETF exodus: Hayes

BySLM NFFT

Feb 25, 2025

Bitcoin could be headed for $70K ‘goblin town’ on ETF exodus: Hayes

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Large hedge funds playing the ETF arbitrage game are starting to unwind their positions, putting more selling pressure on Bitcoin, says BitMEX co-founder Arthur Hayes.

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Bitcoin could be headed for $70K ‘goblin town’ on ETF exodus: Hayes

BySLM NFFT

By SLM NFFT

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update

Bitcoin Slides Below $89K to 3-Month Low as Nasdaq Futures Dip, Japanese Yen Sparks Risk-Off Fears

Bullish Crypto Bets Lose $1.2B as Bitcoin Fumbles to Under $89K, XRP Down 14%

U.S. Bitcoin ETFs Post Year’s 2nd-Biggest Outflows as Basis Trade Drops Below 5%

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