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ETF flows, not Strategy’s sale, remain key bitcoin driver: Citi
Strategy’s (MSTR) recent bitcoin BTC$66,785.57 sale has had an outsized impact on market sentiment, but Wall Street bank Citi says spot bitcoin exchange-traded fund (ETF) flows are the primary driver of BTC prices. Markets were rattled after Strategy disclosed the sale of a small portion of its bitcoin holdings, marking a rare departure from Executive...
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