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- 🎉 Hey Gate Square friends! Non-stop perks and endless excitement—our hottest posting reward events are ongoing now! The more you post, the more you win. Don’t miss your exclusive goodies! 🚀
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ETFs attract attention
DonAlt also highlighted the historical performance of cryptocurrency futures products, highlighting the bearish impact on digital asset markets. He pointed out that Bitcoin futures ETFs generally coincide with periods when the market is at its peak. Additionally, analysts said:
I also think people in general have forgotten how Bitcoin futures ETFs are doing. If you show these on a graph, it doesn't give a good picture. [We launched] most of the Bitcoin futures ETFs at the market peaks. There was one in 2017 that basically ended the bull market. If I remember correctly, there was another one in 2021 that was pretty close to the top. Our overall record is not very good, so I'm very confused.
#ContentStar# #contentcreator# #BountyCreator# #Gate.ioDaily# #Crypto #