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

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.

Feb 25, 2025 - 07:09
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Bitcoin could be headed for $70K ‘goblin town’ on ETF exodus: Hayes

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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