Matrixport’s Bitcoin ETF Analysis Sparks Market Fluctuations, Founder Comments

Key Takeaways

Jihan Wu comments on the unexpected market impact of a Matrixport report about Bitcoin ETFs.
The report’s release coincided with a significant drop in Bitcoin prices, though Wu attributes this to other market dynamics.
Wu maintains a positive outlook on the eventual SEC approval of Bitcoin Spot ETFs, despite current market uncertainties.

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