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RE: SPS Token Strategy in the Current Crypto Market
Bitcoin ETF has been approved but still the price of BTC is falling because the instant impact cannot be seen in the market of this ETF approval. Spot EPF approval will bring positive impact in the market in long run because institutions will now consider Bitcoin ETF as one of the investment and once the invest then they will keep it for the long term because they will prefer to keep it in the books
It's because they are buying OTC. we will see market price go up when there is no more liquidity for otc
0E-8 BEE
I think big institutions will move from OTC after ETF and you're right once there is no more liquidity then it will improve
they have already been buying btc otc :P but once theres no more available to buy they will have to buy off market and tahts when we will go up and up
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