Bitcoin ETFs are making traders nervous due to their history of marking BTC price local tops in 2024.
Bitcoin (BTC) needs to avoid a “local top” as institutions pile into the United States spot Bitcoin exchange-traded funds (ETFs).
In a thread on X on Oct. 30, popular analyst Mark Cullen cautioned over potential “ETF FOMO.”
Institutional investors are sparking hundreds of millions of dollars in net inflows to the US spot Bitcoin ETFs daily.
