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Did Strong Bitcoin ETF Demand Kill Halving's Potential Bullish Rally?

The much stronger-than-expected inflows into the spot bitcoin exchange-traded funds (ETFs) have already caused concerns about a supply shock in the bitcoin market, potentially taking away some of the impacts of the halving.

By Helene Braun|Edited by Aoyon Ashraf

Updated Apr 11, 2024, 3:19 p.m. Published Apr 5, 2024, 6:39 p.m.

a cleaver chops a lemon in half — Bitcoin's halving - which is often seen as a bullish catalyst for the price - may not be as positive as markets may think, thanks to the approval of spot exchange-traded funds (ETF). (Volodymyr Baleha/Shutterstock)