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‘Vast majority’ of ETF flows could be driven by arbitrage — Raoul Pal

Retail investors are not a “key driver” of spot Bitcoin ETFs, with a majority of inflows coming from arbitrage trading hedge funds, according to Raoul Pal.

‘Vast majority’ of ETF flows could be driven by arbitrage — Raoul Pal

Retail investors are not a “key driver” of spot Bitcoin ETFs, with a majority of inflows coming from arbitrage trading hedge funds, according to Raoul Pal.

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