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Arthur Hayes Warns BTC Could Drop Below $70K as Hedge Funds Exit ETFs

TheNewsCrypto LogoTheNewsCrypto14h ago

Arthur Hayes Warns BTC Could Drop Below $70K as Hedge Funds Exit ETFs - TheNewsCrypto

Quick Summary:

If big hedge funds pull out of US Bitcoin exchange-traded funds, BitMEX co-founder Arthur Hayes predicts the price of bitcoin may drop below $70,000.

Meanwhile, US spot ETF outflows have begun to pick up speed.

Massive selling of spot ETFs and rising pressure on futures are the results of a coordinated unwind when this occurs on a large scale.

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Arthur Hayes Warns BTC Could Drop Below $70K as Hedge Funds Exit ETFs - TheNewsCrypto (Picture 1)

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Article Details

Author / Journalist: Imran

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-25 @ 10:43:43 (14 hours ago)

News Timezone: GMT +0:00

News Source URL: thenewscrypto.com

Language: English

Article Length: 342 words

Reading Time: 2 minutes read

Sentences: 25 lines

Sentence Length: 14 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TheNewsCrypto

News ID: 26435903

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About TheNewsCrypto

TheNewsCrypto Logo

Main Topics: Crypto

Official Website: thenewscrypto.com

Update Frequency: 41 posts per day

Year Established: 2020

Headquarters: United Arab Emirates

News Last Updated: 11 hours ago

Coverage Areas: United Arab Emirates

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #125

Publisher Details

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The story "Arthur Hayes Warns BTC Could Drop Below $70K as Hedge Funds Exit ETFs" has 342 words across 25 sentences, which will take approximately 2 - 3 minutes for the average person to read.

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The story "Arthur Hayes Warns BTC Could Drop Below $70K as Hedge Funds Exit ETFs" was covered 14 hours ago by TheNewsCrypto, a news publisher based in United Arab Emirates.

How trustworthy is 'TheNewsCrypto' news outlet?

TheNewsCrypto is news outlet established in 2020 that covers mostly crypto news.

The outlet is headquartered in United Arab Emirates and publishes an average of 41 news stories per day.

It's most recent story was published 11 hours ago.

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  • News ID: #26435903
  • URL: https://chronographically.beamstart.com/news/arthur-hayes-warns-btc-could-17404910338314

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