Strategy unloading of bitcoin may have rattled markets, but Citi said the bigger issue for bitcoin is a missing bid from new buyers. Citi said Strategy's recent bitcoin sale was part of a previously disclosed tax-optimization plan and does not alter the firm's broader strategy. The bank estimated spot bitcoin ETF flows explain roughly 45% of weekly BTC price moves and remain the best gauge of investor adoption. The bank expects sentiment to remain subdued as ETF flows turn negative an…
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