Jim Bianco warns of potential risks in the Bitcoin market due to Bitcoin ETF spot.

Jim Bianco raised concerns about the potential for a new kind of volatility in the Bitcoin market due to the dominance of speculative traders in the recently approved spot Bitcoin ETF. He warned that these developments could have serious regulatory implications for the wider cryptocurrency industry. Spot Bitcoin ​​ETF could mark a ‘Vol-Mageddon’ for the cryptocurrency. (…)