Bitcoin

<ul><li>Kaiko&#39;s analysis reveals a significant narrowing of the bid-ask spread for BTC-USD markets on Coinbase, Kraken, and Bitstamp following spot ETF approvals.</li><li>The convergence of bid and ask prices post-ETF approvals on major U.S. exchanges indicates heightened investor confidence in Bitcoin trading.</li><li>Kaiko&#39;s insights underscore the evolving dynamics of the cryptocurrency market, highlighting the impact of regulatory milestones on investor sentiment.</li></ul>In a recent development, renowned blockchain analytics firm Kaiko unveiled crucial insights regarding the bid-ask spread for BTC-USD markets on three prominent U.S.-based exchanges. In a recent X post, the platform highlights that the following the green light for spot ETFs, Coinbase, Kraken, and Bitstamp have witnessed a notable narrowing in this spread.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/6492eb4261814f1e8f5d7e38a815bc0d.png" />Kaiko&#39;s latest findings shed light on the post-ETF landscape within the cryptocurrency realm, particularly focusing on the <a href="https://cryptotale.org/bitcoin-wallets-decline-as-investors-favor-etfs-after-sec-approvals/" rel="noopener noreferrer nofollow">Bitcoin market</a> dynamics. As regulatory approvals for spot ETFs have set a new precedent in the industry, attention turns to how these developments manifest in market behavior.Read full article at <a href="https://cryptotale.org/bitcoin-bid-ask-spread-shrinks-on-major-u-s-exchanges-following-etf-approvals/" rel="noopener noreferrer nofollow">CryptoTale.</a>

Bitcoin Bid-Ask Spread Shrinks on Major U.S. Exchanges Following ETF Approvals

CryptoTale

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