Arbitrage trading of the spot BTC ETFs and a drop in demand for inflation hedges could be limiting Bitcoin’s price upside. Related posts: Bitcoin futures data highlight investors’ bullish view, but there’s a catch CME Bitcoin futures show investors betting on $40K BTC price Bitcoin price rally to $42K driven by spot volumes, not BTC futures liquidations Bitcoin traders’ bullish bias holds firm even as BTC price dips to $37K
