Best News for Bitcoin ETF Supporters: 95% of Bitcoin Trades are Fake
3 min readMar 25, 2019
I usually post on Fridays but I saw some news that’s so significant I had to push something out today.
In support of its bitcoin ETF application, Bitwise Asset Management shared data with the U.S. Securities and Exchange Commission (SEC).
That data showed 95% of all reported trading in bitcoin is fake. This meshes with a…