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Bitcoin (BTC) trading volume clarity actually brings ETFs nearer

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Research by Bitwise Asset Management rocked the crypto industry this week, after it concluded that 95% of reported bitcoin trading volume is fake.

However, that might not be such a bad thing as it may encourage the industry to clean up its act and traders to shun dishonest exchanges.

San Francisco-based Bitwise is a respected player in the space having brought the first crypto index fund to market and its Bitwise 10 Index, which tracks large cap crypto, is widely followed.

In January it announced that it had submitted a proposal to the US Securities and Exchange Commission (SEC) for ...

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