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BTC and Crypto Volatility is Why We Won’t See a Bitcoin ETF Soon

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Red! Red! Red! is what many traders are seeing when they log into their favorite crypto exchanges or check coinmarketcap.com. Many savvy traders who had set stop losses, minimized their risks as some headed to BitMEX and Bitfinex to try and cash in on shorting their favorite digital assets of Bitcoin (BTC), Ethereum (ETH) and more.

In the case of BitMEX, the volume of BTC traded in the last 24 hours currently stands at 990,764. If the current turmoil goes on, they might do 1 Million BTC in 24 hours for a third time.

BTC 25 hour trade volume ...

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