- Digital assets stakeholders have blasted Jim Cramer over his comment on Bitcoin’s recent behavior.
- The stakeholders debunked Cramer’s claim that “no one showed up” after the spot Bitcoin ETF approvals.
- According to Samson Mow, Bitcoin’s growth has never been dependent on ETFs.
Some top digital assets stakeholders have blasted Jim Cramer, host of the show “Mad Money on CNBC,” over his comment on Bitcoin’s recent behavior. The stakeholders debunked Cramer’s claim that “no one showed up” after the spot Bitcoin ETF approvals following a BTC price drop.
A lot of people showed up. Just look at net inflow and how much BlackRock, Fidelity, and others accumulated. This is simply GBTC market adjustment at play. #Bitcoin growth is not dependent on ETFs, it never was. @BTC value comes from scarcity, utility, and the failure of fiat. https://t.co/4D6fH0IqSG— Samson Mow (@Excellion) January 18, 2024
Cramer posted on X (formerly Twitter), citing Bitcoin’s recent pullback, calling it a “Nasty beginning to the Bitcoin selloff.” According to him, the flagship crypto doubled in value by hundreds of billions of dollars ahead of the ETF approvals…
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