paper bitcoin

Coinbase CEO Brian Armstrong dismissed “paper Bitcoin” claims, insisting spot Bitcoin ETFs are fully backed, while defending Coinbase’s dominant custody role and calling U.S. regulatory clarity the next key step for the industry.

Is Paper Bitcoin Summer, and the associated extractable premium in price, coming to an end?

Despite institutional accumulation, Bitcoin price action remains underwhelming as supply-and-demand dynamics reveal long-term holders are cashing in.