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Bitwise Crypto Treasury Model Pressured as BTCUSD Spot ETFs Gain Favor Amid Regulatory Shift

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The Story

News Summary

  • Digital asset treasuries (DATs) face increasing regulatory and structural challenges, driving investor preference toward spot ETFs.
  • Rising costs, operational risks, and illiquidity pressure DAT valuations below asset values, signaling potential bearish sentiment for BTC exposure through DATs in the near term.
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BTCUSD price history

76166.37 +13.69% over the displayed period

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