MATRIXPORT FOUNDER SAYS DISSEMINATION OF BITCOIN ETF REPORT WAS ‘BEYOND OUR CONTROL’
A report published by research firm Matrixport opining that the spot bitcoin ETF applications in queue would be rejected was widely disseminated by news outlets and caused widespread panic and massive liquidations across the entire space. These were the largest liquidation levels since the infamous “Cointelegraph Intern” post several months ago that caught short sellers offside. The founder of Matrixport claimed that the dissemination of their analysis was outside of the firm’s control and was simply an opinion by one of the firm’s analysts.