Economist and staunch Bitcoin (CRYPTO: BTC) critic Peter Schiff traded his guns on spot ETFs associated with the digital asset yet again. What Happened: On Tuesday, Schiff took to X, formerly Twitter, to question the impact of the investment avenues that went up for trading early this year on the price movement of Bitcoin. “Despite buying from 11 spot Bitcoin ETFs, Bitcoin has traded sideways for over three months. The current price is 11% below the March high,” he pointed out. Schiff wondered if ETF investors are purchasing, what is causing sell pressure on Bitcoin. He rhetorically threw a qu…
