Investors Play it Safe with Bitcoin ETFs Over Miners Ahead of Halving Event, But Mining Stocks Could Still Rally Afterwards
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Investors are putting money into bitcoin ETFs rather than miners ahead of the upcoming halving event, seen as a safer bet.
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Historically miners rallied after halvings, but increased competition and uncertainty this time has investors cautious.
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Transaction fees, mergers & acquisitions, and other strategies could help miners stay profitable post-halving.
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If history repeats, mining stocks could outperform bitcoin price after the April halving event.
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The disconnect between bitcoin price and mining stocks may be temporary if robust miners can prove profitable.