<p><img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjQtMDcvYTVmYTIwNzctZmYwYy00Y2UwLWE1MDYtOWU5NTg3ZWI2ZDUzLmpwZw==.jpg"></p><p>Arbitrage trading of the spot BTC ETFs and a drop in demand for inflation hedges could be limiting Bitcoin’s price upside.</p>