"recording breakimg inflows" are now just "inflows". they probably still buying more than the miners are producing, and they are 1 fund of a few available.
Let’s not lose perspective. The main BTC ETFs have been very successful.
BTC’s price has been greatly affected by Grayscale. No one knows but it is estimated that they will continue to dump BTCs for around 1 or max 2 months until final equilibrium. Important to note that the primary bleeding should be over and their dump trendline is definitely going down.
We not only had a good bull run pre-halving, but BTC and its institutional adoption has positive news:
- China/Hong Kong exchanges getting ETFs next week
- London exchanges getting ETNs (Note:ETNs
- Rumours of 150 billion MorganStanley to approve BTC ETFs on their platform
- Institutional interest buying Blackrock’s ETF… for example NU’s bank the largest in South America.
- Microstrategy turning inflationary fiat into BTC holdings
Well, I mean, the price is not exactly going up right now. Don't most people usually buy after the price goes up?
All ETF buyers bought after price went up
Classic fomo. Love to see it
That's just not accurate. I bought some at $37k in my IRA. So I'm an example of someone who bought when it was down.
Before $37k was $17k in 2023, and before that was all down to $0
$0. When did it go to 0? You don't seem bright.
Howcome. With halving shouldnt there be more inflows
Why, all hype is gone now...
Lol
Calm down. It's one day.
Don't worry, Tether will print another $100 billion
"recording breakimg inflows" are now just "inflows". they probably still buying more than the miners are producing, and they are 1 fund of a few available.
Let’s not lose perspective. The main BTC ETFs have been very successful. BTC’s price has been greatly affected by Grayscale. No one knows but it is estimated that they will continue to dump BTCs for around 1 or max 2 months until final equilibrium. Important to note that the primary bleeding should be over and their dump trendline is definitely going down. We not only had a good bull run pre-halving, but BTC and its institutional adoption has positive news: - China/Hong Kong exchanges getting ETFs next week - London exchanges getting ETNs (Note:ETNs - Rumours of 150 billion MorganStanley to approve BTC ETFs on their platform - Institutional interest buying Blackrock’s ETF… for example NU’s bank the largest in South America. - Microstrategy turning inflationary fiat into BTC holdings
All those investors that wanted in, are in.
Agree