Yesterday we had a record-high inย #bitcoinย spot ETFs, resulting in over USD 1B inflow!
The Nine Inflow: USD 1,124Mย GBTC outflow: USD 79Mย Total daily Net Inflow: USD 1,045M
With the slowing momentum of GBTC outflows, we might be facing a massive supply squeeze in the next few months. And, it's been only 2 months since the ETFs approval. Imagine what can happen in 5 years.
Meanwhile, bitcoin chilling at approx. USD 73k. What a time to be alive.