In a matter of weeks the Bitcoin ETFs are nearly half the total market cap of gold ETFs which have been around for decades 👀

0b1CoinObi

bitcoin

As Bitcoin Heads for $100K, Don’t Forget the Meaning of the Bitcoin Revolution.

ssaurel

For all the TA's and charts that people throw around, non have ever featured the effect of having 9 ETF's involved. These institutions are hoovering up all the BTC they can get their hands and they have only just got started. On the 27th alone they took in net 10,000 BTC and 900 BTC was mined. The US loves an ETF and once people over there wake up and realise that their Gold or S&P 500 ETF isn't making the kind of money that those over there with the BITCOIN ETF are making, then they're going to jump ship. The ETF 9 aren't the only ones buying big there's many others. Somebody today bought 700 BTC and it wasn't one of the 9 ETF's.
Once those OTC counters run dry and the after the halving, its going to be a bun fight. Supply shock incoming.

![GHahy2KXEAARu1p.jpeg](https://m.stacker.news/17879)

https://x.com/HODL15Capital/status/1762785038502944881?s=20