The ETFs are finally balancing out

in #bitcoin2 years ago

IBIT and FBTC both have higher volume than GBTC for the first time ever

The tides are finally turning...

It has been a long time coming, well not really, only a couple weeks but it has felt like more.

GBTC selling is slowing every day while the inflows into IBIT and FBTC are staying constant.

The end result is more and more bitcoin being hoovered up.

image.png

(Source: https://twitter.com/BitcoinNewsCom/status/1752378067639476230/photo/1)

We could see bitcoin start marching higher every day here soon if this keeps up.

Coin Marketplace

STEEM 0.04
TRX 0.33
JST 0.096
BTC 62119.69
ETH 1735.64
USDT 1.00
SBD 0.39