Wall street has not left BTC 🧐

in H4LAB Research29 days ago (edited)

1000017941.jpg

Source: Apollo

Take a look at the total net BTC(Bitcoin) ETF flows since inception 🤔 Recently, the total net BTC ETF flows have not decreased much. Actually, It has even recovered a little bit.

1000017943.jpg

Source: Apollo

Now, the Wall street has around 900k BTC. Compared to the BTC supply, 21m, it's around 4.2%.

I'd like to ask you do you really think they left the crypto market?

They have been accumulating 900k BTC during the last 6 months, and their averaging BTC purchase price is about $40~50k. Now, the BTC price is $57k. It's not even double 😂 Are you willing to take less than double profits?


Many analysts said that spot ETH(Ethereum) ETFs could start trading this July. I hope that it will be commencing as soon as possible. If it happens, ETH price performance will be better than BTC for the next 6 months with respect to the BTC dominance cycle 📈🔥🚀🎅🎁

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