Yesterday, we saw the 2nd largest inflows into the #Bitcoin Spot ETFs with $545.1 Million coming in!
We also had the LOWEST amount of outflows from $GBTC at only $51.8 Million.
The current daily accumulation average for the ETFs sit at $126.36 Million (only counting trading days).
After the halving, the newly mined $BTC supply will drop from ₿900 to ₿450.
This means that with continuous buying pressure from the issuers, we may experience an exponential uprise on $BTC, and surpass the prior ATH a lot quicker than the average 200 days after the halving!
Twitter@CryptoKidcom|20:19 PM - Feb 10, 2024
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