ETFsInflowSpot
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#ETFsInflowSpot
Net inflows into spot ETFs yesterday:
š“$BTC -ETF - $601.8 million
š“$ETH -ETF - $148.5 million.
Essentially there is a "power shift" underway right now - Whales, miners and old anonymous wallets are selling off BTC, while institutional investors (funds and companies) are actively buying. In the last year whales sold 500,000 BTC worth $54 billion.
Institutional has already accumulated about 25% of all coins in circulation - 4.8 million BTC out of 20 million.
Net inflows into spot ETFs yesterday:
š“$BTC -ETF - $601.8 million
š“$ETH -ETF - $148.5 million.
Essentially there is a "power shift" underway right now - Whales, miners and old anonymous wallets are selling off BTC, while institutional investors (funds and companies) are actively buying. In the last year whales sold 500,000 BTC worth $54 billion.
Institutional has already accumulated about 25% of all coins in circulation - 4.8 million BTC out of 20 million.
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