Bitcoin ETFs: The ‘Quiet Giants’ Propping Up the Market"

Spot Bitcoin ETFs added 2.4Bin2024,with2.4Bin2024,with131M monthly inflows. Eric Balchunas notes:

ETFs absorb sell pressure (e.g., government auctions)

Holders have "stronger hands" than expected
Data Point: 1.8% volatility despite macro chaos. Implication: ETFs may reduce crypto’s wild swings. #BitcoinETF #CryptoStability $BTC