#ETFsInflowSpot

Net inflows into spot ETFs yesterday:

🔴$BTC -ETF - $601.8 million

🔴$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.