Avatar
plebiANON 1y ago

The mathematical conclusion from this chart is that there is a highly inverse relationship between net ETF inflows and Bitcoin price.

Reply to this note

Please Login to reply.

Discussion

Avatar
OT 1y ago

Plebs selling to wall street creates a stablecoin.

Avatar
plebiANON 1y ago

Lots of spot selling out there. Whatever that means, I’m not sure. Could be a bunch of carry trades, could be traders converting spot to ETFs to save on fees when trading. Could just be lots of paper hands.