BREAKING: Institutional money is flowing into #Bitcoin ETFs at a record pace — surpassing Nasdaq QQQ inflows in 2025 so far. 
Discussion
8 years ago this kind of demand would have shot BTC past 250k. Yet here we are chopping sideways as if nobody were interested in BTC
Curious to know why price isn't higher. Where is the liquidity coming from? Who's settling this much BTC?
Degens I guess, and people in emergency situations, and people who don't quite get it.
And yet the price is not impacted. I don't understand. Possibilities?
1. The data on inflows is incorrect
2. The price is manipulated? Not sure of how that works
3. The ETFs aren't holding the amount of BTC they say they are
4. Something else I haven't thought of
Just a lot of sellers selling at low levels, enough to satiate the demand that wants BTC at these prices. Supply and demand are curves of both a quantity and a price. The quantity is not the only thing here, and the demand is not the only thing either.
Ok, but the graph seems to suggest demand is increasing. Why are people deciding to sell now to meet that demand at a lower price?
Not sure. My best guess is they are stupid. Demand isn't enough to surpass all of the stupid sellers yet for reasons that we just don't know. I would note that most normies still are not getting into bitcoin. It's very much early adoption still.
True. I am happy that the price is still on sale. I'm just confused by it.
There's still supply BUT it's lowering steadily, both on OTC AND retail exchanges (Coinbase, Kraken, etc).
Soooooooo fuckin what.
When does NGU. That’s all we care about. Seriously.
These chumps are late to the game. Don't sell them your sats. Make them beg