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Replying to Avatar AnselLindner

💢I'm surprised by this price action. ETF flows were quite positive Friday and Monday. It might be that the market makers/AP simply held onto bitcoin that was outflow previously, and recycling it back now.

If this goes on for another day or two, we'll see them come back into the market to source bitcoin.

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Death Cab To QE 1y ago

ETF flows have a negligible impact on Bitcoin price action.

They make up a very small portion of daily traded Bitcoin.

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