Over the last 2 months, #Bitcoin ETFs have been buying $500 million+ of BTC every day.
It seems like, as the price goes up, the buyers of these ETFs are MORE interested in purchasing shares.
What will this do to Bitcoin over the next few years?
IMO this demand is never going away.
Most people have 0 allocation.
Most coins are held by people who never want to sell.
People who want exposure will need to pay more and more for every fraction of BTC they want to acquire.