ETF's don't just buy Bitcoin, they sell it too. This is due to ETF's creation/redemption mechanism.
Shown below is BTCC's Bitcoin holdings back to its 2021 inception. Note the 50% reduction of holdings in 2022. Simply due to the C/R mechanism.
Discussion
When they sell, you buy it to take it out of their hands, so they will never get it back
I think #bitcoin will pump up a bit more, get the people excited and then wipe out all the leverage again
The ETF funds will buy, but they are not crazy
They know they can scare you into selling so they can buy cheaper
Join the RCL VIP Group #Bitcoin newsletter + with top Investors and get our free weekly market report and best strategy for passive accumulation, join now and DCA with high algorithm performance and 1000x your assets following the market trend,
I think #bitcoin will pump up a bit more, get the people excited and then wipe out all the leverage again
The ETF funds will buy, but they are not crazy
They know they can scare you into selling so they can buy cheaper
Join the RCL VIP Group #Bitcoin newsletter + with top Investors and get our free weekly market report and best strategy for passive accumulation, join now and DCA with high algorithm performance and 1000x your assets following the market trend,