Bitwise is 4th largest ETF with over 18k bitcoin...
Thats big difference from 4.
Maybe Dune not best reference
Discussion
It might not be, was just trying to genuinely look for best data.
Nonetheless, the dune data just track real-time flows. It's up to the observer to interpret. It did indeed look like I was correct on that it was just them moving their holdings to different addresses as the totals look good again.
My chart was showing what the totals will be if the current flows last for 12 months.
It said 25% current flows, 50% current flows, 75% current flows and 100% current flows continuing for rest of year or 12 months.