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Why these BITCOIN ETF inflows don’t effect the price? #Asknostr #Nostr #Bitcoin 🤔
👉 here is the source
https://www.statista.com/statistics/1462194/bitcoin-etf-flows-per-day/
Discussion
Another thing;
Why outflow has more impact on the bitcoin price than the inflow? #Nostr #Bitcoin #asknostr
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Because ETF has nothing to do with BTC - ETF is fucking paper form for state no more no less
Look at the #bitcoin ETF flows net, then assuming they are acquiring actual #bitcoin, some portion of the net was likely spot purchases before the ETF was issued