Apparently, it was 562 mil in May of 2024....right on schedule to reach 1 bil in 2025 or early 2026.
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 804. (Read 26716251 times)
June 01, 2024, 02:45:54 PM
Apparently, it was 562 mil in May of 2024....right on schedule to reach 1 bil in 2025 or early 2026.
June 01, 2024, 02:08:44 PM
Just been reading
ETF inflows 13 consecutive days of inflows
Max amounts taken of kraken….
Price will follow
ETF inflows 13 consecutive days of inflows
Max amounts taken of kraken….
Price will follow
Are you talking about fiat ?
Can you even send coins to these ETF platforms, I guess not ?
From what I read, you can send coins to the Hong Kong one's, but not to US one's (since those have only "in cash creations", but not "in-kind").
June 01, 2024, 02:05:49 PM
Including Friday that's 14 consecutive days of inflows. Not just net inflows but net flows that absorb 5x the emission!
Emission since May 13 (14*450=BTC6.300), US ETF net inflows BTC~32k
Emission since May 13 (14*450=BTC6.300), US ETF net inflows BTC~32k
Something has got to give soon surely.
It doesn’t make any sense that we’re not going up unless big players are relentlessly shorting. The lessened supply is getting eaten up, if we don’t pump soon I’m going to start being suspicious.
already suspicious
There is a positive correlation between flows and price, but it's a small one (in value):
https://www.envestnetinstitute.com/article/do-fund-flows-affect-market-prices
Quote
We calculate that the correlation between weekly fund flow and corresponding S&P 500 price move is about +0.23 [with 1.00 value indicating a perfect correlation].
June 01, 2024, 02:01:14 PM
June 01, 2024, 01:50:12 PM
Just been reading
ETF inflows 13 consecutive days of inflows
Max amounts taken of kraken….
Price will follow
ETF inflows 13 consecutive days of inflows
Max amounts taken of kraken….
Price will follow
Are you talking about fiat ?
Can you even send coins to these ETF platforms, I guess not ?
June 01, 2024, 01:01:17 PM
June 01, 2024, 12:58:33 PM
June 01, 2024, 12:01:15 PM
June 01, 2024, 11:37:27 AM
Including Friday that's 14 consecutive days of inflows. Not just net inflows but net flows that absorb 5x the emission!
Emission since May 13 (14*450=BTC6.300), US ETF net inflows BTC~32k
Emission since May 13 (14*450=BTC6.300), US ETF net inflows BTC~32k
Something has got to give soon surely.
It doesn’t make any sense that we’re not going up unless big players are relentlessly shorting. The lessened supply is getting eaten up, if we don’t pump soon I’m going to start being suspicious.
already suspicious
Admittedly the date range is chosen to display maximum inflows, we had outflow prior to May 13th. Also, we don't know what's happening to the rest of the market, are Gox/FTX etc... dumping? Someone could also be dumping real corn for these ETF coupons for different reasons (if they don't want/can't self custody, or they want to take out margin loan against their corn etc...). But the beauty of limited supply is that we know it can't go on forever, so with everyday these ETFs suck up more BTC than were mined, the higher the probability of the price adjusting up. tl;dr just wait
June 01, 2024, 11:22:55 AM
Including Friday that's 14 consecutive days of inflows. Not just net inflows but net flows that absorb 5x the emission!
Emission since May 13 (14*450=BTC6.300), US ETF net inflows BTC~32k
Emission since May 13 (14*450=BTC6.300), US ETF net inflows BTC~32k
Something has got to give soon surely.
It doesn’t make any sense that we’re not going up unless big players are relentlessly shorting. The lessened supply is getting eaten up, if we don’t pump soon I’m going to start being suspicious.
already suspicious
June 01, 2024, 11:01:15 AM
June 01, 2024, 10:58:05 AM
It doesn’t make any sense that we’re not going up unless big players are relentlessly shorting.
Squeeze price is rising
Short your mom if you want short
You will pay dearly
#haiku
June 01, 2024, 10:50:28 AM
Including Friday that's 14 consecutive days of inflows. Not just net inflows but net flows that absorb 5x the emission!
Emission since May 13 (14*450=BTC6.300), US ETF net inflows BTC~32k
Emission since May 13 (14*450=BTC6.300), US ETF net inflows BTC~32k
Something has got to give soon surely.
It doesn’t make any sense that we’re not going up unless big players are relentlessly shorting. The lessened supply is getting eaten up, if we don’t pump soon I’m going to start being suspicious.
June 01, 2024, 10:01:17 AM
June 01, 2024, 10:00:17 AM
15-min chart looks eerily calm...
Bitstamp flatlining...
ETFs non-stop buying...
Calm before pumping?
#wishfulhaiku
Bitstamp flatlining...
ETFs non-stop buying...
Calm before pumping?
#wishfulhaiku
June 01, 2024, 09:35:35 AM
Just been reading
ETF inflows 13 consecutive days of inflows
Max amounts taken of kraken….
Price will follow
ETF inflows 13 consecutive days of inflows
Max amounts taken of kraken….
Price will follow
Including Friday that's 14 consecutive days of inflows. Not just net inflows but net flows that absorb 5x the emission!
Emission since May 13 (14*450=BTC6.300), US ETF net inflows BTC~32k
June 01, 2024, 09:01:15 AM
June 01, 2024, 08:41:04 AM
June 01, 2024, 08:01:36 AM
JUST IN: 🇺🇸 Eight US Congressmen and one Senator urge President Biden to not veto bill that would allow highly regulated financial firms to custody #Bitcoin and crypto.
Here
Here
Why are all those signatures on this "document" in different graphical resolutions?
i'm not saying it's a fake, but it's likely a fake
#checkyoursources
You may be right. Or they never signed an actual paper, but stayed in electronic form (save the planet, etc.) by using image files as signatures (of varying resolutions, depending on how tech-savvy each one is).
Who uses a pen anymore?
I started a course last month, decided to take notes and do my homework old-school with pen and paper - my notes were a mix of chicken scratch and calligraphy. I always thought writing was like riding a bike... or maybe it is and I should get the old bicycle out and see if I can still pop a wheelie and jump it over curbs. If you don't hear from me for a couple of days, you'll know why.
June 01, 2024, 08:01:15 AM
Jump to: