🚀 Bitcoin ETFs are making waves! 🌊 Since their launch in Jan 2024, they've attracted a whopping $18.9B and now hold 869k BTC, about 4% of all Bitcoin. That's some serious HODLing! 💪
But wait, there's more! Despite all the buzz, ETF trading volume is just 3% of the total Bitcoin market. Talk about an underdog story! 🐶
The "basis trade" is fueling some of these inflows, with investors cashing in on price differences between spot and futures. Smart moves, right? 💡
What do you think? Will Bitcoin ETFs keep growing? Drop your thoughts below! 👇 #DeFi #Web3 #BitcoinETFs