The BTC halving event may bring more benefits to Bitcoin ETFs! There are still more than 20 days left for the BTC halving!
In 54 days, spot Bitcoin ETFs purchased over 500,000 Bitcoins worth $35 billion, GBTC converted to ETFs and experienced significant redemptions, and U.S. Spot Bitcoin ETFs (including GBTC) held 835,000 Bitcoins, approx. 4% of the currency circulation.
Institutions are still adding positions and will cause trouble! #BTC