ETF

rgnet1

Now think of Bitcoin ETFs. A fund manager relies on a custodian to hold the bitcoin. The custodian may suffer a theft or loss. Maybe they're just incompetent. Maybe they're a bad actor that decides to pretend they bought BTC when they didn't. Any of these scenarios is like looking into the stuffed metal in the OP's silver bar pic. And when the discovery is made and the ETF holds far less actual bitcoin than its purported value, who do you think loses? The fund manager or the shareholders?

awesomeblindingyou

ETF decision isn't final yet? If so, it will probably be a sell the news event after the run we had a few days ago.

freakythrowaway79

What's wrong with SGOV ETF? It's certainly better than a traditional crap bank savings acct. 🤔

stories_from_tejas

I would never tell anyone to go into crypto, but not even putting it on an ETF in the stock market is crazy

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Post is by: Mission-Stomach-3751 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1qdj7vh/thursday_recap_btc_above_97k_strong_etf_inflows/ BTC pushed above $97K while price action remained relatively calm, but underlying signals were constructive. Spot Bitcoin ETFs recorded ~$753M in net inflows (the largest daily inflow since October), suggesting institutions are still accumulating rather than chasing. On the infrastructure and regulatory side, progress continues: • Visa and BVNK launched stablecoin payout infrastructure • Pakistan moved forward with USD1 integration • Germany’s DZ Bank received approval to launch a crypto platform • NYSE listed a Chainlink ETF Price may look quiet, but the ecosystem continues to build steadily beneath the surface. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

gentryb_1

low treasury vol is actually pretty bullish for risk assets in general. when bonds are stable institutions rotate into other stuff. combine that with the ETF momentum and halving effects still playing out, btc looks solid here imo

Elegant-Surprise6678

That's kinda what I do right now, I have BTC, Canadian Bank ETF, a QQQ ETF and some SP500 related ETFs.

BarbaraW_Matthews

Mostly ETF inflows, expectations of rate cuts, and the usual post-halving supply story. Big money is back, basically.

Will_Koinly

Mix of ETF inflows, 401k allocations, and macro fear trades (someone sold)

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Post is by: Animalverse and the url/text [ ](https://goo.gl/GP6ppk)is: https://animalverse.social/community/p/32017/ ⚡️ NEW: Bitwise’s spot $LINK ETF pulled $2.59M in net inflows on day one. https://animalverse.social/community/p/32017/ *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

VariatCA

Guess that helps explain why Crypto was up on a day where stocks were down as much as -1.5% and the entire Mag-7 was in the red. ETFs set another, daily-consecutive, higher-high of net inflows since early October. **+$840 Million** in net BTC inflows today (Blackrock alone was +$648M) and ETH had net inflows of +$175 Million. That's over $1 Billion worth of ETF purchasing today, and just over $2 Billion in the last 3 days. Shorts wanted *none* of that smoke today trying to go up against that sort of accelerated buying momentum.

BitcoinStrategy101

Treat it like real estate. The rich borrow off of it so they can extract cash to live off, while avoiding income taxes. Sooner or later, there will be ways to generate recurring income off Bitcoin but we'll see... at the moment, the only avenue I'm convinced that works (without lending/selling BTC) is selling far OTM call options against a IBIT ETF.

Glyzzza_

Woah strong ETF inflows usually signal real institutional demand—if this momentum holds, patience and solid fundamentals tend to win over chasing hype.

Logvin

If you really want to diversify, having a robust portfolio that includes stocks snd ETF’s is important. Maybe put a small percentage in a software company like MicroStrategy or an ETF like GBTC!

ThisCommentIsHere

I for one am 100% Bitcoin ETF in my Roth IRA, and did just invest the max amount for 2026 ($7,500)

theAerialDroneGuy

Bitcoin jumps 3.6% in 24 hours as ETF inflows and macro optimism drive price to a three-month high, signaling renewed institutional demand Institutional ETF inflows U.S. spot Bitcoin ETFs saw their largest single-day net inflows in three months, totaling about $754 million. Fidelity, Bitwise, and BlackRock led the surge. Analysts at Kronos Research and LVRG Research say these inflows are driving a structural tailwind, absorbing supply and supporting the price rally. This marks a clear return of institutional demand atter year-end caution. Macro policy speculation Traders are betting on easier monetary policy after President Trump's criticism of the Fed and speculation about leadership changes. This has fueled expectations for lower interest rates, which typically benefit Bitcoin. Analysts caution that the Fed is insulated from political pressure, but the market is reacting to the possibility of a more dovish stance.

Centmo

I think your GPT is hallucinating. Ask it to list the three largest of each. Backed by BTC (physically held ~1:1) 1. IBIT (iShares Bitcoin Trust) — $75.10B AUM  2. FBTC (Fidelity Wise Origin Bitcoin Fund) — $19.61B AUM  3. GBTC (Grayscale Bitcoin Trust) — $15.88B AUM  Not backed by BTC (futures/derivatives “paper BTC”) 1. BITO (ProShares Bitcoin Strategy ETF) — $2.17B AUM (futures/swaps; no direct BTC)  2. BITX (2x Bitcoin Strategy ETF) — $1.51B AUM (2x leveraged exposure to BTC futures index)  3. BITI (ProShares Short Bitcoin ETF) — $97.22M AUM (inverse exposure via futures-linked benchmark; no direct BTC) 

Informal-Ad220

From ChatGPT: # Spot Bitcoin ETFs vs. All Bitcoin ETFs (by assets) * In a **global snapshot of the 20 largest Bitcoin ETF products**, *spot Bitcoin ETFs* made up about **38.5 % of total assets under management (AUM)**, while *futures-based Bitcoin ETFs* held around **61.6 %** of assets.

VariatCA

97.3k was the highest price seen for Bitcoin in over 3 months, since November 14th. Just blasting out one higher-high after another since the November lows now. Confidence is returning and the momentum has shifted, and ETF inflows approached nearly a billion dollars yesterday.

BusyBeeTC2012

in past cycles you usually see BTC chill or top out, then money starts leaking into alts. And right now the market isn’t nuking, it’s kinda just sitting there tbh lol. That does look like the kind of setup we’ve seen before an alt run. But every cycle also finds a new way to screw expectations. Macro, ETF flows, regulations, random black swans and all of that can change the script of cycles pretty fast. So yeah, the vibes are somewhat similar to previous alt season but it could just as easily turn into months of chop or another fake out.

just4crypt

ImHo, no. Bitcoin is supposed to be digital gold right? Well if gold has its own previous cycle it makes sense for BTC to have its own too. In times like this I always try to remember my emotions.. Remember how everything already "aligned" last year? Trump, ETF, Rate cuts, etc. But still, BTC dumped the way it did. Of course all of this is just speculation, but for me, the 4-year cycle holds until proven otherwise. I'm just not gonna assume/claim that it's not applicable anymore coz "this time it's different"

ImperialPotentate

That would be nice. I have the cash from my 2026 TFSA (Canadian Roth IRA) contribution just sitting there in the account, and was going to add to my Bitcoin ETF but it's above my average cost right now. $80-85K would let me add and knock average down significantly which would be nice. Actually anything under $90K would have the same effect, but I've been holding out for dip.

NiknameOne

It is reckless. I would put at least some of my Bitcoin holdings into an ETF. By far the safest investment vehicle and estate planning is no issue at all. Personal I only hold ETFs and sleep well.

fizikxy

By that logic investing in an index ETF is also gambling. Hell, every investment is a gamble. You‘re still saying it‘s luck. Are professional poker players only the luckiest people alive?

VariatCA

Another "higher high" for daily ETF inflows since early October. **+$753.8 Million** in Bitcoin inflows today, and +$130M for ETH. This surpasses the previous daily "higher high" of +$697M just last week on January 5th.

RoutinePrice446

Oh I see. Now if only I could get rid of the ad for the double leveraged xrwhatever ETF at the top of the daily thread...

Due-Bookkeeper-2001

It’s a 100% Equity World Market ETF not an alt coin

devCheckingIn

Pretty good day ETF-wise.

Dramatic-Tackle-792

It's never a pump, a pump is followed by a dump. Big money is flushing out leverage. After the price goes down they buy in backroom deals. Setting up ETFs to offer clients in retirement accounts takes a huge amount of work. It's work done by the board of directors, actuaries, compliance officers, lawyers, programmers, advertisers, PR agents, etc. It's a massive undertaking for major banks like Wells Fargo, Citi and JP Morgan. That's why we're crab-walking. Institutions are quietly accumulating and they want to control the price in a tight range for as long as possible. Once they accumulate all they can as cheap as they can they can slowly increase the price for 20 years and make lots of lovely money on fees. Five countries have announced investment in bitcoin for national banks and pension funds. Three global banks have launched ETF. That whole time the price has flatlined. It makes NO sense when you look at the block chain and exchange activity, unless billions of dollars are being invested. People do not invest billions of dollars on a whim. There's a plan in place. For the love of God, hodl! Hodl on for dear life!

jaivancer

You can buy a bitcoin ETF like FBTC inside your Roth IRA

EyesFor1

It depends on when the person first bought BTC. Last year or 2024, they might question it but they're new. Before that, nah they are happy. Ignoring that, the reasons to buy BTC are the same as they were when the 1st block was mined. BTC is bigger today than ever before. Network is bigger, hash rate is bigger, institutional adoption is growing, ETF's, BTC treasury companies, nation states, banks, BTC backed loans etc etc. Don't fixate on the price. The people in Iran buying BTC last night think it's saved their financial future. And it did.

asherlevi

January ‘25 to January ‘26, BTC down almost 4%. Compare to the S&P being up 20% during the same period. So, at year end, folks looked at their portfolio and said ‘let me get out of this position’. This is a post about ETF liquidity, and that’s why ETFs holders are dumping right now, it’s not been a good investment over the last 12 months.

North_Difference328

Interesting I thought the entire point of BTC was to be outside.gov control. You're proving my point that it shouldn't have been an ETF and is papered

asherlevi

It’s an ETF, it is under government control. And some people actually enjoy making money instead of losing it. Step outside of your bubble into the real world. People have kids, they have homes that require money.

Academic_Attorney996

All these damn ETF paper Bitcoin, whereas other countries are accepting physical Bitcoin( the real deal). UAE and other countries seem to be winning in the Bitcoin race.

North_Difference328

There farming us for liquidity. I expect it to follow tax cycles. Pump throughout the year until about tax time, sell off for profit then rebuy. I know we were hoping for ETF's to take us to the moon but I think it just helped paper BTC like paper gold.....manipulation

Cptn_BenjaminWillard

Because a lot of consumers are not savvy enough to be able to keep their coins secure. An ETF takes care of that for you. Sure, I wish everyone in the world held actual BTC rather than ETF's. But I also wish that it wasn't so easy for non-technical people to get scammed.

AD1AD

Ah yes, the centralized source of truth used for all cryptocurrency consensus, the US ETF :D

Ok_Budget9461

I get the bearish thesis, but this feels more like bias-first, structure-second. A few points: • Calling an “inevitable” breakdown from an ascending wedge without confirmation is jumping the gun. Wedges fail both ways more often than people admit. • Comparing every weekly setup to March 2022 ignores context: liquidity, ETF flows, and market structure are very different now. Similar indicators ≠ same outcome. • RSI/MACD divergences can persist for months on higher TFs. They’re warnings, not timing tools. Also, “down until the end of 2026” is a very strong claim without invalidation levels. Markets don’t move on narratives, they move on acceptance and liquidity. For me, this is still a range / distribution vs continuation debate. If higher timeframes lose key weekly levels, sure, downside opens. Until then, I’d rather react than predict a multi-year move. Happy to be proven wrong too — but I prefer letting price confirm before committing to a long-term bearish scenario.

jekpopulous2

Because an ETF has several advantages over using a CEX. For one you’re protected by SIPC up to $500k - so if the custodian turns out to be insolvent (see FTX) you’re covered. You can also hold an ETF in an IRA or 401(k) so it’s better for tax purposes. I personally self custody but for those who just want some BTC / ETH exposure in their portfolio ETFs are a great option.

j4_jjjj

Explainwhy you'd buy ETF over actual BTC

CryptoDeepDive

I don't think a BTC ETF is stupid at all. But buying MSTR definitely is.

j4_jjjj

Like the worlds worst BTC ETF, which already are stupid af

VariatCA

Took a nice little weekend getaway, and it's great to come back to see that we were green for the weekend, and are still green for today! Looks just like the pattern we were seeing on other large ETF-inflow days, where they went on a shopping spree as soon as the U.S. markets opened. Looks like nothing changed in these Dailies though. Another night of hundreds of doom & gloom posts about 1% fluctuations, only to see yet again how fast the markets can swing back around. Don't let impatience and fleeting-comparisons distract and deject you.

Kl4ploper

People are realising that basically only btc/eth maby some of the first 10 coins a worth investing, the rest are just meme coins. The whole etf situation is just for the banks making money of dumb people. People think when there is an ETF of sertain coins, that they believe in the tech, so worth investing, but basically the banks are laughing at them.

DistributionOwn8708

10x in 10 years is what you get with some ETF or stocks, it isn't really that much 

brando2131

If the purpose of this post is to "get some insight into other people's ideas" as you said, well I'll explain why the ideas behind Bitcoin purists are sound and not "silly". By storing it in an ETF (or other crypto exchanges), you've defeated the actual purpose of Bitcoin... therefore Bitcoin becomes a bit more useless, and silly, each time someone does this. Satoshi may as well created CasinoCoin where you buy in and he holds your coins in an excel spreadsheet. Because that's what you have now, but instead of Satoshi it's Blackrock, and instead of a spreadsheet, it's a website and database. If the only reason for X is to make money, and it has no other intrinsic properties, then it's truly useless.  Bitcoin is not useless because it's.. you've heard it before.. decentralized, peer-to-peer, permissionless, but now you've just undermined all those properties that gave Bitcoin any intrinsic value. So you can hope more people don't keep doing this, so at least Bitcoin will have some value for some people, and not be completely undermined.

pop-1988

Bitcoin is decentralized in its node network. Decentralization or centralization of ownership is irrelevant. Ownership of coins does not affect control of the protocol The great irony in all this tradfi worship is that the coins are still held on the Bitcoin blockchain, and custody still requires a wallet. Nobody should trust that these fee-sucking institutions are competent to avoid losing their wallet keys. When that happens, no refunds for ETF investors

coinfeeds-bot

tldr; South Korea's Financial Services Commission (FSC) has reportedly ended a nine-year ban on corporate cryptocurrency investments. New guidelines allow listed companies and professional investors to allocate up to 5% of their equity annually to the top-20 cryptocurrencies by market capitalization. This move is part of South Korea's broader economic strategy, including stablecoin legislation and crypto ETF approvals. Critics argue the 5% cap is too restrictive compared to other regions like the US and EU, which impose no such limits. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

GinormousHippo458

Do you __really__ think these shrewd assholes are good for Bitcoin?? They desire to capture Bitcoin inside fiat, by their decree and to their enrichment. We know exactly how disgustingly our politicians speak of us, and take us for fools given their absolutely impermissible and treasonous behavior. They can't prove they represent us is any way, given the absolutely shitty outcomes we suffer under both parties. They hate Bitcoin because it's impossible to tax an unconfiscatable currency. Can you survive fiat inflation given the upcoming AI jobs purge? Anybody using an exchange or an ETF is likely to learn a hard lesson of "not your keys".

word-dragon

Solo 401k can buy bitcoin. 401ks are allowed to, but I don’t think any corporate ones do. Suspect the closest you’ll get is an ETF, if that.

Equivalent-Tip-3084

If you are going ETF then I would suggest FBTC. If you want to earn $ the. BTCI sells covered calls on Bitcoin.

BaldBear_13

ETF fees are cheaper than cost of the cold wallet device, given the limited amount I am willing to invest.

Get_the_nak

”Most people” does not have the most money. Also ETF:s. When pension funds get in, then you will see.

BaldBear_13

I agree we are unlikely to get big bull run like in the old days #1 is totally true. Everybody knows about bitcoin now. We will get more people piling in once it starts growing again, but everybody will be watching for peak, and plenty of people who bought at $120K will bail out once they can get their money back. Further, Even on this sub, every time a new person asks to get in, the answer incudes "watch out for scams". Plenty of people know somebody who was scammed "by bitcoin". Finally, the easiest way for conventional investor is is an ETF, but that means people can easily move money to stocks or bonds once anything goes wrong.

RetiredAvocado

CZ says means nothing. Banks buying ETF to shove into their own ETF isn't "banks accumulate bitcoin."

pcm2a

If you bought IAU gold ETF on Jan 11 2024, when the Bitcoin ETF launched, you would have made 121%. If you bought the bitcoin ETF instead you would be up 97%. If bitcoin gets back to all time high you will be up 173%. So overall the gold investment would have been pretty good?

Equivalent-Tip-3084

ETF skims your BTC in fees, and usually is letting someone else hold the Bitcoin. Learn to use a cold wallet. Trezor is extremely easy if you have a PC. Just remember to never click on anything from an email, even if it looks like Trezor sent you an email. In fact you should never give Trezor you email either. 

BaldBear_13

I am waiting for it to start growing again. And it will be an ETF, I do not know enough computers to install self-custody, and do not trust bitcoin "banks"

Amber_Sam

Welcome aboard. We all have been where you're at right now. Read/bookmark this guide and make sure to learn along your journey. Congrats on the move, it's never too late, [despite new people thinking otherwise](https://old.reddit.com/r/Bitcoin/comments/rskpuf/i_have_only_600_bitcoinsi_missed_the_bus/). ONLY INVEST MONEY YOU CAN AFFORD TO LOSE. Invest in your knowledge, learn about Bitcoin as much as you can. The Bitcoin Standard book is a must read. So is Broken Money by Lyn Alden. Also, **don't reply any DMs**, emails, private messages on other social media, promising to buy Bitcoin from them or get rich quick by investing into some website. They all are scammers. Even the hot Asian chick, he's a scammer too. **Price wise, nobody knows what the price will be tomorrow, next week or at the end of the year.** **Try "Bitcoin ONLY" strategy for at least the first 210,000 block cycle**, you'll sleep much better. Newcomers lose so much money, holding garbage tokens just because someone on YT told them to. If you don't like losing money in [failed coins](https://www.coingecko.com/research/publications/how-many-cryptocurrencies-failed), avoid. Going DCA is probably the best approach, IMHO. Once a week works best for me, but I'm getting paid weekly. If there's a 10% drop in the price since my last buy, I usually double my buy. This [DCA calculator](https://dca.bitnob.com/) might help to decide what will work best for you. In a few years, even $10 dollars a month can make a massive difference. This [DCA blog](https://er-bybitcoin.com/) is pretty interesting too and compares buying bitcoin VS stocks. Now, don't buy some fake bitcoin at a spot ETF place or similar, **get the real thing** that you can withdraw anytime you want. Register at a proper exchange and buy real Bitcoin. Any of these will do [https://bitcoin-only.com/get-bitcoin](https://bitcoin-only.com/get-bitcoin) Install (or buy - in case you're getting Bitcoin in Thousands of $) one or more of these wallets. **A few good wallet choices:** [https://blockstream.com/green/](https://blockstream.com/green/) \- Top Security Features, Open Source and Non-Custodial [https://bluewallet.io](https://bluewallet.io/) \- excellent, easy to use wallet, Open Source and Non-Custodial [https://www.sparrowwallet.com](https://www.sparrowwallet.com) - top desktop wallet [https://electrum.org](https://electrum.org/) \- Solid choice, Open Source and Non-Custodial, one of the oldest and most trusted Bitcoin Wallets. I prefer the desktop version but it works on mobile too. **Lightning wallets** to consider (cheaper and faster transactions, great for small amounts): [https://phoenix.acinq.co/](https://phoenix.acinq.co/) \- Phoenix - very good wallet, uses Tor for extra privacy, easy for anyone new [https://blixtwallet.github.io/](https://blixtwallet.github.io/) \- Blixt - great UI, fast and clean. The app runs a full LND node on your phone and you have the ability to easily open channels to whatever nodes you like. [https://zeusln.com/](https://zeusln.com/) Zeus - impressive wallet with many features, can even generate Nostr keys [https://breez.technology](https://breez.technology/) \- Breez - excellent POS for small business owners as well as integrated Bitrefill Note: Breez does also a hybrid liquid/LN wallet called Misty Breez - the sats being on liquid means no need for channels although the payments take a few extra seconds. You'll also can get a free customable LN address. While talking about hybrid wallets, there's also Aqua Wallet although not IMHO as good as Misty Breez. There are also custodial LN wallet but I would honestly avoid using them because you have to trust the wallet operator not to steal your money. Their only advantage is that they are incredibly easy to use, although it might cost you big one day. To keep up to date with spending wallets, visit r/TheLightningNetwork at least once a while and perhaps r/RGB in the future. **Hardware Wallets** (to store larger amounts): [Trezor](https://trezor.io/) \- Easy to use, no matter how new in Bitcoin you're. Use the Bitcoin only firmware as it's safer than a multi coin software. [ColdCard](https://coldcardwallet.com/) - air gapped, Bitcoin only, has advanced features but a new user will do fine with one of the great tutorials available. [BitBox02](https://bitbox.swiss/bitbox02/bitcoin-only/) - another great little device, opt for the more secure Bitcoin ONLY version (less coins = less code = less chance for a hidden bug or a backdoor) [Jade](https://blockstream.com/jade) - air gapped, fully open source, Bitcoin only, great features. There's a newer version called Jade Plus, it has much better camera and overall is a better, although a bit more expensive, option. You can even [build it on your own](https://github.com/Blockstream/jade/), if you feel adventurous. [Seedsigner](https://github.com/SeedSigner/seedsigner) - another DIY, fully open source, air gapped, Bitcoin only hardware wallet, not for you if you're just starting up but something to consider later. [Krux wallet](https://selfcustody.github.io/krux/) - one more DIY hardware device, I love this one for many reasons. Similar to Seedsigner, it's fully open source, air gapped, Bitcoin only hardware wallet, that is not for you right now if you're just starting up, but something to consider at a later stage and/or to up the security of your bitcoin. There's also Ledger, but I wouldn't recommend it as it's not fully open source, keep and already leaked customers' details, recently said they're capable of sending customers' keys out just with a firmware update, etc. **Stay away**, save yourself a headache in the future. Whatever wallet you'll decide to buy, purchase DIRECTLY from the manufacturer, no eBay, no Amazon. Make sure the device is NOT preset, and you will generate your own seed words. Write them down on any piece of paper as well as the receiving address. Now wipe the wallet and generate a new wallet. If the seed words are different from the first set, you're safe to use it. Find an option to set a passphrase and use it. This will boost the security to another level. Never store the seed words and passphrase together. Use a different medium if possible. If somebody finds both, they'll be able to steal your coin. This little device will hold the keys to your money, that's the reason why you have to be a bit more careful. Also, no worries, if it breaks, you can replace it - as long as you keep your seed words and passphrase(s) safe. Welcome to the rabbit hole and don't hesitate to ask if you have any questions anytime during your Bitcoin journey. Also, [check the sidebar](https://www.reddit.com/r/Bitcoin/about) that's filled with lots of great info and if you have any questions, visit r/BitcoinBeginners or r/Bitcoin and look for the answers.

AutoModerator

Post is by: Primary-Branch-7754 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1q9wpmj/multitimeframe_analysis_crosssource_synthesis_and/ TL;DR • Bitcoin is consolidating after the Q4 drawdown, moving mostly between $88k and $94k, with price hovering near $90k. • Spot BTC ETF flows have flipped from strong inflows to a multi-day outflow streak, and this remains the main short-term drag. • On-chain signals point to early stabilization, but significant overhead supply continues to cap upside attempts. • Base case: range-bound conditions persist until ETF flows turn decisively positive or key support gives way. ⸻ Market Snapshot • Spot BTC: ~$90k • Context: Still well below the October 2025 peak above ~$126k • Regime: Range-bound market, with volatility driven largely by ETF flow pulses ⸻ Multi-Timeframe Technical Analysis Daily (1D) – Short-Term Implication: Mean reversion dominates. False breakouts are likely. • Price recently rolled over from the ~$94–95k area back toward ~$90k. • Pullbacks have closely tracked days of ETF outflows. Key levels • Support: $88k–$90k • Resistance: $94k–$95k • Psychological magnet: $100k ⸻ Weekly (1W) – Structural Context Implication: This looks like a repair phase, not a confirmed uptrend. • On-chain data shows early signs of stabilization. • A large band of overhead supply still sits above current prices, limiting breakout odds. • ETF flows remain choppy, creating whipsaws rather than sustained direction. ⸻ Monthly (1M) – Macro View Implication: The broader bull cycle is intact, but digestion is ongoing. • The drawdown has been milder than in previous cycles, consistent with a maturing market. • Historically, milder drawdowns tend to resolve through longer sideways ranges, not sharp V-shaped recoveries. ⸻ Cross-Source Synthesis: What Actually Matters 1. ETF Flows as the Marginal Buyer • Strong inflows dominated early January. • Those were followed by several large outflow days that erased progress. • Until flows stabilize, most rallies are vulnerable to selling. ⸻ 2. On-Chain Signals: Stabilizing, Not Expanding • Profit-taking pressure has eased. • Price remains below key recovery thresholds. • Overhead supply still needs to be absorbed before a durable uptrend can develop. ⸻ 3. Derivatives: Optimism Without Confirmation • Options markets show interest in $100k calls. • Derivatives can anticipate moves, but spot demand and flows must confirm. ⸻ Playbook: What to Do Next Base Operating Assumptions • Base case: Continued consolidation between $88k and $95k • Bull case: ETF inflows return and price holds above the top of the range • Bear case: The range floor breaks alongside persistent outflows ⸻ Tactical Rules (Next 2–3 Weeks) If BTC trades between $88k and $92k • Accumulate only if ETF outflows are slowing or neutral • Use laddered entries • Avoid leverage If BTC trades between $92k and $95k • Treat this as a mean-reversion sell or trim zone • Do not chase breakouts without flow confirmation If BTC breaks and holds above ~$95k Confirmation requires both: • Consecutive days of positive ETF flows • Multiple daily closes above resistance Only then does it make sense to shift from range tactics to trend-following. If BTC loses $88k • Expect downside exploration • Reduce tactical exposure • Wait for stabilization and volatility compression before acting again ⸻ Strategic View (1–3 Months) Conditions for a Bullish Repair • Sustained ETF inflows, not isolated days • Reclaiming and holding above major overhead supply zones • Clear spot-led demand confirmation Conditions for Bear Market Confirmation • A clean breakdown of the consolidation range with failed reclaim attempts • Persistent weekly ETF outflows • Renewed on-chain distribution pressure ⸻ Probabilities (Scenario-Based) Next 2–4 Weeks • Up: 40% • Down or sideways-to-lower: 60% Next 3 Months • Up: 55% • Down: 45% (Confidence: Medium to Medium-Low) ⸻ Minimal Weekly Dashboard Focus only on signals that move the needle: 1. Net flow trends in US spot BTC ETFs 2. Weekly on-chain commentary, especially overhead supply and recovery levels 3. Price behavior relative to the $88k–$95k range 4. Options activity around $100k, as sentiment, not confirmation ⸻ Final Take Bitcoin is consolidating after a Q4 reset. ETF outflows skew short-term risk to the downside, while on-chain data suggests early stabilization without clear breakout conditions. Best approach: Treat this as a range until flows flip. React to confirmation, not prediction. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

coinfeeds-bot

tldr; Two years after the approval of spot Bitcoin ETFs by the SEC in January 2024, the Bitcoin market has seen a significant shift in liquidity dynamics. ETFs have attracted $56.63 billion in net inflows, with BlackRock's product dominating the market. This transition has moved Bitcoin from a crypto-native trading environment to a mainstream institutional framework, making it accessible to traditional investors. The ETF era has also concentrated liquidity and reshaped market behavior, cementing Wall Street's influence on Bitcoin's pricing and distribution. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

WiseSilverWolf

I feel like the best times are behind us, the early adopters made their money and dumped on retail. Now the crypto market is controlled by whales, exchanges, token devs, and big ETF's.

azblazer007

Ok so blackrock owns all the etf's I thought consumers bought the black rock ETF. Also smart money sells the top and buys the bottom. But I love Bitcoin not trying to upset you. Also not 18 but get what you're hoping for. No hate at all from me.

azblazer007

Why is it easier to sell etf's imo. Plus not true BTC believers buying the ETF. They will be the first to dump.

Ok_Cancel_7891

Dev team disagreed with the CEO about zcash wallet funding and decided to walk away (and to continue development without them). Not much, I would say. Regarding pump & dump opinions, I would say that since Grayscale applied for zcash ETP on 28th Nov and for zcash ETF on 28th Dec, there are no reasons to leave the project by the dev team

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Post is by: Decarz and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1q9bdac/btc_surge_is_predicted_for_2026/ CZ Predicts Super Cycle For Bitcoin In an X post, the Binance founder said that a super cycle was incoming for BTC and the broader crypto market. CZ’s statement came in response to news that the SEC removed crypto from the 2026 priority risk list, which is bullish for the markets. In an earlier X post, he also highlighted how U.S. banks have been accumulating Bitcoin while retail investors were panic-selling. Specifically, Wells Fargo had revealed a purchase of $383 million worth of Bitcoin ETF shares. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

No_South_9912

BTC, ETH, SOL are "Fidelity Approved" ETFs. When a major investment company is in the game, those are "investment grade" coins. There are also small company ETFs for a few other coins such as XRP. Even if you don't buy through ETFs, it's something to consider. DOGE is the only memecoin I know of with an ETF.

NorwoodFriar

I wouldnt go all in on crypto. Btc is at 3k now. The risks no longer outweigh the gains in my humble opinion. I would do a spy ETF and if you still want put some in crypto (btc) but not all

BitcoinMD

I only hold alts through the NCIQ ETF. I have no idea how they’ve done.

No-Delivery-7048

I wouldnt go all in on crypto. Btc is at 93k now. The risks no longer outweigh the gains in my humble opinion. I would do a spy ETF and if you still want put some in crypto (btc) but not all

DryMyBottom

do we really need an ETF for all the crypto now?

piggleii

ETF outflow even during the weekend?

dweeegs

Don’t think BTC ETF’s can get going again until metals take a pause. There’s a new hot momentum trade in town

dweeegs

One of the things that made MSTR attractive to buyers was that a lot of institutions or funds could not own crypto, so MSTR was their way to get exposure. Additionally, there’s a big chunk of the population that will never transact with it, but wanted to own it. Enter MSTR, which they could buy on their brokerage MSTR is still semi valuable because of how liquid its option chain is. It’s usually in the top 5 or 10 every day in terms of contracts traded. Large hedge funds or institutions can’t hedge with other things like IBIT because the liquidity and contract sizing isn’t there. As an example, on Tuesday I saw a single trade sell $55M calls in MSTR for February. That same trade on IBIT, which is the most liquid ETF, at the same delta would be around 200,000 contracts. That’s 15-20 times the total open interest right now. And that was a single trade of ~20,000 contracts out of the millions that get traded on MSTR. So MSTR ends up being the instrument used to hedge Bitcoin positioning All this to say, I kind of understand why MSTR got popular, why it’s still semi-popular, and why it gets crushed especially hard during downturns or goes up faster during sustained bull runs, because it’s *the* hedging mechanism From the operations perspective, shares below NAV is dumb. But if you’re only issuing above, and buying back below, then you’re basically telegraphing that your ceiling will be the NAV. And at that point you might as well buy a spot ETF I wouldn’t buy a BTC DAT, or any DAT, but think MSTR is a special case because of its liquidity and why it actually gets used. So I actually expect that to have a NAV above 1 naturally during bull markets, just like it gets its face ripped off during bear markets So it’s a Ponzi that has an actual goal that has nothing to do with itself lol

Dramatic-Tackle-792

The range is for the last few weeks feels artificial. The end of the year was a leverage flush. The big deals are not done on exchanges. It's massive OTC and ETF deals being done by major financial institutions who are suppressing the price so they can buy cheap. The news has been bullish AF for months the the price has plateaued. Look at the raw data from the blockchain and you'll see the patterns. Big money is going all in but on the DL.

coinfeeds-bot

tldr; Bitcoin is attempting to maintain its position around $90,000 amid economic uncertainty and mixed market signals. Analysts predict that Bitcoin may trade within a narrow range over the weekend, with potential sideways or downward movement due to low trading volume. Factors such as ETF outflows, delayed Supreme Court decisions, and upcoming inflation reports contribute to market uncertainty. Some analysts remain optimistic, suggesting that if Bitcoin holds its 21-day moving average, it could reclaim $94,000. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

21Bullish

This is really going under the radar--it's massive. Morgan Stanley manages roughly 20 ETFs, but almost all of them sit behind sub-brands like Calvert, Parametric, or Eaton Vance. This bitcoin product will be only the third ETF in history to actually bear the "Morgan Stanley" brand.

Mediocre-Quantity915

I am nobody, but I think you should reconsider your position. Take a look at the ETF’s companies such as Franklin Templeton, Canary Capital is offering. They bought XRP and packaged it, and selling to customers 20:1. 20 or more coins is 1 coin for their customers. They are winning and will continue to win big. All of the YouTubers are giving people false hope and when things don’t pain out based on that hope, investors in the coins want to jump ship. This is a different beast than the number one coin, but it is gaining traction and hate just like the number one coin. If you don’t need the money right now, just keep holding, while investing in other things.

songbolt

that's a 'who will be left holding the bag' speculation, assuming someone will want to buy that ETF from you when you want cash for something

TapAdministrative127

Thank you for sharing this. What really resonates with me about Bitcoin is that it forces us to go back to the basics and ask fundamental questions: what is money, and what is actually happening to it in the world today? Bitcoin pushes us to understand how the modern monetary system works, where it might be heading, and how much responsibility we want to take in relation to it. In that sense, it reminds me a lot of health and nutrition. When someone faces a health issue that doctors can’t easily solve, it often forces them to take responsibility — to understand how their body works, what kind of environment and lifestyle they’re creating for it, and how to support health instead of outsourcing every problem to pills or quick fixes. Bitcoin creates a similar shift. Whether through self-custody, an ETF like BlackRock’s, or a centralized custodian, the key change is awareness and responsibility — consciously understanding what is happening with our money rather than delegating that understanding entirely

Medium_Change4574

I mean the 4 year cycle is probably the furthest to astrology out of all patterns. It's not far off from simply "BTC went up in the past so we believe it will continue to do so" imo And if you consider all the narratives some people come up with that suggest the selling pressure should end, "tax harvesting is over", "cyclists are gone", MSCI decision, ... a flat ETF start doesn't mean it continue that way but it's not a strong start into the year either

LargeSnorlax

Honestly, this 91k chop range is wildly above where I thought we'd be at this part of the cycle. Figured we'd be in the 70s by now just above ETF entry height.

Disraelo2

Just buy ETF that is crypto-mining based. Don’t invest the whole money into it at all once. Just invest 500 dollars in every week or every dipping. Other options: spread out the sheets to invest in like buy 10 different kind of tokens. Invest the whole of money is not good idea. You need a minimum loss. Maybe invest 30% of your whole amount into 10 crypto coins.

Amber_Sam

Bitcpay is a no no. I prefer weekly buys because I get paid weekly. Read/bookmark this guide and make sure to learn along your journey. Congrats on the move, it's never too late, [despite new people thinking otherwise](https://old.reddit.com/r/Bitcoin/comments/rskpuf/i_have_only_600_bitcoinsi_missed_the_bus/). ONLY INVEST MONEY YOU CAN AFFORD TO LOSE. Invest in your knowledge, learn about Bitcoin as much as you can. The Bitcoin Standard book is a must read. So is Broken Money by Lyn Alden. Also, **don't reply any DMs**, emails, private messages on other social media, promising to buy Bitcoin from them or get rich quick by investing into some website. They all are scammers. Even the hot Asian chick, he's a scammer too. **Price wise, nobody knows what the price will be tomorrow, next week or at the end of the year.** **Try "Bitcoin ONLY" strategy for at least the first 210,000 block cycle**, you'll sleep much better. Newcomers lose so much money, holding garbage tokens just because someone on YT told them to. If you don't like losing money in [failed coins](https://www.coingecko.com/research/publications/how-many-cryptocurrencies-failed), avoid. Going DCA is probably the best approach, IMHO. Once a week works best for me, but I'm getting paid weekly. If there's a 10% drop in the price since my last buy, I usually double my buy. This [DCA calculator](https://dca.bitnob.com/) might help to decide what will work best for you. In a few years, even $10 dollars a month can make a massive difference. This [DCA blog](https://er-bybitcoin.com/) is pretty interesting too and compares buying bitcoin VS stocks. Now, don't buy some fake bitcoin at a spot ETF place or similar, **get the real thing** that you can withdraw anytime you want. Register at a proper exchange and buy real Bitcoin. Any of these will do [https://bitcoin-only.com/get-bitcoin](https://bitcoin-only.com/get-bitcoin) Install (or buy - in case you're getting Bitcoin in Thousands of $) one or more of these wallets. **A few good wallet choices:** [https://blockstream.com/green/](https://blockstream.com/green/) \- Top Security Features, Open Source and Non-Custodial [https://bluewallet.io](https://bluewallet.io/) \- excellent, easy to use wallet, Open Source and Non-Custodial [https://www.sparrowwallet.com](https://www.sparrowwallet.com) - top desktop wallet [https://electrum.org](https://electrum.org/) \- Solid choice, Open Source and Non-Custodial, one of the oldest and most trusted Bitcoin Wallets. I prefer the desktop version but it works on mobile too. **Lightning wallets** to consider (cheaper and faster transactions, great for small amounts): [https://phoenix.acinq.co/](https://phoenix.acinq.co/) \- Phoenix - very good wallet, uses Tor for extra privacy, easy for anyone new [https://blixtwallet.github.io/](https://blixtwallet.github.io/) \- Blixt - great UI, fast and clean. The app runs a full LND node on your phone and you have the ability to easily open channels to whatever nodes you like. [https://zeusln.com/](https://zeusln.com/) Zeus - impressive wallet with many features, can even generate Nostr keys [https://breez.technology](https://breez.technology/) \- Breez - excellent POS for small business owners as well as integrated Bitrefill Note: Breez does also a hybrid liquid/LN wallet called Misty Breez - the sats being on liquid means no need for channels although the payments take a few extra seconds. You'll also can get a free customable LN address. While talking about hybrid wallets, there's also Aqua Wallet although not IMHO as good as Misty Breez. There are also custodial LN wallet but I would honestly avoid using them because you have to trust the wallet operator not to steal your money. Their only advantage is that they are incredibly easy to use, although it might cost you big one day. To keep up to date with spending wallets, visit r/TheLightningNetwork at least once a while and perhaps r/RGB in the future. **Hardware Wallets** (to store larger amounts): [Trezor](https://trezor.io/) \- Easy to use, no matter how new in Bitcoin you're. Use the Bitcoin only firmware as it's safer than a multi coin software. [ColdCard](https://coldcardwallet.com/) - air gapped, Bitcoin only, has advanced features but a new user will do fine with one of the great tutorials available. [BitBox02](https://bitbox.swiss/bitbox02/bitcoin-only/) - another great little device, opt for the more secure Bitcoin ONLY version (less coins = less code = less chance for a hidden bug or a backdoor) [Jade](https://blockstream.com/jade) - air gapped, fully open source, Bitcoin only, great features. There's a newer version called Jade Plus, it has much better camera and overall is a better, although a bit more expensive, option. You can even [build it on your own](https://github.com/Blockstream/jade/), if you feel adventurous. [Seedsigner](https://github.com/SeedSigner/seedsigner) - another DIY, fully open source, air gapped, Bitcoin only hardware wallet, not for you if you're just starting up but something to consider later. [Krux wallet](https://selfcustody.github.io/krux/) - one more DIY hardware device, I love this one for many reasons. Similar to Seedsigner, it's fully open source, air gapped, Bitcoin only hardware wallet, that is not for you right now if you're just starting up, but something to consider at a later stage and/or to up the security of your bitcoin. There's also Ledger, but I wouldn't recommend it as it's not fully open source, keep and already leaked customers' details, recently said they're capable of sending customers' keys out just with a firmware update, etc. **Stay away**, save yourself a headache in the future. Whatever wallet you'll decide to buy, purchase DIRECTLY from the manufacturer, no eBay, no Amazon. Make sure the device is NOT preset, and you will generate your own seed words. Write them down on any piece of paper as well as the receiving address. Now wipe the wallet and generate a new wallet. If the seed words are different from the first set, you're safe to use it. Find an option to set a passphrase and use it. This will boost the security to another level. Never store the seed words and passphrase together. Use a different medium if possible. If somebody finds both, they'll be able to steal your coin. This little device will hold the keys to your money, that's the reason why you have to be a bit more careful. Also, no worries, if it breaks, you can replace it - as long as you keep your seed words and passphrase(s) safe. Welcome to the rabbit hole and don't hesitate to ask if you have any questions anytime during your Bitcoin journey. Also, [check the sidebar](https://www.reddit.com/r/Bitcoin/about) that's filled with lots of great info and if you have any questions, visit r/BitcoinBeginners or r/Bitcoin and look for the answers.

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Post is by: No_Papaya_9754 and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1q85hxg/bitcoin_btc/ **\* BTC holds near $91,000, consolidating between $89,200 support and $95,000 resistance.** **\* Markets await Trump tariff ruling, which may trigger short-term volatility.** **\* JPMorgan & ETF flow data suggest the recent sell-off could be near a bottom.** **\* Some analysts still call BTC undervalued, but note no strong upside catalyst yet** *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

Medium_Change4574

$1B in net ETF outflows just over the last 2 days. But I was told that "the 4 year cyclists are already gone now"? In reality, people that believe in the supercycle hopium are still using every opportunity to offload their bags.

poggerslol

Since you’re Canadian and you’re already on wealthsimple, consider buying IBIT in your TFSA, it’s an ETF that tracks BTC with little fees. That way you can avoid the capital gains tax when exiting. Also those fees will end up being less than the transfer fees you will incur when moving your BTC to your private wallet. Your other option would be to completely ditch wealthsimple and go the cold wallet route if you care about “owning” your BTC and if you’re worried about currency collapsing.

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Post is by: steyMorgan and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoMarkets/comments/1q810og/market_temperature_the_2027_holding_pattern/ If the charts look like they’re flatlining, it’s because the market is currently in a classic liquidation flush. After a brief New Year rally, we are seeing a "wait-and-watch" atmosphere as traders digest major macro headlines. The Snapshot Bitcoin ($BTC): Hovering around $91,000. It’s rejected $93k three times this week; we need a solid close above that to flip the script. Ethereum ($ETH): Holding at $3,100. It’s lagging but stable, waiting for a broader market push to test $3,250. Sentiment: "Neutral" to "Fear." Total market cap is steady at $3.1T, but volume is down as people move to the sidelines. Why the Chop? Macro Pressure: Today’s US Jobs Report and the impending SCOTUS decision on global tariffs have institutional players sitting on their hands. ETF Cooling: After a massive $1.2B inflow streak, we saw a modest $243M outflow this week. It’s not a crash, just a healthy breather. The Venezuela Narrative: Ongoing geopolitical friction is causing mixed signals—acting as a "safe-haven" catalyst for BTC while simultaneously suppressing general "risk-on" appetite. The Silver Lining Despite the boring price action, the "plumbing" is strong. Exchange supply is at 13.7%—the lowest since 2018. People aren't selling; they’re just waiting. The Verdict: We’re in a consolidation zone. Watch the $90k support closely. If it holds through the weekend, the path to $100k remains the Q1 goal. Are you buying this chop, or waiting for $93k to break? Disclaimer: Not financial advice. Would you like me to focus the next update on a specific sector, like memecoins or the SOL ecosystem? *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoMarkets) if you have any questions or concerns.*

VariatCA

Hopefully the markets can end the work-week on a strong note tomorrow. US Futures bombing down -1% last night dragged us down alongside it as short-volume moved in, but we're basically back to where we were yesterday as the S&P climbed back to a flat day (though Tech was still down today, and is down over the last 5 days). It'll be a few hours until Blackrock's ETFs report, but it looks like ETF outflows today were pretty well-absorbed by the markets as well. Fidelity (FBTC) customers in particular have sold around $680M worth in just 3 days, which amounts to ~5.5% of their entire fund as of Tuesday.

Kakkarot1707

My portfolio: 35% bitcoin, 10% stock / ETF / 401k, 55% physical assets (collectibles, property, etc…) YOU MUST diversify my man….im a STRONG believer in bitcoin superiority, but you need to diversity. Trust me

BaldBear_13

nobody knows what will happen. For price to fall, there will have to be some bad news, like Strategy liquidating, or another major exchange folding. Likewise, rapid growth will require some positive news, like new legislation or acceptance by some large corporation (e.g. Vanguard ETF or Amazon accepting payments in BTC).

davidn281

He’s not incorrect. The majority of the population are not orange pilled / worried about the financial monetary system. They just want to make money. ETF’s give them that without having to worry about storing seed phrases and if it gets lost or if they forget it etc. Also no worries about getting robbed for your crypto. A lot of people don’t want to be their own banks. Not your keys, not your cheese. How do you think stocks work? You buy it, hold it, sell it in exchange for money. No one is getting robbed for their $VOO stocks. Also a Bitcoin ETF would give some kind of SIPC protection through the brokerage. Also in certain accounts with a ETF, you can trade Bitcoin as often as you want without triggering a taxable event. Same cannot be said on an exchange. Also in a Roth, you can avoid paying taxes altogether. I been holding bitcoin for a while and see orange but I’m not blinded to see that the ETF does have a lot of benefits and is very positive for this space.

BeginningMost6014

Makes sense and amazed that nobody says this lol (I'm all ETF, for example)

Teddyjames23

ETF

whatwilly0ubuild

The ATH question and the TradFi integration concern are kind of separate things and I'd push back on linking them too directly. On the ATH question, nobody knows. Anyone claiming certainty about BTC price in 2026 is selling you something. The macro setup with potential rate cuts, ETF flows maturing, and post-halving supply dynamics all point toward bullish conditions, but crypto has a way of doing the opposite of whatever seems obvious. Our clients doing portfolio work treat BTC price predictions as entertainment, not analysis. The TradFi integration trend you're describing is interesting but I don't think it's a liquidity drain concern. If anything it's the opposite. Exchanges offering stocks and gold are trying to capture wallet share from people who would otherwise move funds off-platform to trade those assets elsewhere. They're keeping users in the ecosystem rather than losing them to Robinhood or traditional brokers. The money wasn't going to sit in BTC anyway, it was going to leave. The narrative dilution argument is more philosophical. Yeah, Bitcoin started as an alternative to traditional finance and now exchanges are becoming one-stop shops that include TradFi. But Bitcoin's value proposition doesn't depend on exchanges being crypto-purist. It depends on Bitcoin's own properties, the fixed supply, censorship resistance, settlement finality. Those don't change because Bitget lets you trade gold. What I'd actually watch is institutional allocation trends and on-chain accumulation patterns, not exchange product roadmaps. The people moving serious capital into BTC aren't doing it through the same platforms retail uses for gold speculation. The maturity framing is probably right. Early crypto was ideological, current crypto is financial infrastructure. That's just how adoption works.

whatwilly0ubuild

Both, but mostly leverage risk compounding overconfidence. The "insider" reputation thing is dangerous because it creates a feedback loop. Guy makes some good calls, builds a following, starts believing his own narrative about having an edge. Then he sizes positions based on conviction rather than risk parameters. Works until it doesn't, and when it doesn't the leverage makes the loss catastrophic instead of manageable. The actual lesson isn't that insiders don't exist or that information edges are fake. Some people genuinely do have better information or pattern recognition. The lesson is that even a real edge doesn't mean every trade wins, and position sizing has to account for being wrong regardless of how confident you feel. What I've seen with our clients doing quantitative work is that the best traders are almost boringly mechanical about risk. They'll have strong views but the position size is determined by volatility and max drawdown tolerance, not by how sure they feel. The "I'm confident so I'll size up" mentality is how you blow up accounts even with a genuine edge. Crypto specifically punishes this harder than traditional markets because the volatility is insane and liquidation cascades can move price against you way past your stop. A position that would be reasonable in equities becomes suicide with the same leverage on BTC during a volatile week. The narrative thing is real too though. People convince themselves the market "has to" go a certain direction because of halvings or ETF flows or whatever, and they forget that markets can stay irrational longer than you can stay solvent. Price doesn't care about your thesis being eventually correct if you get liquidated before it plays out.

CoffeeAlternative647

ETF's actually increase on chain transactions. Its another source of on chain activity. It buys Bitcoin for people that wouldn't buy it from exchanges.

BeginningMost6014

?? that incomplete statement does not even make sense. Also, are you implying that whatever you are trying to say is exclusive to just an ETF?

Scott7894

Another nail in the coffin for the death of crypto. The adoption is meaningless, the ETF has to hold crypto, they make a fortune in fees from you buyers, and you think you are making money ?