The Bitcoin ETFs are turning into a tidal wave of demand

What we thought would happen, is finally happening.

The demand side is overwhelming the sell side.

This is coming as GBTC is running out of sellers:

(Source: https://twitter.com/BitMEXResearch/status/1756239419504316624/photo/1)

That $52 million number was the smallest outflow yet for GBTC.

I suspect we are going to see huge inflow numbers later today when the data gets published.