Part 4/10:
Institutional investors continue to pour money into Bitcoin, especially through Exchange-Traded Funds (ETFs). The analyst pointed out that giants like BlackRock, Fidelity, Morgan Stanley, and others are actively launching and managing Bitcoin ETFs, with some funds already buying into the space automatically. For instance, Morgan Stanley’s upcoming ETFs are expected to contribute additional demand, which—given supply constraints—could drive prices higher.
The one concern raised pertains to the scale: these ETFs are absorbing large volumes of Bitcoin daily; in some cases, they are consuming more than six times the daily issuance of new tokens. This significant demand could lead to a supply crunch, intensifying price appreciation.