Part 4/14:
A significant part of the analysis centers on the Bitcoin ETF market. The speaker has been closely tracking money flows for ten days, showing that firms like Grayscale, BlackRock, and Fidelity continue to buy and sell Bitcoin. Notably, despite some selling from Grayscale, the ETF market has absorbed over 119,000 Bitcoin in ten days, including an additional 19,000 Bitcoin—an amount comparable to what notable whales accumulated over years.
This massive absorption indicates a supply crunch looming if these ETFs continue their activity at this pace, potentially tightening available supply and fueling further upward price pressures. BlackRock’s ETF volume recently surpassed that of Grayscale’s Bitcoin Trust—a historic milestone—suggesting institutional dominance is shifting significantly.