The most important thing with the #Bitcoin ETFs that most people seem to miss is the rate of accumulation.
The last few $MSTR mega-stacks (over 10k BTC) were 14.6k and 16.1k BTC.
IBIT’s average stack is ˜$200M/day or 4.7k BTC.
FBTC’s average stack is ˜$175M/day or 4.2k BTC.
So every 2 trading days, just 2 of the New Nine are hoovering up what MSTR does in a good month.
But more importantly, the IBIT/FBTC intake is ˜9k BTC a trading day. Mining only supplies 900 a day. So demand from 2 ETFs alone is 10x supply. Supply is going to get cut in half in less than 3 months, which means this demand will be 20x supply.
And this demand is just 2 ETFs. Don’t forget MSTR, Tether, and many more corps are also accumulating, along with nation-states, HNWIs, and plebs.
Plan accordingly.
Excellion / Samson Mow
npub1ex…pn72a
2024-01-30 00:00:05
Author Public Key
npub1excellx58e497gan6fcsdnseujkjm7ym5yp3m4rp0ud4j8ss39js2pn72aPublished at
2024-01-30 00:00:05Event JSON
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"content": "The most important thing with the #Bitcoin ETFs that most people seem to miss is the rate of accumulation. \n\nThe last few $MSTR mega-stacks (over 10k BTC) were 14.6k and 16.1k BTC.\n\nIBIT’s average stack is ˜$200M/day or 4.7k BTC.\nFBTC’s average stack is ˜$175M/day or 4.2k BTC.\n\nSo every 2 trading days, just 2 of the New Nine are hoovering up what MSTR does in a good month. \n\nBut more importantly, the IBIT/FBTC intake is ˜9k BTC a trading day. Mining only supplies 900 a day. So demand from 2 ETFs alone is 10x supply. Supply is going to get cut in half in less than 3 months, which means this demand will be 20x supply.\n\nAnd this demand is just 2 ETFs. Don’t forget MSTR, Tether, and many more corps are also accumulating, along with nation-states, HNWIs, and plebs.\n\nPlan accordingly.",
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