708.0K @MartiniGuyYT The ETF selling isn’t slowing down.
Over the past 24 hours, roughly 3,700 BTC has left the spot ETFs.
BlackRock alone accounted for around 3,530 BTC of those outflows.
We’ve also seen another 3,625 BTC moved on-chain towards exchanges from BlackRock.
That’s not what sustained accumulation looks like.
There are still occasional inflow days, but they continue to be outweighed by consistent distribution.
Until that changes, it’s difficult to build a genuinely bullish case from the ETF data alone.
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207.0K @KillaXBT You are not f*cking ready... $BTC https://t.co/IX7jBu7DE9
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214.8K @pete_rizzo_ 214.8K @pete_rizzo_ BREAKING: US SEC COMMISSIONER PIERCE JUST SAID THAT THE #BITCOIN CLARITY ACT WILL PASS THIS SUMMER\n\n\"THERE IS A LOT OF WORK HAPPENING NOW\"\n\n\"I EXPECT WE WILL SEE IT PASS SOON\"\n\nA FULL SENATE FLOOR VOTE IS COMING 🔥 https://t.co/6tflwE2WNm
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Bitcoin (BTC) is a digital asset and a payment system invented by Satoshi Nakamoto who published a related paper in 2008 and released it as open-source software in 2009. The system featured as peer-to-peer; users can transact directly without an intermediary. Transactions are verified by network nodes and recorded in a public distributed ledger called the blockchain. The ledger uses bitcoin as its unit of account. The system works without a central repository or single administrator, which has led the U.S. Treasury to categorize bitcoin as a decentralized virtual currency. Bitcoin is often called the first cryptocurrency, although prior systems existed. Bitcoin is more correctly described as the first decentralized digital currency. It is the largest of its kind in terms of total market value by now.
