Sharing this one — worth a read.
Does central-bank and treasury buying change how you read ETF outflow headlines? Bitcoin held near $76,000 even as spot Bitcoin ETFs saw about $412 million in net outflows on Friday — because long-term buyers kept adding while ETF holders sold. Full story: https://zimbuck.com/blogs/1794/Bitcoin-Holds-Near-76-000-as-Long-Term-Buyers-Add — how do you weigh those flows?
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