Monday, June 9, 2025
No Result
View All Result
Coins League
  • Home
  • Bitcoin
  • Crypto Updates
    • Crypto Updates
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • DeFi
  • Metaverse
  • Web3
  • Scam Alert
  • Regulations
  • Analysis
Marketcap
  • Home
  • Bitcoin
  • Crypto Updates
    • Crypto Updates
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • DeFi
  • Metaverse
  • Web3
  • Scam Alert
  • Regulations
  • Analysis
No Result
View All Result
Coins League
No Result
View All Result

NIKOLAUS: Retail Keeps Selling Bitcoin to ETFs, Don't Sell Your BTC To Whales

October 2, 2024
in Bitcoin
Reading Time: 3 mins read
0 0
A A
0
Home Bitcoin
Share on FacebookShare on TwitterShare on E Mail


What We’re Studying: HODL15Capital

Observe Nikolaus On X Right here

For the previous few weeks I’ve been maintaining with HODL15Capital on X, who has executed an incredible job at posting a few of the quickest incoming market information relating to the U.S. spot Bitcoin ETFs. Not too long ago, there have been two charts specifically he has posted which have caught my eye.

9 months in the past, the SEC authorized spot Bitcoin ETFs for buying and selling, and since then, the ETFs have seen big inflows throughout eight out of these 9 months. Since their inception, these ETFs have seen inflows of 312,488 BTC whereas miners have solely created 169,942 new bitcoin.

Variety of Bitcoin bought by 🇺🇸 #Bitcoin ETFs every month👇$IBIT $FBTC $GBTC $ARKB $BITB $HODL $BRRR $EZBC $BTCW pic.twitter.com/mpeurOCUcR

— HODL15Capital 🇺🇸 (@HODL15Capital) October 1, 2024

These ETFs have been the quickest rising ETFs in historical past, like BlackRock CEO Larry Fink acknowledged, with no actual indicators of slowing down, particularly as we head right into a time frame that has been traditionally bullish for Bitcoin. 

These ETFs are gobbling up all of the obtainable BTC leaving many considering: Who may presumably be promoting proper now? And in accordance with HODL15Capital, it seems to be smaller BTC holders, promoting instantly into the palms of the ETFs and establishments.

🚨 Small Bitcoin holders proceed to promote to ETFs and $MSTR 🤷‍♂️ pic.twitter.com/hV42fDVlps

— HODL15Capital 🇺🇸 (@HODL15Capital) September 26, 2024

We’re seeing state pension funds, massive establishments, rich buyers and different main gamers purchase and maintain shares of those ETFs. Even ETF issuers like BlackRock are shopping for shares of its personal Bitcoin ETF for his or her different funds. Lengthy story quick, I am seeing good cash pouring into this asset class and, whereas that’s nice for the value of BTC, it pains me to observe smaller holders promote their bitcoin on to the establishments.

Holding Bitcoin over the long run has been confirmed to be among the finest methods to construct wealth. It is a actual likelihood for these excited by investing for his or her future, who could not at present have correct financial savings, to start out build up wealth in a sovereign means by accumulating BTC and holding the keys to their cash. As a substitute, these cash are being largely “locked up” in these ETFs, the place those that purchase them can solely redeem their shares for US {dollars} and do not expertise the advantages of the attributes that make bitcoin so distinctive (e.g, freedom to transact globally with out permission from a 3rd occasion).

Based mostly on this information, I concern many of those smaller bitcoin holders are letting a terrific alternative to construct wealth through holding BTC slip by their fingers. Additionally, purchase not shopping for bitcoin instantly and holding it in self-custody, versus buying shares of the ETFs, buyers are lacking out on what it actually means to personal censorship resistant sovereign cash. Such a sense typically has the impact of constructing buyers maintain bitcoin for the long-term as opposed promoting within the short-term based mostly on concern.

The good cash is aware of precisely what alternative is right here, they usually do not care an excessive amount of in regards to the freedom features of Bitcoin. They’re simply filling their BTC luggage in a automobile that fits them higher. 

Low cost BTC doesn’t final without end. Main gamers will proceed scooping up big swaths of shares of the ETFs as we hit a brand new all time highs and past. If there’s one factor I depart you with in the present day: Do not promote your BTC to the firms, and maintain the keys to your cash.





Source link

Tags: BitcoinBTCDon039tETFsNIKOLAUSRetailsellSellingWhales
Previous Post

Amazon Asks Its Employees to Use Cedric Instead of ChatGPT

Next Post

Hammer Museum names new leader to succeed longtime director Ann Philbin

Related Posts

Nasdaq Wants To Add XRP, ADA, SOL, XLM To Crypto Index
Bitcoin

Nasdaq Wants To Add XRP, ADA, SOL, XLM To Crypto Index

June 9, 2025
Bitcoin Core Devs At Center Of Heated Debate
Bitcoin

Bitcoin Core Devs At Center Of Heated Debate

June 9, 2025
Blank Pi Network Wallets Spark Outcry—What’s The Network Hiding?
Bitcoin

Blank Pi Network Wallets Spark Outcry—What’s The Network Hiding?

June 8, 2025
Bitcoin Breaks $106K as This Week’s Crypto Rollercoaster Hits Highs and Lows
Bitcoin

Bitcoin Breaks $106K as This Week’s Crypto Rollercoaster Hits Highs and Lows

June 8, 2025
Trump And Xi Drops Alpha: Why is Crypto CFX Pumping?
Bitcoin

Trump And Xi Drops Alpha: Why is Crypto CFX Pumping?

June 9, 2025
Ethereum Prepares For A Parabolic Move – ETH/BTC Chart Signals Strong Bullish Setup
Bitcoin

Ethereum Prepares For A Parabolic Move – ETH/BTC Chart Signals Strong Bullish Setup

June 8, 2025
Next Post
Hammer Museum names new leader to succeed longtime director Ann Philbin

Hammer Museum names new leader to succeed longtime director Ann Philbin

Crypto Laws Are Coming No Matter Who Wins Election: Rep. Tom Emmer

Crypto Laws Are Coming No Matter Who Wins Election: Rep. Tom Emmer

The Role of Hyperledger Fabric in Revolutionizing Digital Asset Tokenization | by Spydra | The Capital | Oct, 2024

The Role of Hyperledger Fabric in Revolutionizing Digital Asset Tokenization | by Spydra | The Capital | Oct, 2024

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Twitter Instagram LinkedIn RSS Telegram
Coins League

Find the latest Bitcoin, Ethereum, blockchain, crypto, Business, Fintech News, interviews, and price analysis at Coins League

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • NFT
  • Regulations
  • Scam Alert
  • Uncategorized
  • Web3

SITEMAP

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2023 Coins League.
Coins League is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • Bitcoin
  • Crypto Updates
    • Crypto Updates
    • Altcoin
    • Ethereum
    • Crypto Exchanges
  • Blockchain
  • NFT
  • DeFi
  • Metaverse
  • Web3
  • Scam Alert
  • Regulations
  • Analysis

Copyright © 2023 Coins League.
Coins League is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In