- Joined
- Jan 9, 2017
- Messages
- 10,333
- Reaction score
- 9,918
Did you exclude gbtc flows into the other etf to do this calc? That volume was just cycling coins from a high mer to a lower, not genuine capital inflowEven if the ETF volume goes to 25% of the average of the last 19 days, it will suck up more than 4x the supply that is set to be created in the next 12 months.
This isn’t even considering retail purchases or other global ETFs