Do Bitcoin ETFs Actually Move the Price?

Описание: In late September, Bitcoin ETFs had their biggest week of buying all year: +$2.39B in a single week. Bitcoin topped almost the same week. So do ETFs actually move the price?

From the top, Bitcoin is down 54%. The money invested in Bitcoin ETFs is down only 19%. In this video I break down who is really selling to the ETFs, the $83K–$86K wall of breakeven sellers, what rising real yields mean for the exact people buying ETFs, and the levels I'm watching from here.

Chapters
0:00 The biggest ETF week of the year
1:04 What ETF investors actually did
3:19 Who's selling to the ETFs
9:15 The 50-week moving average and past cycles
16:32 Real yields and the Fed
18:55 What would change this

Sources
ETF flows: SoSoValue (https://sosovalue.com)
On-chain data (long-term holders, cost basis): Glassnode
Real yields: FRED, 10-Year TIPS (DFII10)
Rate expectations: CME FedWatch
Charts: TradingView

Related: Bitcoin's Most Dangerous Phase →    • Bitcoin’s Most Dangerous Phase  
When the next bull market comes, will the ETF crowd hold, or become the sellers? Let me know in the comments.

This video is for educational purposes only and is not financial advice.

#Bitcoin #BitcoinETF #Crypto