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strah | 5 months ago (raw) | root | parent | reply | flag 
 I appreciate this explanation. Especially your point about patience. I was assuming profit taking would have mostly happened by now which is why I was finding the numbers I was seeing (June 24 being the 2nd highest month of ETF inflows on record) as suspicious.
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BitcoinStu | 5 months ago (raw) | root | parent | reply | flag 
 also realize that the ETFs are only a small % of the total spot market.  There has been an active spot market for a long time now.  The ETFs have an effect.  You can see that in an ATH before the halving.  But there is a lot more going on in the market than just ETFs.