Take a look at total net BTC flows since inception 🤔
In the recent, it recorded a new ATH(All Time High) 🥳 But, the increasing rate has been decreasing. I expect that the slope will be linear than exponential.
Because, spot BTC(Bitcoin) ETF managers have already gathered 5% BTC of the total BTC supply, and they've already put lots of money in the beginning.
If I were an institutional investment manager, I would buy spot ETH rather than BTC now. I think it would be more profitable. The ETH has been pressured during the last 3 years, like the previous market cycle condition. I believe that the pressure will make ETH go to skyrocket.
Digital asset managers have already stacked around 5% of 21m BTC. But, they even not started accumulating spot ETH. What if they start absorbing tons of ETH afterwards? You already know the answer.
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