The market seems to have found a price it’s happy with at the moment. We’ll have to wait for the ETF to scoop up all the free floating BTC and start hitting up public markets before another big move. It’s anyone’s guess how long that will take, but after this week we should have a little better idea about the ongoing demand.
It took gold ETF 9 mo of "chop" to a small down.
I'll give btc ETF half a time, which "coincidently" would be at around halving
