But mafs are hard! It's hard to gauge how much of it is being reshuffled vs cashing out vs new money coming in. GBTC has been selling over BTC10.000/day, but others see inflows that more than offset it. Also. futures and ETFs in other countries see outflows, and now there are also rumors of miners dumping BTC10.000. So no one really knows what to make out of it thus the volatility, but what we do know is at $42k/BTC we only need $38MM of new capital inflow per day to buy up all new BTC, and that's about to drop to just $19MM/day in 3 month, and then just $9.5MM/day in about 4yrs3m...not just in ETFs but globally