It'll certainly be interesting to see how the ETF holdings grow and its effect on the bull market. Hitting new ATHs may very well come months earlier than expected. Well, we have already seen that each market cycle more and more people front-run the main part of the bull run. In 2017 the real explosive growth started around end of April, but next cycle it started in like Nov/Dec 2020, even though the halving period is only a month or two short of 4 years, so the 2020/2021 bull run came several months earlier that in 2017. With the help of ETFs buying up hundreds of thousands of bitcoin we may very well see the ATH this year get hit before end of the summer with the price continuing to boom after that. Though if it does come that early, I wonder if the bull run will still last until late 2025, or if it'll actually end around middle of next year.

Great interest in the ETFs so far. Hopefully we keep seeing them pull in 9 figure dollar amounts daily.

It is quite unfortunate that such a huge amount of investment did not come to the Bitcoin market directly, rather it had been directed through the centralised entities. If this pace continuous, these corporates can easily out perform the retail investment segment. Probably that will mark and end to the decentralised nature of Bitcoin.

I was never much comfortable about this week corporates buying into Bitcoin. With their money power they can become the dominant players in the market and can manipulate the market as per their wish.

As far as I understand bitcoin spot ETF approval has a positive impact ETF approval increases both market efficiency and accessibility but bitcoin futures are a bit harder to predict. The crypto market is not stable but seeing the price go up a lot it doesn't take long to sink so it's just an investment hope. When it comes to growth nothing can stop bitcoin.

I think people don't understand what decentralization is. Bitcoin is decentralized because of nodes and miners, not because of owners. People buying Bitcoin through ETFs so that these bitcoin are held by institutions in no way diminishes Bitcoin's decentralization. The ETFs have zero effect on nodes and miners.

You say its unfortunate this is not coming from the Bitcoin market directly. But the Bitcoin market IS anyone buying Bitcoin. ETFs are simply part of the Bitcoin market now. They've expanded the Bitcoin market, which is a great thing. Good money is both a transactional unit and a savings/investable unit, and ETFs simply make use of its great savings/investable property. All of this is the Bitcoin market. Like, you realize the "Bitcoin market" you are referring to is already centralized crypto exchanges right? haha. It's all the Bitcoin market, and most of the market buys through centralized entities, and some of the market participants have always kept their Bitcoin with these entities, which of course is the case with ETFs.


People seem to get very confused about what decentralization is, and their confused version of it makes them want to gate-keep Bitcoin and stop anyone with money or any govt or any company or any finance firm from buying Bitcoin, which is very against the ideals of Bitcoin.

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And in fact that comparison is worse than what you state. It's not even comparing one company to 11 companies. It's comparing one company to the entire US TradFi industry! Any TradFi investor who doesn't want to bother actually owning bitcoin, or any financial fund that literally can't own Bitcoin because Bitcoin isn't part of TradFi (ie retirement accounts, investment funds with rules on what they can buy), can only gain access to Bitcoin through the ETFs.

So it's comparing a single moderately sized corporation to literally millions of people and many companies combined haha.

So that's the reason why we have been seeing a good pump in BTC price in last few days.
Bitcoin has crossed $50k price for which we have been waiting a long time. Good to see BTC price back above $50k.


While that is true one important fact is that if a single entity holds a large amount of BTC it gives them direct power to manipulate the market.
It becomes easier for an entity to manipulate the price if it holds huge amount of that asset.

Bitcoin Spot ETFs hit $10B one month after it's approval but compared to $110B today Bitcoin ETF Overview it's a small number. After one year it's getting bigger every body knows it's the start of some thing big.