TheBitcoinManual on Nostr: Bitcoin has shaved 60 billion off its market cap recently with $1.8 billion has ...

Bitcoin has shaved 60 billion off its market cap recently with $1.8 billion has allocated into paper products across the 10 #Bitcoin ETFs.

Looks like investors who had money in spot Bitcoin and shitcoins are moving into the #ETF instead. I guess it wasn't new money coming into Bitcoin, just existing money wanting a better vehicle to speculate with, lol

God candle #shills are rekt and I think thats good enough for me!

https://protos.com/bitcoin-drops-60b-from-market-cap-as-investors-shuffle-funds-into-etfs/