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Something strange has been happening in the market lately. Billions are flowing into Bitcoin ETFs, but the price isn't doing what you'd expect. I read somewhere that an analyst tried to explain this, but it still feels pretty weird.
If you understand what an ETF actually is — a fund that allows you to invest in Bitcoin without having to buy coins yourself — you'd think all those inflows would push the price up. But no, it just remains stagnant. Some experts say it has to do with how the market is currently behaving.
The ETF demand has certainly grown, but apparently not enough to break the momentum. Interesting to see what happens next month.