Wall Street is no longer pretending: ETF continuous buying, is Bitcoin supply running out?

Many people haven't realized:
Continuous inflows into ETFs are actually changing the BTC market structure.
Who was the biggest seller in the past market?
Miners, short-term traders, leveraged speculators.
But now, more and more BTC are being locked in ETFs for the long term.
This means the circulating supply is decreasing.
Simply put:
There is less and less "goods" in the market, but more and more people want to buy.
So BTC is entering a classic state:
"Slow bull accumulation phase."
The most interesting thing is, many traditional financial institutions still sound very conservative.
But their actions are very honest.
They say "digital assets are risky";

While frantically applying for ETFs, laying out custody, researching stablecoins.
Because they have finally realized:
BTC is no longer just a retail casino.
It is becoming a new asset class in the global capital markets.
And six consecutive weeks of net inflows indicate that institutional attitudes are actually very clear:
"Long-term bullish."#BTC重返8万