Bitcoin price now being manipulated? Every dollar gained since the bitcoin ETF launch has been overnight when regular trading hours are closed.

Posted by freedomforall 2 months ago to Ask the Gulch
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Sorry I can't post a free link.

Another opinion:
Bitcoin Rally: Just How Much ETF Demand Is There?
35,000 bitcoin

That's the average weekly demand from new exchange-traded bitcoin funds over the past month, according to Swiss private bank Julius Baer—far outstripping the 6,300 or so tokens that are mined every seven days.

The gulf helps explain the run-up in bitcoin, which hit a new intraday record high Wednesday above $73,000.

Bitcoin's weekly issuance "is utterly dwarfed when contrasted against the ETFs' token demand," said Julius Baer analyst Manuel Villegas.


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