The broader market got a small taste of what accelerating demand meeting perfectly inelastic supply looks like this week, as bitcoin blew past the $60,000 level for the first time in more than two years and ended February up ~$20,000, its largest monthly move in history. The post-ETF sell the news event was short-lived as volume and inflows into the new vehicles exploded and the ETF complex saw more activity in just a few days than in its entire first month of trading, driving net new money to new records even while absorbing
Ten31 Timestamp 832,835
Ten31 Timestamp 832,835
Ten31 Timestamp 832,835
The broader market got a small taste of what accelerating demand meeting perfectly inelastic supply looks like this week, as bitcoin blew past the $60,000 level for the first time in more than two years and ended February up ~$20,000, its largest monthly move in history. The post-ETF sell the news event was short-lived as volume and inflows into the new vehicles exploded and the ETF complex saw more activity in just a few days than in its entire first month of trading, driving net new money to new records even while absorbing