In the bleak dawn of May, the mighty US ETFs plunged into the crypto abyss, snatching up a staggering 26,700 BTC — as if the miners didn’t exist! Ha! Miners, those tireless fools, only managed to scrape together 7,200 BTC. Looks like the rich are buying up Bitcoin faster than a drunkard drinks vodka — with both hands and no regrets. 💸
After the latest halving in April 2024, when Bitcoin’s reward shrank from 6.25 to a measly 3.125, the hunger for more grew insatiable. The miners, poor devils, produce only 7,200 BTC in two weeks, while the moneybags pour in, hoarding what little supply remains. Demand outstrips supply? Who would’ve thought! The financial beasts and crypto enthusiasts are now bitterly fighting over the crumbs left behind. 😂
Under normal times, daily Bitcoin issuance is a modest 480 — the kind of number that would make a miser sneer. But since halving, ETFs are gobbling up 1,700 BTC every day! BlackRock and Fidelity, the giant vultures of Wall Street, lead the feast, their wallets bursting at the seams. Investors are pouring 16,000 BTC into BlackRock’s iShares and Fidelity’s Wise Origin Fund — as if Bitcoin were some magic potion that grants eternal riches. 🤑
Recent data from Hodl15 Capital shows US ETFs bought back over 30,000 BTC in April alone, and nearly 27,000 in May, proving that the greed for Bitcoin knows no season. Markets are like a madman’s circus: January, February, March bring in hundreds of thousands of BTC; then May, with its pity-party, sells off 6,074 BTC. Yet, hope flickers — in October and November, inflows reach the heights of nearly 77,000 BTC, convincing everyone that Bitcoin’s glory still lingers in the shadows. 🌚
And now, with April and May’s influxes of 2025, a new storm brews on the horizon. The trend turns bullish again, like an old drunk dreaming of riches, promising a fresh run for those daring enough to chase the beast. The game is far from over, comrades — hold on tight, for Bitcoin’s wild ride is just beginning! 🎢
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2025-05-17 23:55