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#1 Bitcoin Explosive May Rally and the Rise of ETFs
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Bitcoin news time first then a whole bunch of very interesting charts then some ETF flows at the end first of all Yesterday I knew folks are bored but I also said these are the times right before something big happens And of course in a matter of hours look what happens Bitcoin is up 8.2 percent for the month of May And it was like almost flat the other day That's almost deleted April returns What's going on Well I did say Tuesday is the best flow day ever for ETFs and some interesting things happen with ETFs was not just the ETF stacking Other groups are back which we'll get to in a minute but before we do ARK had the record day yesterday Big bang for well record big biggest day since I think they began in Feb a January Feb anyway huge day for this stage of the game ARK alone bought 2200 Bitcoin yesterday 100 and 33000000 dollar purchase Who's buying an ARK That's what we have to dig into as well Now I also said I tweeted this about 2 days ago or a day ago I had a feeling something was about to change first of all the 13 apps that were released were getting a lot of attention They will trigger institutional FOMO They did that grayscale bleed will continue to slow yeah sorta happening and it'll be a positive ETF week well it sure has and most non-ETF cohorts will go back to stacking and that's what happened too and I got proof of that all today And it's just you can see like I should try to put together some indicator that when sentiment is completely in the toilet and people are giving up That's when the market returns each and every time like clockwork