Despite the current trend of heavy inflows, the possibility of outflows remains, carrying the risk of introducing sudden shifts in the market.
The activity of ETFs, however, introduces its own complexities to market dynamics. For example, the force the ETFs exert on the price of Bitcoin should not be expected to work in one direction only. Despite the current trend of heavy inflows, the possibility of outflows remains, carrying the risk of introducing sudden shifts in the market. Close monitoring of ETF activity, both purchases and potential sales, is essential for anticipating market movements as the halving approaches.