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New ETFs Are Devouring Bitcoin's Available Supply

-EXCLUSIVE- Bitcoin has surprisingly reclaimed its recent high two days ago and finally broke the psychological milestone of $50K. This puts us now at around 34% in profit since the last time we bought the dip. I said above "surprisingly" because one current reality is that Hodlers are currently selling, and there are very few newcomers to the network, two conditions that usually lead to Bitcoin going down. The wild card here is naturally the new Bitcoin ETFs, which seem to fulfill what people were anticipating for them: the catalyst for a supply shock. So, let's take a closer look at what is going on with the Blockchain.

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