I just noticed that in recent weeks, massive capital has been flowing into Bitcoin ETFs – we're talking about billions of dollars arriving daily. But somehow, the price isn't really moving up as one would expect.

A few analysts have looked into this and believe that all the ETF purchases might not be as bullish as thought. It could be that institutional investors are simply building their positions without causing significant price movements. Or the sell side is just too strong.

I still find it interesting – when billions flow into the market and the price remains sideways, something doesn't add up. It's worth taking a closer look.