What's driving the massive inflows for bitcoin ETFs in 2026
00:00 Speaker A Spot Bitcoin ETFs crossed $1 billion last week in inflows as cumulative flows approach record highs. 00:07 Speaker A It's very transparent. People are buying Bitcoin all over the place through multiple vehicles and the ETFs are becoming extremely pop popular. 00:13 Speaker A Let's remember these are the most successful ETF launches of all time of any product. 00:20 Speaker A These things are holding a massive amount of Bitcoin and the inflows just keep coming even with Bitcoin price still depressed about 40%. 00:27 Speaker A I don't want to go too deeply into who else is buying because we had a long conversation about it yesterday, but I do think that it's notable that Michael Sailor and strategy now own more Bitcoin even than the BlackRock spot ETF. 00:36 Speaker A Black Rock holds about 800,000 Bitcoin on behalf of their customers. 00:40 Speaker A Strategy now holds about 815,000 Bitcoin, not counting whatever he's likely bought this week. 00:46 Speaker A And we we talked about this yesterday, so finally I got a picture. 00:51 Speaker A Michael Sailor sucking up all the Bitcoins out of the planet Earth. 00:55 Speaker A Mega made right there. kudos to my team for finding an image of that. I didn't think that they'd be able to. 00:59 Speaker A But absolutely unbelievable what this guy is pulling off. He is just absolutely sucking up all the Bitcoin out there. 01:04 Speaker A When you add his almost million Bitcoin to Satoshi's burned million, to the other 4 million that are likely lost, to the amount being held by ETFs, there's not really that much Bitcoin left for you to buy. 01:10 Speaker A And when that demand continues to increase with the reducing supply, there's only one way the price is going to go up. 01:15 Speaker A And in a in a bear market, which I would argue that we are in right now, you can always see this trend of weak hands selling their assets to strong hands. This is not unique to Bitcoin, it happens in every market. 01:21 Speaker A Take a look at this chart. 01:23 Speaker A In Q1 of 2026, businesses purchased 69,000 Bitcoin, governments purchased 25,000, funds and ETFs bought 3,000, and who sold their Bitcoin? 01:34 Speaker A Individuals. 01:35 Speaker A And if you actually dig into the data more, it's mostly individuals who are underwater who bought at the very top and decided they couldn't take the pain anymore and bought at the bottom. 01:43 Speaker A This is what happens at the bottom of bear markets. I'm not saying that 60,000 has to be the bottom, although if I had a gun to my head, I would say that it is. 01:50 Speaker A But this is the kind of behavior you see, which is that the smart money starts to buy and the dumb money sells it right into your hand.
