My BTC ETF VOL Calculator (Patreon)
Published:
2024-02-13 21:56:13
Imported:
2024-02
Content
Hello Team,
I received numerous inquiries yesterday about how I estimate the amount of Bitcoin that Blackrock is buying based on volume. As you may recall, I shared my estimation of 350 million in a previous post, and it turned out that Blackrock actually bought 375 million, making my estimation off by only 6%.
This demonstrates that my estimation method is quite accurate, and I will be making slight adjustments to the ratios to further enhance the precision of my predictions.
Today I estimate Blackrock bought $246M of BITCOIN