Since the launch of Bitcoin ETFs, there has been a significant absorption of Bitcoin into these funds, with 0.5% of Bitcoins (100k BTC) worth $5.2 billion being absorbed, over half of which occurred in the last week. Coinbase has experienced a major withdrawal of Bitcoin, resulting in its lowest confirmed supply since 2015, with 18K #BTC (approximately $1 billion) being moved off the platform. In one week alone, $2.45 billion flowed into Bitcoin ETFs, highlighting the growing interest and investment in these products. A total of 8 ETFs have accumulated 268,149 BTC, valued at $13.97 billion, excluding Grayscale, since launch. Despite this, the ETHBTC ratio has increased by 20% since the ETF launch lows, suggesting a lack of supply of ETH, as hypothesized by analysts. Bitcoin investment products accounted for 99% of all crypto inflows last week, with total assets under management reaching $67 billion, the highest level since December 2021. Additionally, the Bitwise Bitcoin ETF saw over 5 million shares traded in one day, totaling $150 million, marking its second-largest trading day since its launch.