# Bitcoin ETF flow — X 热门讨论 (2026-09-27 15:16 UTC)

## @dotkrueger (Fred Krueger) · 09-27 12:15 · ♥395 ↻24 💬47 A simplified Bitcoin flow model:

It takes roughly 300,000 BTC of net buying to double the price.

Symmetrically, roughly 300,000 BTC of net selling cuts the price in half.

That’s the model.

Bull market:

Bitcoin went from roughly $30K when the ETF was announced to about $120K — a 4x.

Estimated institutional buying: ~1.2M BTC Exceptional OG selling: ~600K BTC Net buying: ~600K BTC

600K net buying = two doublings. $30K → $60K → $120K.

Bear market:

Bitcoin went from roughly $120K to $60K.

Exceptional OG selling: ~600K BTC Saylor/Strategy buying: ~300K BTC Net selling: ~300K BTC

One halving. $120K → $60K.

Simple model. Surprisingly good fit. https://x.com/dotkrueger/status/2104183139556078039

## @Ediscuo1345 (Drew Radio FM.📻) · 09-27 12:37 · ♥30 ↻20 💬12 🗞️DREW NEWS EVENING EDITION 1PM CRYPTO NEWS — SEPTEMBER 27, 2026

DREW NEWS — TOP 7 CRYPTO GIST:

1. Bitcoin ETFs Pull In $2.4B U.S. spot Bitcoin ETFs recorded about $2.4B in weekly inflows, their strongest week since October 2025, pushing 2026 net flows back into positive territory.

2.Bitcoin Holds Above $84K BTC is trading around $84.6K, after briefly pushing above $87K. The asset is up roughly 5% on the week.

3.Solana ETFs See Record Demand U.S. spot SOL ETFs attracted $188.2M during the week, while Friday alone saw a record $86.7M inflow.

4.Bitget Hack Sparks Decentralization Debate Following the reported $350M+ Bitget security breach, Bitget asked THORChain to block addresses linked to the stolen funds. THORChain rejected the request, citing its permissionless design.

5.XRP ETFs Keep Attracting Money U.S. spot XRP ETFs reportedly added $75.6M over four days, bringing cumulative inflows close to $1.79B.

6.Tokenized Stocks Keep Growing Tokenized-stock holders reportedly jumped from roughly 100K to 4.3M in a year, while tokenized stocks on Base generated about $1.3B in DEX volume over 30 days.

7.Solana Trading Activity Heating Up A Solana token launched through UsePaid reportedly surged 250%+ in a day, highlighting how quickly liquidity and attention can rotate toward new Solana launches.

🔥TRENDING BTC ETF inflows + SOL ETF demand + tokenized assets + the Bitget hack are dominating the conversation.

📝HOT TAKE The interesting story isn't just Bitcoin's move. It's the money flow.

Institutions are putting billions into BTC and ETH ETFs, Solana is recording strong ETF demand, while tokenized assets continue expanding. At the same time, the Bitget incident is reminding the market that self custody and decentralized infrastructure still matter. https://x.com/Ediscuo1345/status/2104188644789506444

## @haenko21 (haenko(⋈,🇺🇦)) · 09-27 14:30 · ♥28 ↻4 💬3 Paradigm called Zcash a private complement to Bitcoin. A Bitwise analyst described NEAR and Zcash as complementary. Put those together: Bitcoin → ZEC → NEAR.

Matt Huang disclosed that Paradigm holds $ZEC and backed ZODL, the team behind the Zodl wallet. Camran Khosravi at Bitwise, yes, the NEAR ETF people, explains the second arrow: $NEAR gives ZEC holders confidential cross-chain rails and access to liquidity.

And that arrow isn't theoretical. Zodl's built-in swaps are powered by NEAR Intents, so the wallet Paradigm backed already routes swaps through NEAR today.

The further you move down that chain, the smaller the valuation gets: Bitcoin around $1.7T, ZEC around $26B, NEAR around $6B. The market has already repriced the first arrow. A year ago ZEC sat around 80th by market cap. Now it's #9.

The second arrow is a different story. Those Zodl swaps don't just use NEAR, they generate fees through Intents, and part of that fee capture feeds $NEAR buybacks. So ZEC flow generates economic activity for NEAR, while NEAR still trades at less than a quarter of ZEC's valuation.

If the chain holds, I don't think that gap does. I'm long $ZEC and $NEAR. https://x.com/haenko21/status/2104216996816593181