Bitcoin ETF inflows could lead to a “sell-side” crisis in the coming months, one market observer said.

By locking in the right to sell ETH at a predetermined price, options traders are preparing for short-term weakness after the cryptocurrency hit a

President Nayib Bukele said in an X post that the Central American nation is earning bitcoin revenue from four different avenues.

Currently, less than 2,000 millionaires, or wallets with $1 million worth of bitcoin, are created daily.

The rally could be a sign of traders rotating some of their capital to tokens that haven't moved yet.

Spot bitcoin ETF inflows have surpassed expectations, the broker said in the report.

Bitcoin remained the focus of investors seeing $2.8 billion worth of inflows.

Bitcoin rose to a record high on Monday, fuelled by continued positive momentum of spot bitcoin ETFs.

The software firm, founded by staunch bitcoin advocate Michael Saylor, now holds 205,000 BTC worth around $14.7 billion.