Bitcoin's 2024 Halving: New Factors Predict Different Impact
• Grayscale report predicts 2024 Bitcoin halving will play out differently due to new demand from ETFs and ordinals • Past Bitcoin price increases after halvings coincided with macro events; less certainty for 2024 • Miners are well-prepared for financial impact of halving through fundraising and selling holdings • Bitcoin ordinal inscriptions represent new way to sustain network security via fees as rewards decline • Steady Bitcoin ETF inflows could counterbalance post-halving selling pressure from miners