The cryptocurrency market has witnessed a notable surge in Bitcoin ETF activity, with 0.5% of Bitcoins (100k BTC) worth $5.2B absorbed into ETFs, over half of which occurred in the last week, totaling a record $2.45 billion in global inflows. This demand has been primarily driven by major ETFs such as BlackRock's IBIT and Fidelity's FBTC, ranking them among the highest US ETFs by inflows this year. Bitcoin investment products' total assets under management have soared to $67 billion, the highest since December 2021. Moreover, Coinbase's Bitcoin supply has plummeted to its lowest since 2015 following an 18K BTC withdrawal. BlackRock and Fidelity's combined ownership stands at 203,609 BTC, valued at $10.6 billion. The Bitwise Bitcoin ETF notably saw over 5 million shares traded, totaling $150 million, marking its second-largest trading day since launch. The influx into Bitcoin ETFs underscores a growing investor preference for ETFs over traditional exchanges, attributing to the crypto funds sector's biggest week yet this year.
VanEck’s HODL, one of the ten spot $BTC ETFs, saw a 2,200% surge in trading volumes on Tuesday in a move likely driven by individual traders. By @shauryamalwa. https://t.co/gMvGORZpFl
MicroStrategy CEO Michael Saylor says he has no plans to sell any Bitcoin (BTC) on the company's balance sheet https://t.co/N4o3K48j8r
According to Bloomberg ETF analyst Eric Balchunas, on February 20, the spot BTC ETF group trading volume was approximately US$2 billion, which was the largest day since its listing. HODL ($399.924m), BTCW ($221.903 m) and BITB ($178.29m) both hit new highs in trading volume.…
According to Bloomberg ETF analyst Eric Balchunas, on the ninth trading day on February 20, the spot BTC ETF group trading volume was approximately US$2 billion, which was the largest day since its listing. HODL ($399.924m), BTCW ($221.903 m) and BITB ($178.29m) both hit new…
MicroStrategy founder Michael Saylor said he does not plan to sell any Bitcoin held by MicroStrategy in the short term, because ETFs have hundreds of millions of dollars of capital flowing into digital systems from the traditional ecosystem every day, and Bitcoin is more valuable…
BTC ETF trading volume nearly tops record highs, @thesamreynolds reports https://t.co/rf5YHfsnod
Spot bitcoin ETF volumes soar Tuesday in midst of "second wind" https://t.co/iCBgKpm8V8
$BITB $IBIT $FBTC $HODL $BRRR $EZBC $ARKB $BTCO $BTCW experienced the biggest volume day ($2b) in combined trading. credit: @EricBalchunas https://t.co/iDK3bXZaog
Todays Bitcoin ETF update… - Biggest volume day for the nine since day 1 - Approx $2bn trade volume. - 3 ETFs broke their personal trading records. Great visual of trade volumes below. https://t.co/dP3wtT1Jhy
The Nine had biggest volume day since Day One with about $2b in combined trading thx to big contributions from $HODL, $BTCW and $BITB which all broke their personal records. For context $2b in trading would put them in Top 10ish among ETFs and Top 20ish among stocks. It's a lot. https://t.co/547pIl5grI
.@saylor said he's not planning on selling any of his #bitcoin even as his company $MSTR sits on $4B in BTC profit. @HeleneBraunn reports https://t.co/DGKc75iJ8m
NEW: #Bitcoin 🐳 whales moves 18K #BTC (💵 $1B) off Coinbase, splitting it into cold wallets ranging from $45M to $171M 👀 https://t.co/5WvyNFwgjg
JUST IN: Bitwise #Bitcoin ETF sees over 5 million shares traded today, totaling $150 million 👀 This marks its second-largest trading day since its launch 🙌 https://t.co/oI5gAcYEbF
Incredible, $BITB has traded over 5M shares/$150M today. 2nd biggest day since launch. These ETFs are opening access to a broader set of investors than ever before. [BITB disclosures & prospectus: https://t.co/pAJUG8aACE]
JUST IN: Michael Saylor says demand for spot #Bitcoin ETFs is "8-10x" as much new supply being created 🐂 https://t.co/YVFTGVaJIT
Bitcoin investment products were responsible for 99% of all crypto inflows last week, with total assets under management hitting $67 billion – the highest level since December 2021. @tikta_ reports https://t.co/jx5Bhg8wHM
Record $2.45 Billion Inflows Catapult #Crypto Funds to New Heights https://t.co/hs98mXV21e
BITB was selected and approved for full access to advisors at a $30B nation-wide RIA on Friday, one of the largest in the country. Excited to be a partner to advisors as they navigate the space. [BITB disclosures & prospectus: https://t.co/pAJUG8aACE]
#Crypto Funds See Record $2.45 Billion Global Inflows in a Single Week: Coinshares https://t.co/hs98mXV21e
Blackrock and Fidelity's spot Bitcoin ETFs $IBIT and $FBTC are two of the highest-ranking US ETFs by inflows so far this year. https://t.co/YAhkLBGDHJ
Bitcoin ETF demand sparked the biggest week yet this year for crypto funds, according to data from CoinShares. Click to read: https://t.co/qR7r82zK4Y
JUST IN: 🇺🇸 BlackRock and Fidelity now own a combined 203,609 #BTC worth $10.6 billion for their spot #Bitcoin ETFs. https://t.co/WWuI79Am7L
NEW: Coinbase's #Bitcoin supply plunges to lowest since 2015 after 18K #BTC (💵 ~$1B) withdrawal 👀 https://t.co/xXAYCp3DKE
Soaring demand for $BTC ETFs spurred a record $2.5 billion inflows to crypto funds, led by BlackRock's #bitcoinetf $IBIT, CoinShares reported. https://t.co/efaSgeczbp
we had $2.45bn flow into Bitcoin ETFs last week Bitcoin holdings on Coinbase at the lowest level since 2015 boy oh boy
BREAKING: "DIGITAL ASSET INVESTMENT PRODUCTS SAW RECORD WEEKLY INFLOWS, TOTALLING US$2.45 BILLION" - PER @CoinSharesCo https://t.co/QtDiD9oCne
0.5% of Bitcoins (100k BTC) worth $5.2B absorbed into ETFs since launch, over half in the last week Source: https://t.co/jW6Of0S51K https://t.co/HwUlcbLAny