The cryptocurrency market experienced a significant shift last week, with Bitcoin ETFs witnessing their first week of net outflows in two months, totaling nearly $1 billion. This marked the end of a seven-week inflow streak, during which $12.3 billion had been added to these investment products. Grayscale's Bitcoin ETF led the outflows with $1.9 billion, attributed in part to the liquidation of bankruptcy assets from Genesis Global. Despite this, BlackRock's IBIT ETF absorbed $13.341 billion between March 6 and March 22, and it could flip GBTC in Bitcoin holdings within 3 weeks. The market also saw a record outflow of $942 million from digital asset investment products, with Bitcoin experiencing outflows of $904 million. However, the overall ETF demand in the US remained positive, with a net demand of $11.27 billion between March 6 and March 22. Bitcoin's price is now trading at $70.3K, highlighting the shifting investor sentiment amidst these movements.
Crypto Market Pulse Weekly: 📉 Spot #Bitcoin ETFs saw largest week of net outflows since Jan 2024 🤝 @BlackRock launches first tokenised fund on Ethereum, BUIDL 💻 Japan Government Pension Fund seeks information on crypto Read on 👇 https://t.co/3kDh7huO68 https://t.co/ZxTUHfbELT
UPDATE (3/26) The We Are So Back Edition. Bitcoin ETF Net In Flows 5.9K #BTC 🚀 New 9 ETFs + 9K BTC Total Bitcoin Held in ETFs 828.8K BTC Highlights Fidelity + 4K #BTC Blackrock + 2.3K BTC GBTC -3K BTC https://t.co/86WEHh6SsN
We are so back! https://t.co/5VtFMiwx2H
Hong Kong-based asset manager VSFG, together with Value Partners, have filled an application with Hong Kong’s Securities and Futures Commission for a spot bitcoin ETF. By @amitoj. https://t.co/k9B6k9QlDH
A risky ETF in the US that aims to deliver twice the daily performance of short-term CME Bitcoin futures is seeing strong demand from Korean investors https://t.co/Zf9Fyye2Rg
NEW: #Bitcoin ETFs saw a $418 million net inflow yesterday following five consecutive days of outflows last week. We are so back 🙌 https://t.co/qfobpZOT5b
#KuCoinWeeklyReport Bitcoin reclaimed the 70k level after a week of correction where we saw net negative numbers for BTC spot ETF flow for 5 consecutive days. Although we have not seen the sign of slow-down for the GBTC outflow, the resurgence came after the positive number for… https://t.co/5jxBnVitHG
Spot bitcoin ETFs have their best day in two weeks https://t.co/1Evw58MGyT
BlackRock’s and Fidelity’s #Bitcoin ETF have had a net inflow for 52 straight days since their launch. These are the first ETFs to ever do this!
Bitcoin ETF net inflows are back! $418mil yesterday https://t.co/fgQ2GZfe43
A bumper spot ETF inflow day has reversed a trend of outflows as #Bitcoin recovers from heavy Grayscale-led outflows. https://t.co/ucklYY0Fcs
It's good to see some positive momentum after more than $880M in net outflows in #Bitcoin spot ETFs from March 18 to 23... https://t.co/w6CJFHcJoO
ETF ISSUERS' INFLOWS AND OUTFLOWS ON MARCH 26 Grayscale (GBTC): -$212.33M Blackrock (IBIT): +$162.16M Fidelity (FBTC): +$279.1M Ark Invest (ARKB): +$73.6M Bitwise (BITB): + $16.74M Invesco and Galaxy Digital (BTCO): +$26.74M VanEck (HODL): +$15.79M Valkyrie Digital… https://t.co/CSFVPng50d
Strong Positive $418m #BTC #ETFs https://t.co/DMyrXna20q
🚨 Spot #Bitcoin ETFs saw their largest day of net inflows since March 13th with +$418M for Tuesday https://t.co/7MPsN5P1To
Yesterday's ETF flows were finally strong and positive again with a net $418 million. Blackrock woke up and did $162.2 million but Fidelity has been the leading ETF last 2 days with $279 million. Ark also had a good day with $73.6 million. $GBTC outflows were $212.3 million.… https://t.co/Fs3e5rEqqv
🆕 Check out today's top #crypto news on #KuCoinMarketWatch ⤵️ 🟢 US lawmakers seek SEC clarity on #Ethereum's security status 🟢 BlackRock's spot #BitcoinETF holdings top new high at $17B 🟢 Goldman Sachs advances asset tokenization Which story caught your attention?
BREAKING ‼️ - On Tuesday, #Bitcoin ETFs experienced NET INFLOWS totaling $418 million. BlackRock: $162.2 million Fidelity: $279.1 million Bitwise: $16.7 million Ark: $73.6 million Invesco: $26.7 million Franklin: $26.3 million Valkyrie: $29.9 million VanEck: $15.8 million… https://t.co/Kl3tzffpgh
✅ U.S. Bitcoin ETFs w/ a strong $418 million net positive day (3/26) despite $212m outflow by $GBTC 👇 Fidelity wins the day again w/ +$279m & 4,000 BTC added 💥 $IBIT $FBTC $ARKB $BITB $BRRR $BTCO $HODL $EZBC $BTCW https://t.co/tOtesIw06z
350Mil positive inflow day for ETFs
3/26 $IBIT inflow +2,324 BTC (est. $+162 million)
📣 Top stories of the day 📣 💰 #Bitcoin passes $70k mark and $1.38 trillion dollar market cap 🖼️ #NFT sales rally 28% with Bitcoin dominating the scene 🌊 Kryll surges 85% amid new liquidity pool launch on #Uniswap v3 🤝 #Grayscale CLO anticipates SEC approval for spot Ether…
Get the feeling that $FBTC is the preferred ETF vehicle for macro funds, while $IBIT caters to a more heterogenous group, perhaps a lot more IRA focused.
🚨 gBTC saw outflows of -$212.3M today
UPDATE Hong Kong #Bitcoin ETFs are expected to be approved in Q2 Including the ability to withdraw #BTC (No paper bitcoins!) Follow our ETF Tracker for approval updates and asset flows. https://t.co/2bsO1UwIGY
.@BernsteinBuzz says the launch of @BlackRock’s first tokenized fund on a public blockchain is significant because of how the asset manager has brought in key ecosystem partners from both the TradFi world and the crypto sector. https://t.co/oFjufglQxw
Bitcoin ETF Flow - 26 March 2024 GBTC Outflow $212m
After just two months, Bitcoin ETFs have amassed approximately $60B in assets under management, a figure that took Gold ETFs 15 years to achieve. https://t.co/efXvLrgCs3
BlackRock’s tokenized Ethereum fund will encourage “more traditional institutional customers to adopt on-chain funds.” @AB_insights analysts say. https://t.co/BpTUk93l8e
Strong day.. seeing GBTC coming in at around 349M today too.. Lower would have been very bullish https://t.co/Cu06fPzZCE
People credit the recent Bitcoin selloff to GBTC, and while that may be true, GBTC is one of the reasons why the price is so high in the first place. How do you think they got their hands on 620,000 BTC?
#Bitcoin Short Squeeze to $80K Before May? With price hovering around $70K, the ETFs have their first POSITIVE day of inflows after 5 straight days of outflows totaling $900M. Is this the beginning of another streak of relentless buy pressure? Dante with your daily update👇 https://t.co/2uDHEV0VpG
Last week, for five consecutive trading days, the Bitcoin spot ETFs experienced net outflows. Are we nervous? No. In this week's Crypto Crisp, we explore why this doesn't concern us: https://t.co/AeHW3AguUo https://t.co/lgv4ISfhgu
What's interesting about the flows is last week seems like people were dumping GBTC but not buying back in etfs (net otuflow). Wonder if they thought they would get better buy prices lower or they just don't want btc exposure anymore. I say we make them buy back higher
BlackRock's Ethereum Tokenized Fund ‘Brings Legitimacy’: Bernstein ► https://t.co/WbhQUbyqP5 https://t.co/WbhQUbyqP5
🗞️ @SECGov asks New York judge to impose nearly $2 billion in fines against @Ripple 🗞️ Activity on Base surges amid a meme coin-led frenzy 🗞️ London moves toward $BTC, $ETH ETN marketplace @JennSanasie has today's top headlines on "CoinDesk Daily" 👇 https://t.co/XxEPEAUb3s
NEW: WisdomTree gain approval to purchase spot #Bitcoin ETFs for its $206 million and $117 million funds. https://t.co/34alkdWGz0
4 #Bitcoin ETFs are among the top 30 ETFs worldwide with the highest asset value in the first 50 days of trading INCREDIBLE STATS 💥 https://t.co/LZQaPMP2qV
#ETF Update: A halt to the slide, #bitcoin ETFs post green day ✅🛝 IBIT and FBTC also breaking new records 📈 Click below for the full report 📝👇 https://t.co/FM25biORjl https://t.co/M0hnLnfnME
Four ways BlackRock’s tokenised fund on Ethereum will revolutionise markets https://t.co/t7oTdMTKV4
Mar 26 Update: #Grayscale decreased 2,700 $BTC(-$188M) and currently holds 347,552 $BTC($24.2B). #Fidelity added 3,695 $BTC(+$257M) and currently holds 139,720 $BTC($9.7B). 9 ETFs(Including #Grayscale) added 2,637 $BTC(+$183.7M). https://t.co/6eQd6YPnSU https://t.co/QybDBEAxgt
JUST IN: BlackRock and Fidelity spot #Bitcoin ETFs rank #1 and #2 in assets after the first 50 days of trading for ETFs. https://t.co/kspKdggUn4
💡 Crypto Basics BlackRock's move into #Bitcoin ETF marks a significant step in bridging the gap between traditional finance (TradFi) and crypto. CMC takes a closer look at the strategies & visions behind this industry leader. https://t.co/TwAXHyB43G
BlackRock's first tokenized fund is a bigger deal than people think 🧠 Here's why👇 (1/6) https://t.co/1sbPM81a6W
RUG RADIO ROUNDUP by @web3memories The latest news for March 26th 📰 🗞 Bitcoin reclaims $71K - Nilam Resources files letters of intent to acquire 24,800 BTC ($1.7B). 🗞 London Stock Exchange will open the market for Bitcoin and Ethereum Exchange Traded Notes (ETNs) on May… https://t.co/lEPxWZm9Ig
BlackRock's first tokenized fund is a bigger deal than people think 🧠 Here's why 👇 1/6 https://t.co/HBsfBMBpfg
Here's a look at Top 30 ranked by assets in first 50 days on market. Went global for this so this is out of 11,338 funds. Four BTC ETFs made the list. $IBIT and $FBTC in league of their own. $BITB > $GLD! https://t.co/V5ENc3boNv
FOMO HOUR #85 - BTC IS BACK ON TOP! https://t.co/Z96amVI97D
Dive into the potential shift in #Bitcoin dynamics as @BlackRock’s spot ETF gains momentum. Could it surpass @Grayscale’s $GBTC? 👀 https://t.co/QlYTq5bapr
FOMO HOUR #85 - BTC IS BACK ON TOP! • BTC breaks $70K as $175M of shorts liquidated. • ETFs see net inflow despite high GBTC outflows. • Gold miner set to buy $1.7B BTC. • UK to list crypto ETNs in May. • ETH ETF may still be approved: Grayscale. • Grayscale ETH discount… https://t.co/JAZYwybzmx
Honestly, why is anyone even still holding $GBTC? I'd assume most of the historical buyers are decently crypto native, so they must know they can get the same exposure cheaper in the other ETFs. Always surprised there is still so much of it.
NEW: Grayscale #Bitcoin Trust $GBTC sees continuous outflows since Jan. 11, exceeding 💵 $14B by March 25th 👀 https://t.co/lfmBy07ibN
BlackRock’s tokenized fund 'brings legitimacy' to public blockchains like Ethereum, Bernstein says https://t.co/lZXJSvjTtw
Arkham: Grayscale Bitcoin Holdings Expected to Deplete in 96 Days Analysis from Arkham Intelligence reveals that Grayscale has transferred a staggering 266,470 bitcoin out of its wallets since the launch of Bitcoin ETFs on January 11 https://t.co/id7I6SPgEw
The London Stock Exchange will start a marketplace for bitcoin and ether exchange-traded notes, and #bitcoinETFs accumulated over $15 million on Monday, snapping a five-day outflow streak. @LedesmaLyllah and @godbole17 report in First Mover Americas. https://t.co/ICQL6XjFHd
🟥 Things I’m looking at today 🟥 BTC back above $70k, ETH ETF chances still unclear, WIF leads SOL memes Crypto * BTC: 70.6k (+5%), ETH: 3630 (+5%), SOL: 194 (+4%) * Top 100 gainers: WIF, ICP, BONK, APT * BTC breaks $70k as $175m of shorts liquidated * ETFs see net inflow… https://t.co/Cq52JYldjM
The Morning Minute (3.26) ⏰ Top News: -London Stock Exchange to add crypto ETN market - Crypto rise continues: BTC reclaims $70K, ETH $3,600, SOL $195 -Darkfarms Ordinal fetches ~$270,000 in unique replies auction - Azuki keeps rising 📰 NFT Headlines: - Bitcoin led NFT… https://t.co/10RVpAOrou
NEW: HUGE day for the Fidelity #Bitcoin ETF compared to the rest of the field, helping to cancel out the $350 million in outflows from GBTC 👀 https://t.co/EvFDMjQPiC
Spot Bitcoin ETFs saw their first green day since March 15 with $15 million worth of net inflows on Monday, according to CoinGlass. Read more: https://t.co/vRIrSe8an7
Daily Crypto Market Overview 📣 👉 News: — Bitcoin price breaks out above $71,000, causing spike in short liquidations — Coinbase International sees record daily trading volume in March — SEC seeks $1.95B fine in finaljudgment against #Ripple — London Stock Exchange will start… https://t.co/27uGZu5BsD
🚨 BREAKING 🚨 BLACKROCK AND FIDELITY BOUGHT 4300 BTC WORTH $297.3 MILLION YESTERDAY ALSO BITCOIN ETFs HAD THEIR FIRST NET INFLOW YESTERDAY AFTER A WEEK
GBTC OUTFLOWS ATTRIBUTED TO GENESIS TRADING: BLOOMBERG Eric Balchunas, a senior ETF analyst at Bloomberg, suggests that Genesis may be responsible for GBTC's notable outflows over the last week. Balchunas speculates that Genesis is trading GBTC shares for spot BTC amid… https://t.co/oj08Vjap6S
The Daily Modern Market Snapshot: Tue 26 Mar Headlines 👉BTC reclaims $70k: BTC up 5%; ETH up 5% to $3.6k; SOL up 4% to 194 Some extra info from @S4mmyEth: Nilam signs letter of intent to purchase 24.8k BTC. 24.8k BTC = $1.76bn" 👉BTC Puppets make ATH at 0.31 BTC with 44 BTC… https://t.co/fI5ZvGmrMj
Crypto assets snapped a record 7-week run of inflows (totaling $12.3bn) with record outflows of $942 million last week. @CoinSharesCo https://t.co/vNzUOwwlIF
Bitcoin ETFs See First Green Day After Losing Nearly $1 Billion Last Week ► https://t.co/Tsprg72ttw https://t.co/Tsprg72ttw
💡Bitcoin enthusiasts seem unfazed by the outflow of funds from U.S. Bitcoin spot ETFs last week, with the cryptocurrency once again climbing above $70,000 on Monday. Nearly $900 million was withdrawn from these ETFs last week, reflecting ongoing outflows from Grayscale Bitcoin…
Spot bitcoin ETFs break five-day outflow streak https://t.co/R8Pv4rxERk
After 5 days outflows we finally got an inflow number yday into BTC ETFs. The bad news is GBTC still dumping, the good news is FBTC put in a big number. We must be thru a chunk of the Genesis BK selling. Hoping for inflows to pick up this week. Table from @DegenzNFT https://t.co/cUVIuM5n1M
The Nasdaq-listed $BTC spot exchange-traded funds saw inflows of over $15 million on Monday, according to provisional data published by @FarsideUK. Reports @godbole17. https://t.co/dDcoZbO1A9
Week 13 - This week’s trends👨💻✨ 1⃣ BlackRock Launches Its First Tokenized Fund, BUIDL, on the Ethereum Network, Issued via Securitize, a tokenization platform. With a $5 million minimum investment, BlackRock is sticking with big institutional players. Sources:… https://t.co/ArB9q9d5FM
Bitcoin ETF Flow - 25 March 2024 All data in. Net inflow day after outflows last week https://t.co/Zk3EQE3Hws
Another big outflow for Grayscale of $350 million Holdings are down to 340,000 $BTC from 620,000 https://t.co/tGGFQRLHQv
#Bitcoin ETFs had a net inflow of $15.4 million yesterday https://t.co/jjnSsk9dPT
Crypto Market Daily Review ☀️ The market is growing. Market cap is $2.69T. Bitcoin is trading at $70.5K 💧https://t.co/ISCEGex4sm https://t.co/fvddulVN99
🆕 #KuCoinMarketWatch - Your #crypto updates for Mar 26, 2024 ⤵️ 🟢 London Stock Exchange to launch $BTC & $ETH ETNs trading in May 🟢 Spot #BitcoinETFs see $250M net outflow 🟢 RWA & gaming tokens rise Swipe right for more news ➡️
Less than three months after launching the first-ever spot #Bitcoin ETFs, BlackRock is now launching a tokenized asset fund on Ethereum! Learn more in this week's DeFi roundup! 👇 https://t.co/8Z91Jvw7yw
🆕 #KuCoinMarketWatch - Your #crypto updates for Mar 25, 2024 ⤵️ 🟢 London Stock Exchange to launch $BTC & $ETH ETNs trading in May 🟢 Spot #BitcoinETFs see $250M net outflow 🟢 RWA & gaming tokens rise Swipe right for more news ➡️
Yesterday's ETF flows were positive once again after a negative week for $15.4 million. $GBTC had $350 million in outflows. Fidelity started picking up last week's slack with $261.8 million in inflows. Blackrock only did $35 million. Price moved from $65k to above $70k. A day… https://t.co/HCNwa7L2p8
Unofficial report has $IBIT coming in at only 35Mil today. Way under Fidelity but enough to push us to a positive inflow start to the week with around 15M+ for #BTC ETFs. Was hoping to see IBIT come in strong but green is green. https://t.co/iJ4IGUcbfy
Crypto funds just had their biggest week of outflows on record, according to CoinShares https://t.co/Mquni4Dx9G
BlackRock's ETF accumulated another 501 Bitcoin today. 👀
3/25 $IBIT inflow +501 BTC (est. $+35.4 million)
🗞️ Top5 Crypto News from Today 👇 London SE to debut #crypto ETNs on May 28 @solana's Biden parody token hits $250M cap #Bitcoin back over $71K Philippines to ban #Binance @coinbase's Bitcoin reserves at 9-year low
🧵Daily News Thread🧵 ⏱️3 minute read⏱️ 3️⃣ Sections today ⚫️News ⚫️ 🔵Market cap Update🔵 🔴Reminder for trading Tuesday space, and to like and share🔴 (1/3)⬇️ 6️⃣Headliners from today or weekend 🔵London Stock Exchange to launch Bitcoin and Ethereum exchange traded notes…
Crypto News Today: -- #Bitcoin ABOVE $70,000! -- Grayscale's ETF Could Run Out of $BTC in 96 Days -- Latest #Chainlink Adoption -- Polkadot Ecosystem OUTRAGE $DED $DOT -- #BRC20 Ecosystem Growth -- Latest Cardano News -- & MORE! $ETH $COTI WATCH: https://t.co/LTZiCbwk6Q https://t.co/7YM0XzkFwK
A Coinbase report shows that the cryptocurrency market has recently focused more on the flow of funds into spot Bitcoin ETFs rather than others. The recent outflow may be related to the liquidation of bankruptcy assets of Genesis Global, involving the sale of approximately 35.9…
Bitcoin ETF update: huge Fidelity (FBTC) inflow today at $262MM, biggest since March 13; IBIT could be over $500MM
🚨 gBTC saw -$350.1 million in outflows today
Bitcoin ETF Flow - 25 March 2024 GBTC Outflow $350m
.@coinbase says recent selling pressure in @Grayscale’s $GBTC may have come from Genesis' bankruptcy estate. https://t.co/bhE5Zc7OcU
It took only 1 year from the time @OndoFinance launched a pioneering tokenized BlackRock ETF to @BlackRock launching their own onchain fund. The incumbents see the opportunity and are moving faster than you think
My latest @ForbesCrypto article explains how BlackRock and Fidelity spot #bitcoin ETFs are smashing all expectations on Wall Street https://t.co/EExkjfgYaY
Crypto funds—including Bitcoin ETFs—shed nearly $1 billion last week according to a @CoinSharesCo report. That ends the seven-week streak of gains. Click to read: https://t.co/MUHyexAnT0
Outflows from Grayscale bitcoin ETF hit $1.9 billion in single week https://t.co/hLKXo8mv15 https://t.co/qz7Dpko6Ly
even GBTC may be buying today https://t.co/d4YHjeahZP
How 80-year-old Fidelity became a crypto pioneer—and what’s next after its successful Bitcoin ETF. https://t.co/vFSQBagPcs
🗞️ Coinbase says #bitcoinETFs recorded their first week of net outflows in 2 months. 🗞️ Nigerian authorities charge @Binance with tax evasion 🗞️ Traders bet on SBF sentence @JennSanasie has today's top crypto headlines on "CoinDesk Daily" 👇 https://t.co/S5IoiJAq9M
BTC ATH if we can get $1.5bn of net inflows this week imo I have zero idea if that's possible but clearly either some GBTC pressure has subsided today or IBIT putting in some big numbers I'm also just making up random numbers Good luck
📈#Bitcoin Spot ETF Alert! Massive #ETF FOMO hitting the market - surge in volume with nearly 2hrs left on the clock! 🕑💥 Predicting a whopping 70M+ for #Blackrock's $IBIT📈 #ButTheETFsAreDead 😂 https://t.co/5uLvZUNRG8
#Bitcoin Looks like it will probably be a big net inflow day for the ETFs again today. Just continuous bid ever since the US market open. Very different from last week. https://t.co/CAVuzsOquS
Bitcoin ETFs, Crypto Funds Lost Nearly $1 Billion Last Week Due to Investor 'Hesitancy' ► https://t.co/rY04KVaGgq https://t.co/rY04KVaGgq
Global crypto funds took a sharp downturn last week as investors pulled out $942 million — the most on record, according to CoinShares. https://t.co/avSUvkTK46
🔥BTC is now trading at $70.3K. https://t.co/s2kiFAqKxD https://t.co/lWkW5U1CXr
With the pumpage today on #Bitcoin I'll be excited to see the ETF flows, and if they have departed from last week's trends. @FarsideUK
💥Our daily recap is live!👀 • Bitcoin ETFs' record outflows • @0xPolygon zkEVM endures outage • @worldcoin acts on data security concerns • @Polymarket punters predict airdrops • @dexscreener considers moderation • @base adoption surges Read More: https://t.co/eUSIBVKHrY https://t.co/ifYT79R5Qp
The IBIT #bitcoin spot ETF made up more than half of @BlackRock's net inflows for the year despite the company’s large portfolio of 420 ETFs. Similarly, FBTC accounted for 70% of Fidelity’s YTD flows, attracting 5x more capital than any other ETF in the company’s lineup.…
Digital asset investment products witnessed record weekly outflows last week after billions piled into the vehicles over the past few months. @LedesmaLyllah reports. https://t.co/suuIMXsEN5
NEW: In under three months, BlackRock's #Bitcoin ETF, IBIT, accumulates a greater amount of #BTC than the combined holdings of older exchanges OKX (2017) and Kraken (2011) 👀 h/t: @ali_charts https://t.co/92FmdE7c4g
The market is growing. BTC is now trading at $69.6k. https://t.co/s2kiFAqKxD https://t.co/TiDopl6SwS
Fidelity scored a major success with its Bitcoin ETF, but the firm has been working on crypto for a decade. I dug into why the old-line firm has been so bullish on blockchain — and what comes next: https://t.co/POPEJyaHP3
BlackRock partners tokenization firm Securitize for first digital fund - Ledger Insights - blockchain for enterprise https://t.co/jriC4Dk2j6
BlackRock's #Bitcoin ETF has accounted for over 50% of their net inflows in 2024 https://t.co/63HJ3jCWls
Mar 25 Update: #Grayscale decreased 5,507 $BTC(-$382.9M) and currently holds 350,252 $BTC($24.35B). 9 ETFs(Including #Grayscale) decreased 3,562 $BTC(-$247.6M). https://t.co/DPAzQ4aRyX https://t.co/7LjhcKqM4V
BlackRock + Fidelity Inflows vs Grayscale Outflows https://t.co/sDsn2qiwB4
NEW: 🔸Bitcoin ETFs had the first week of outflows after 7 consecutive weeks of inflows. Mainly due to BlackRock & Fidelity inflows drying up, while Grayscale outflows remained high. https://t.co/EkwwrQgfmd
$BTC coming out strong this morning with a big return of the Coinbase premium, the strongest its been since ATHs on March 13th. After a full week of ETF outflows, today *should* return us to the positive ETF flow regime as long as the premium holds up. https://t.co/fvkprQWbaC
Looks like outflows from Grayscale's $BTC ETF aren't over... https://t.co/b5Qn3o2zbS
FOMO HOUR #84 - BASE ON TOP! • Majors continue to rally as ETF sentiment improves • Genesis have likely sold half their GBTC position • BlackRock could flip GBTC holdings in 3 weeks • BTC short squeeze would liquidate $6.6BN by $75K • Lack of on-chain activity indicates… https://t.co/1VpTa3wWCC
The outflow from crypto investment products from March 16 to 22 reached $942 million after the maximum historical inflow of $2.92 billion https://t.co/1DkoT0ZYxh
Grayscale Bitcoin ETF’s $2bn in outflows lead record bleed in crypto funds. Here’s what will lure investors back https://t.co/E5xwrarovN
CRYPTO INVESTMENT PRODUCTS WITNESSED $1 BILLION EXODUS LAST WEEK - According to CoinShares’ latest blog, Bitcoin and crypto investment products witnessed a staggering $942 million last week. - The outflows follow a 7-week run of inflows to such products, cumulatively totalling… https://t.co/K12vnwS5mg https://t.co/CaH8SJmypz
The Morning Minute (3.25) ⏰ Top News: - Blast GOLD distribution begins - Crypto majors bounce - Memecoins follow suit - ETH NFTs close weekend mixed, up on week - $BOME Ordinals auction closes today, bid more than $250K at current prices. 📰 NFT Headlines: - Bitcoin led… https://t.co/4yzB2S0BP9
🚨JUST IN: CRYPTO INVESTMENT PRODUCTS SAW NEARLY $1 BILLION IN OUTFLOWS LAST WEEK
Happy 50 Straight Days of Inflows to all who celebrate.. Here's look at top ETFs by 'active' inflow streaks, $IBIT and $FBTC on top, shows how weird 50 days is (and unheard of for new etf, altho long ways to beat all time record of 160 days set by $JEPI) via @thetrinianalyst https://t.co/Ty7u5Z4xjx
Global crypto funds saw record net outflows of nearly $1 billion last week https://t.co/qAsYB3Z82B
💼Last week was the worst yet for spot Bitcoin ETFs, with $2B worth of GBTC sales resulting in a weekly outflow of $890M. Analysts attributed the milestone to Gemini Earn offloading GBTC shares provided by Genesis as loan collateral 👀 Read More: https://t.co/iSZEdq0dZm https://t.co/nriIiQs4db
The 10 US spot bitcoin ETFs suffered net outflows each day last week — a streak not seen since the funds launched on Jan. 11. https://t.co/4csd1crZme
Digital asset investment products experienced a weekly outflow of $942 million, ending a 7-week streak of inflows up to $12.3 billion. ETF issuers in the US managed to gather $1.1 billion in inflows, which helped to mitigate the impact of Grayscale’s $2 billion outflows https://t.co/eKSBE1mEv6
According to CoinShares, last week saw a record outflow of $942 million from digital asset investment products, marking the first outflow after seven consecutive weeks of inflows. Among these, Bitcoin saw outflows of $904 million, while Ethereum, Solana, and Cardano experienced…
So Gemini/Genesis bk had about $3.9bn to sell. GBTC saw $2bn outflows last week. I doubt 100% of last weeks' outflow was the bk selling but it does feel like we're through a decent chunk of it. https://t.co/GOktiYC5eV
BlackRock's Larry Fink has flagged tokenisation as the next big thing after his wildly successful foray into Bitcoin ETFs. Regulators are noticing: the $19 TRILLION in dormant collateral makes crypto look tiny in comparison. @InbarPreiss @Joanna_Focus https://t.co/m3LvLPjXV1
Hesitancy amongst investors led to record digital asset ETF / ETP net outflows of US$942m https://t.co/Iz8kUsEy2G
Cointucky Derby update for the #bitcoin ETFs. Last week was -$888 million for the group. Outflows were likely related to bankruptcy -- they were mostly Gemini/Genesis selling. *Expecting* that to slow over the next ~week. They had a total of ~$3.9 bln of $GBTC to sell. https://t.co/qXiog228z8
Despite the Grayscale's ETF bitcoin outflows of $13.8 billion worth of Bitcoin, Blackrock's IBIT ETF absorbed $13.341 billion between March 6 and March 22. The net US ETF demand in that period was +$11.27 billion. This does not count other buyers like Microstrategy. With… https://t.co/55QGfNlTPI
Weekly Crypto Market Overview 📣 👉 News: — SEC delays Grayscale futures #EthereumETF — BlackRock's ETF could flip GBTC in Bitcoin holdings within 3 weeks 👉 Project Updates: — Ethereum’s Pectra upgrade to raise max validator stake to between 32 and 2,048 $ETH — Google now… https://t.co/uVRrD3pwMv
.@coinbase says recent selling pressure in @Grayscale’s $GBTC may have come from Genesis' bankruptcy estate. @willcanny99 reports https://t.co/crJgtCBvLc