BlackRock's Bitcoin ETF has recently achieved significant milestones, holding 273,596 BTC worth approximately $18 billion, surpassing MicroStrategy's holdings by 59,350 BTC. The ETF reached the same level of assets under management as the Gold ETF in just 71 days, a feat that took the latter 808 days. However, after a period of consistent inflows, the ETF experienced its first day with $0 inflows, ending a 71-day streak of positive inflows. This shift occurs as the ETF is just 30,000 BTC away from surpassing GBTC's holdings. Meanwhile, overall US Bitcoin ETFs now account for 55.8% of the size of US Gold ETFs, with a total AUM of $58.3 billion. Notably, BlackRock bought 571 BTC yesterday, while 450 Bitcoin are mined per day.
$BTC Spot ETF Flow Table Around the usual GBTC outflow First net 0 day for IBIT, this probably creates some anxiety amongst short term investors Consensus is likely to be quite negative here, would be funny if we actually rally instead https://t.co/pzqEg8Lss1
Crypto down; NFTS BACK https://t.co/yrhbFaPHdw
[1/4] Bitcoin ETF Flow - 25 April 2024 - UPDATE https://t.co/ojRayOFlnu
Bullish Bitcoin traders appear to have scaled back their bets on the world’s largest cryptocurrency as its two major tailwinds subside https://t.co/XypJY4wWjb
#Bitcoin - All 'on course', or is something different this time? #Crypto #StockMarket #Inflation https://t.co/Rgw6tC79pC
everyone talking about how “late cycle” we are now and the possibility that things maybe over because BTC has only barely pushed through its all time high and because many low cap coins have run up +50x makes me more bullish than i have been in months
Bullish Bitcoin traders appear to have scaled back their bets on the world’s largest cryptocurrency as its two major tailwinds subside https://t.co/jLWGnjYe80
BlackRock iShares Bitcoin Trust (IBIT) has seen its first day of $0 inflows since Bitcoin ETFs were launched in the United States in January https://t.co/RMt4wdn0xQ
.@BlackRock's $BTC ETF fell out of favor on Wednesday, drawing no inflows for the first time on record, data from @FarsideUK show. Reports @godbole17. https://t.co/52oDjok5nj
BlackRock Bitcoin ETF had $0 of inflows today Not a single penny. Ends a 71 day streak How does that even happen?
JUST IN: BlackRock’s Bitcoin ETF daily inflow hits $0 for the first time
Yesterday's ETF flows by @FarsideUK. We are back to outflows and of course it's Barry. We had $120.6 million in outflows yesterday. $GBTC did $130.4 million of outflows. Blackrock had 0. Which means that after 70 days for the first time they didn't have any inflows. Price… https://t.co/Akh1agezb6
Bitcoin ETF inflow has been ~$0 for the last month Not good! Source: @TheBlock__ https://t.co/BBG0pNjHmQ
BlackRock Bitcoin ETF leapfrogs ‘cash vacuum cleaners’ with new inflow record https://t.co/lm0Wyw2ld4
BlackRock 'gaga' over spot bitcoin fund that accounts for 24% of firm's total ETF flows: analyst https://t.co/nybFZvssYh
At the close on 23 April, US Bitcoin ETFs held $58.3bn in total AUM compared to US Gold ETFs at $104.4bn. US Bitcoin ETFs now stands at 55.8% of US Gold ETFs size, up 4% WoW. 📈 #Bitcoin #GOLD #ETFs Source: @Bloomberg https://t.co/3GfpP0QdfZ https://t.co/WMFTE0pRNW
450 #Bitcoin mined per day BlackRock alone bought 571 $BTC yesterday $100,000 before you know
BlackRock’s #Bitcoin ETF achieved in 71 days the same Assets Under Management as the Gold ETF (GLD) did in 808 days HUGE https://t.co/ctoFmDpagg
🚨 Spot #Bitcoin ETFs saw modest net inflows of +$31.6M for Tuesday as GBTC outflows remained well below average https://t.co/7rlLVNlHAn
BlackRock's iShares Bitcoin https://t.co/X7mP1eRtkB
BlackRock is buying Bitcoin https://t.co/OGn0ZEo57H
NEW: BlackRock now 30K #Bitcoin away from overtaking GBTC’s holdings 👀 https://t.co/Xv7w5FAp1C
BlackRock now holds 273,596 #BTC worth $18 billion for its spot #Bitcoin ETF. BlackRock's ETF holds 59,350 more #bitcoin than MicroStrategy. INSANEEEEE 🚀🚀🚀🚀 https://t.co/B9VLauk2jM