Grayscale Bitcoin Trust (GBTC) has experienced significant outflows, with $150 million and $154.9 million in outflows reported. Meanwhile, BlackRock's Bitcoin ETF is rapidly gaining assets, nearing $18 billion. Fidelity's spot Bitcoin ETF saw a $123 million inflow, with VanEck CEO noting that 90% of spot Bitcoin ETF inflows are from retail investors.
The Greyscale Bitcoin Trust's outflows hit a new record low on Wednesday, three months after it was converted to a spot Bitcoin ETF. Has the selling stopped? Click to read: https://t.co/xj1JNpoxN4
Blackrock ETF vs. Grayscale ETF https://t.co/6oWGpJ4Flx
$IBIT is up over 50% and has taken in $15b in new cash in three months, both of those numbers are double any other BlackRock ETF and they have 421 of them. That is about as hot as the iron gets holmes. https://t.co/lY8jE6Yvl6
Grayscale Bitcoin Trust Withdrawals Hit Record Low—Has the Selling Stopped? ► https://t.co/CLSSZM2jZ8 https://t.co/CLSSZM2jZ8
Less than three months in, bitcoin ETFs have already outpaced many of the predictions. Check out this and other developments in our most recent Crypto Market Review: https://t.co/cFHWiQuv6z https://t.co/tt9Hrps2Gp
Fidelity’s FBTC Gains Ground, Absorbing Over 1,000 #BTC Amid Wednesday’s $123M Inflow https://t.co/QRVzLmmLyI
Less than 10 days before the 4th Bitcoin halving, nearly $60B worth of Bitcoin (~834k BTC) is being held by ETF issuers. This is more than 4% of the current circulating supply of BTC. If not already, Bitcoin will become significantly scarcer in just a few days. https://t.co/2378SxNHqj
NEW: 90% of spot #Bitcoin ETF inflows come from retail, per VanEck CEO Jan van Eck. https://t.co/FQbchY0vkP
Hong Kong to Reportedly Announce Spot Bitcoin ETFs on April 15 Securities Regulatory Commission of Hong Kong is expediting approval for 4 spot Bitcoin ETFs, bolstering the city as a global financial hub amid challenges posed by the pandemic and China’s economic slowdown. https://t.co/kBL8V1Y1ys
$124m net inflow yday and GBTC posting I think it's lowest outflow number so far. Feels like these +/- 100-200m numbers aren't moving the needle much for now and PA has lost some sensitivity to this data. Think we need to get back to a sustained trend to go up (or down). https://t.co/wT7wQFI2Xm
• $BTC supply on exchanges is at a 6-year low • Hong Kong is planning to approve $BTC ETFs • London Stock Exchange is listing $BTC ETNs • South Korea is allowing $BTC ETFs. • OTC Desks are running out of $BTC. • ETFs are buying more $BTC than the daily new issuance…
The Grayscale Bitcoin Trust (GBTC), an exchange-traded fund, has experienced a significant drop in outflows, reaching a record low that was nearly 90% lower than the previous day https://t.co/5GQ6LURsx2
The US spot bitcoin ETFs snapped a two-day net outflow streak Wednesday as GBTC’s asset bleeding hit a single-day low https://t.co/OA45b31FAT
NEW: GBTC sees the smallest outflow since the launch of the #Bitcoin ETFs with just $17.5 million leaving the fund 👀 https://t.co/ZdBRGZ2OZ3
JUST IN: Wall Street firms with a combined $15 BILLION in AUM bought exposure to #Bitcoin ETFs in Q1 This is just the beginning 💥 https://t.co/MQ1TZp8tQp
GBTC saw record-low outflows of just $17.5 million yesterday. Is this the end of Grayscale's selling streak? https://t.co/etqrPIe36V
BLACKROCK’S ETF IS CLOSING IN ON GRAYSCALE… FAST - According to data from @SoSoValueCrypto, BlackRock’s spot #Bitcoin ETF in the United States now holds an eye-popping $18.54 billion worth of $BTC. - At the same time, @Grayscale’s spot Bitcoin ETF holds just $22.12 billion… https://t.co/6Rwg95qZmz https://t.co/wlUwn3picB
JUST IN: VANECK CEO SAYS 90% OF SPOT #BITCOIN ETF INFLOWS ARE STILL RETAIL INVESTORS
BlackRock: A whole group of investors are now thinking about #Bitcoin for the first time because of spot ETFs. https://t.co/CJPvl0gprH
Bitcoin ETF Flow in the US continue to moderate https://t.co/LAaI6WPrEG
🚨 Grayscale’s Spot #Bitcoin ETF saw only -$17.5m in outflows today It’s lowest daily outflow ever 👀🔥
🚨 BREAKING: Total Spot #Bitcoin ETF trading volume surpasses $200 billion
Net inflows of $123million yesterday for the Bitcoin ETFs Record low GBTC outflows of -$17.5million & halving in ~8 days As I said months ago, stars aligning https://t.co/aP9OaDPjzn
Chinese investors are flocking to Gold funds, pushing premiums up to 30%. Meanwhile, Hong Kong is about to approve #Bitcoin ETFs. Very bullish 👀 https://t.co/je7pKN9A0R
UPDATE: #BITCOIN SPOT ETFS SAW NET INFLOWS OF $123.68M ON APRIL 10
US SPOT BITCOIN ETF TRADING VOLUME HITS $200 BILLION The trading volume for U.S. spot Bitcoin ETFs exceeded $200B, reaching $201.7B just under three months following the SEC's approval of ETFs from BlackRock, Fidelity, Bitwise, among others. The volumes have doubled since March… https://t.co/ETVoGDr8NI
BLACKROCK'S BITCOIN FUND NEARS $18B IN ASSETS BlackRock's spot Bitcoin ETF has grown to almost $18B in assets, surpassing many of its other funds, despite a general cooling in investor enthusiasm for ETFs. The rise in Bitcoin's value has also increased the asset values of ETFs… https://t.co/daziAj2n9v
Yesterday's ETF flows by @FarsideUK We had our first positive inflow day of the week with a net inflow of $123.7 million. $GBTC has slowed down to $17.5 million of outflows. The lowest since the launch of the ETFs. Fidelity had $76.3 million of inflows, Blackrock "only" $33.3… https://t.co/VqMcqH6N3k
Bitcoin ETF Flow (US$ million) - 2024-04-10 TOTAL NET FLOW: 123.7 (Provisional data) IBIT: 33.3 FBTC: 76.3 BITB: 24.3 ARKB: 7.3 BTCO: 0 EZBC: 0 BRRR: 0 HODL: 0 BTCW: 0 GBTC: -17.5 DEFI: 0 For all the data & disclaimers visit: https://t.co/4ISlrCgZdk
Confluence of factors to be bullish $BTC vs. alts for next few days: • Hong Kong ETF issuers buying $BTC to seed launches • Crypto funds selling alts for $BTC due to SEC's UNI wells notice • TradFi gold bid spillover to $BTC • Halving narrative acceleration
GBTC daily outflow hits record low of $17 million as Grayscale CEO expects ‘equilibrium’ https://t.co/kKJkV6ts6W
U.S. Spot #Bitcoin ETF Landscape: Outflows Continue to Persist https://t.co/OfRSFLURT9
Can it be: GBTC almost no selling, just $17.5MM, lowest since launch of bitcoin ETFs. Meanwhile Fidelity jumps to +$76MM https://t.co/sJEdVwoTbc
#Bitcoin ETF Scene is changing rapidly. BlackRock soon owns more $BTC in IBIT than Grayscale. Yesterday Grayscale Outflow was the lowest, only -$17M compared to around -$300M usually! Great news. Some Big Boy done Selling? #BitcoinETFs https://t.co/QOaqbM50f7 https://t.co/diecqKGXmo
Bitcoin ETF Inflow/Outflow (9th April) Net positive 123.5 million inflow day, with Fidelity (FBTC) purchasing a 76 million today. Grayscale only had $17.5 million in outflows today. (It's too early to celebrate though, as it could be a strategic pause day.) + Hong Kong is set… https://t.co/rIgrZFY4tY
4/10 $IBIT inflow +482 BTC ($+33.4 million) Volume traded closed at $1.53 billion https://t.co/v4NUPtHaFE
Less than 10 days away now and $GBTC is mostly done selling? We are about to see some crazy times, frens ❤️ https://t.co/d4gc4JRYLB
Less than 10 days away now and $GBTC is mostly done selling? We are to see some crazy times, frens ❤️ https://t.co/pqO810dxVR
Last month we've absorbed $5B In GBTC selling $2B In US Government Selling While price consolidates at ATH right before the #Bitcoin Halving and China approves it ETF What. A. Setup. 🤯 https://t.co/0Te6g0fLmu
The popularity of Bitcoin spot ETFs is spurring whales to snap up more BTC—a group that includes the ETFs themselves. https://t.co/JhFN0iKdeG
BTC up on news that today's GBTC outflows isn't enough to retire
$BTC sets a new all time high this cycle in record time, the halving is less than 2 weeks away, US spot $BTC ETF issuers now hold almost 5% of the entire $BTC supply, only 2 months after going live and you see this triangle coiling for weeks, WHAT DO YOU DO? https://t.co/jilc57uIGa
$GBTC daily outflows 👇 Today's outflow is the lowest @ -$17.5m https://t.co/DZ8VDqedpv
BREAKING: $GBTC (@Grayscale SPOT $BTC ETF) OUTFLOW WAS JUST $17.5M TODAY - PER @FarsideUK DATA https://t.co/mp5tu6sYw7
Lowest daily outflow ever for GBTC today https://t.co/BrVbCkJCZX
Bitcoin ETF Flow - 10 April 2024 GBTC Outflow $18m
NEW: Research by @BitwiseInvest shows that the #Bitcoin ETFs have resulted in record net flows into crypto exchange-traded products (ETPs), with AUM in global ETPs reaching a new high of $88.1 billion 👀😮 https://t.co/mXgimnjsqM
BlackRock's Head of Active ETFs says "a whole group of investors" are now thinking about #Bitcoin for the first time because of spot ETFs 👀 https://t.co/7sXVY85CT8
.@Grayscale's @Sonnenshein says $GBTC outflows are reaching an equilibrium. https://t.co/NaG1tLldUV
💡Bitcoin ETF Filing Update: Gunderson Capital ($200m under management) owns 7671 shares of the Bitwise Bitcoin ETF https://t.co/9ZX0UbSHU9
Bitcoin ETF battle heats up as BlackRock closes in on Grayscale https://t.co/BrJgeZ6QmC
iShares Bitcoin ETF is now in top 100 of *all* ETFs by assets... That's out of nearly 3,500 ETFs. Did this in 3 months.
BlackRock's spot Bitcoin ETF is quickly closing the gap with GBTC. Will the Wall Street titan overtake Grayscale's assets under management by month's end? Click to read: https://t.co/peZ5uXrQ6P
BLACKROCK'S IBIT ON THE RISE: AUM GAP WITH GRAYSCALE'S GBTC DROPS TO $3.8B - @BlackRock's Bitcoin ETF, $IBIT, now has $18.1B in assets, quickly closing in on Grayscale's GBTC with $21.9B, a $3.8B difference. - The gap between IBIT and GBTC AUM reduced from $6B to $3.8B in just… https://t.co/jgckc7IoHm https://t.co/cFhnNhrIMi
US Spot #Bitcoin ETFs Record $19.4 Million in Outflows, GBTC Holdings Decline https://t.co/OfRSFLURT9
JUST IN: EXPERTS EXPECT @BLACKROCK'S $BTC ETF HOLDINGS IN $IBIT TO FLIP @GRAYSCALE 'S GBTC BY MAY AT THE LATEST
BlackRock's Bitcoin ETF Picks Up Pace in Race to Overtake Grayscale's GBTC ► https://t.co/Tluux6P8za https://t.co/Tluux6P8za
ETF trading volume leaderboard as of 1:00pm 👇 $IBIT is the only Bitcoin ETF on the list w/ $922m & only green ETF for the day https://t.co/MglEnW2CCD
JUST IN: Wealth manager Wedmont Private Capital reported that it owns 3,471 shares of the Fidelity spot #Bitcoin ETF with the SEC 🇺🇸 The institutions keep coming 🚀 https://t.co/XKH6QUxvvQ
JUST IN: Wealth manager Wedmont Private Capital reported that it owns 3,471 shares of the Fidelity spot #Bitcoin ETF with the SEC 🇺🇸 https://t.co/5QkcE7nklD
As of 7 April 2024, approximately 2.3 million $BTC were held by cryptocurrency exchanges, the lowest amount since March 2018. This coincides with the launch of US Spot Bitcoin ETFs. Since then, ~161,000 BTC flowed out of exchanges, amounting to nearly US$10 billion. https://t.co/RJBogbmWz8
The first quarter of 2024 saw the most successful ETF launch of all time with bitcoin ETFs gathering more than $12 billion in net inflows. Bitcoin surged 67% to new ATHs and the total crypto market cap approached ATHs near $3 trillion. Here are 5 takeaways from our team's Q1…
U.S. ETF holders now own 838,730 Bitcoins or 4.3% of the entire supply after only 2 months of the spot $BTC ETF's going live. If you sold your Bitcoins today because the March YoY CPI reading came in 0.1% higher than expected by a group of nobody Wall Street forecasters, you… https://t.co/rgooF18giH
All-time spot Bitcoin ETF trading volumes exceeded $200 billion on April 8 despite outflows from Grayscale’s GBTC and a shift in market share https://t.co/8BryQub6mb
First 13F filings flying in WEDMONT PRIVATE CAPITAL BOUGHT 3471 SHARES ($209.336K) OF FIDELITY WISE ORIGIN BITCOIN: 13F
#Bitcoin markets have seen a surge in spot trade volume since the US Spot ETFs went live in early January 2024. As the market reached the $73k ATH in mid-March, daily volumes recorded a peak of ~$14.1B. This magnitude of spot trade volume is equivalent to the height of the… https://t.co/ZRarR9fli8
Michael Sonnenshein said that early outflows from GBTC were "anticipated," and linked to the bankruptcy settlements of crypto firms such as FTX. Read more: https://t.co/EhWeKAelYs
NEW: "We do believe that the fund has started to reach an equilibrium where some of those anticipated outflows, whether it was some of the bankruptcy selling, some investors perhaps undertaking switch trades, are largely behind us,” says Grayscale CEO Michael Sonnenshein. https://t.co/r3Tx19WJF3
JUST IN: 🇺🇸 US #Bitcoin spot ETFs trading volume surpasses $200 billion within just 3 months. Asia is next 🚀 https://t.co/VxQdQJEIjN
Cumulative trading volume of spot BTC-ETFs exceeds $200bn - The Block https://t.co/YJnAb4UBz5
.@Sonnenshein said in an interview that @Grayscale's $GBTC outflows are reaching an equilibrium. By @JamieCrawleyCD https://t.co/pWuXNQc9Ax
🚨JUST IN: @GRAYSCALE CEO THINKS $GBTC DUMPING IS "LARGELY BEHIND US"
Spot bitcoin ETF cumulative trading volume crosses $200 billion https://t.co/IGjex5XK6M
Bitcoin ETF Flow data - 09 April 2024 All data in. $19m net outflow on the day https://t.co/bDLruGOfbZ
Institutions are cranking up their leveraged #Bitcoin exposure. The Volatility Shares BITX 2X ETF is now the largest futures based BTC ETF on the market. It recently surpassed BITO and is still climbing 📈 https://t.co/BusSMgVaxx
GBTC surprised the market on Monday with quite significant outflows (-$303mil, see inset chart), however they reduced yesterday to -$150mil. It seems someone (DCG?) is selling into strength ... Inflows should breakout, along with price once the overhang is cleared https://t.co/HvvhusrZiM
GBTC surprised the market on Monday with quite significant outflows (-$303mil, see inset chart), however they reduced yesterday to -$150mil. It seems someone (DCG?) is selling into strength ... Inflows should breakout, along with price once the overhand is cleared https://t.co/dPMf5o2okz
#Bitcoin ETFs had a tiny outflow of -$18.6 million yesterday $IBIT & $FBTC are still on their inflow streak since their launch
Yesterday's ETF flows by @FarsideUK were a negative $18.6 million. $GBTC outflows were $154.9 million. Blackrock had $128.7 million of inflows. Other than that there was literally nothing noteworthy of the flows. Price dropped back to $68k. A lot of chop in this area. CPI and… https://t.co/TEiB02B0YK
BREAKING‼️ - On Tuesday, #Bitcoin ETFs experienced NET OUTFLOWS totaling $18.6 million. BlackRock: $128.7 million Fidelity: $3.0 million Bitwise: $3.8 million Hashdex: $0.8 million Grayscale: -$154.9 million https://t.co/ulbootRRnF
Bitcoin ETF Flow (US$ million) - 2024-04-09 TOTAL NET FLOW: -18.6 (Provisional data) IBIT: 128.7 FBTC: 3 BITB: 3.8 ARKB: 0 BTCO: 0 EZBC: 0 BRRR: 0 HODL: 0 BTCW: 0 GBTC: -154.9 DEFI: 0.8 For all the data & disclaimers visit: https://t.co/4ISlrCgZdk
GBTC Continues to Face Steep Outflows With Nearly 3,000 #BTC Divested in a Day https://t.co/b21V2P7e2N
🚨 gBTC saw -$154.9M of net outflows today
4/9 $IBIT inflow +1,869 BTC ($+129 million) volume traded closed at $1.4 billion https://t.co/JjVYGyTp07
Thoughts on Fidelity’s spot Bitcoin ETF hitting $10B in AUM today, & upcoming Bitcoin halving price action #Bitcoin #bitcoinhalving 👇@Hut8Corp https://t.co/D7XwLmeANR
NEW: GBTC sees $155 million in outflows today 😮 https://t.co/cPxOMYrfVw
🚨 GBTC Sells 2250 #BTC ($150M) Since launch: 303,000 #Bitcoin out the door. GBTC still holds 316,000 Bitcoin. https://t.co/Bvf6Z5QfiB