Grayscale's Bitcoin spot ETF, GBTC, experienced significant net outflows, with a single-day outflow of $394 million on January 25. The outflows slowed over the next few days but surged to a record $671 million on January 26. Grayscale deposited large amounts of Bitcoin to Coinbase Prime, totaling $4.64 billion since the ETF was approved. Other ETFs, including BlackRock's IBIT, saw net inflows. On January 29, Grayscale's outflows decreased to 8,668 BTC, worth approximately $364 million, marking a decline in selling. The total net inflow for Bitcoin spot ETFs on January 29 was $255 million, with Grayscale GBTC experiencing a single-day outflow of $191 million. Grayscale's AUM is approximately $21.431 billion, with a total of 120,500 BTC sold after the spot ETF passed.
BREAKING🚨 #Grayscale did it again! They just moved 6,220 #Bitcoin ($268M) to Coinbase - their smallest transfer ever.
Bullish! Grayscale's BTC selling is on the decline. Today, only around 6.2K BTC ($270M) were sent out of GBTC, which is a 28% decrease compared to yesterday. https://t.co/is7957647Y
According to Arkham data, at 22:20 UTC+8 on January 30, Grayscale once again transferred 4,418 BTC to an address suspected to be Coinbase Prime Deposit, worth approximately $191 million. https://t.co/79xyMqJylW
According to Arkham data, at 22:20 UTC+8 on January 30, Grayscale once again transferred 6,227 BTC to an address suspected to be Coinbase Prime Deposit, worth approximately $269 million. https://t.co/79xyMqJylW
According to SoSoValue, the situation began to reverse. On January 29, the Bitcoin spot ETF had a total net inflow of US$255 million, and Grayscale GBTC had a single-day net outflow of US$191 million. The other nine ETFs except Grayscale saw a total net inflow of $446 million.…
As of January 29, 2024, the number of Bitcoins held by Grayscale was 496,573.8166. Additionally, GBTC’s AUM is approximately $21.431 billion. After the spot ETF passed, Grayscale users sold a total of 120,500 BTC, which is equivalent to approximately $5.508 billion.…
Grayscale sends another 8,600 bitcoin worth $360 million to coinbase! When will it end? 🤣
JUST IN: Within the first hour of trading, BlackRock's #Bitcoin ETF is surpassing GBTC in volume, marking the first time a new #Bitcoin ETF is outperforming Grayscale. If this trend continues, it will be the first day a Bitcoin ETF has a higher trading volume than Grayscale. https://t.co/n5PrFWZhgt
Just ~ 8.7K ($362M USD) #BTC were sent from Grayscale to Coinbase to sell. Seems bullish as it's the lowest amount since Grayscale outflows started! https://t.co/Bw8B8ZAQar
45 minutes ago, #Grayscale deposited 6,534 $BTC ($274.95M) to #CoinbasePrime again. They have deposited 119,663 $BTC( $4.91B) to #CoinbasePrime since the #ETF approval. Their current balance is 495,290 $BTC($20.76B). https://t.co/c0Lq6vyauW
New batch of Grayscale $BTC outflows. About 6500 BTC deposited on Coinbase. Roughly $270m current value (theoretically). Lowest batch so far I think, but still significant size. https://t.co/7bAvDDQLlc
JUST IN: Grayscale sends 8.6K $BTC worth $360M to Coinbase. Lower than the $500m average from the first ten days. Selling drying up... 🚀 https://t.co/Njm0NDAe4r
JUST IN: Grayscale sends another ~8,665 #Bitcoin ($363M) to Coinbase 👀 This is roughly half of what they were sending last week. The bleed seems to be slowing 🙌 https://t.co/CiRxI4ekqE
Grayscale deposited 6,534 $BTC($274.95M) to #CoinbasePrime again 25 mins ago. #Grayscale has deposited 119,663 $BTC($4.91B) to #CoinbasePrime since the #ETF was passed. And #Grayscale currently holds 495,290 $BTC($20.76B). https://t.co/ywvGy16eLP https://t.co/SpgAAE7Lyu
Grayscale deposited 6,534 $BTC($274.95M) to #CoinbasePrime again 30 mins ago. #Grayscale has deposited 119,663 $BTC($4.91B) to #CoinbasePrime since the #ETF was passed. And #Grayscale currently holds 495,290 $BTC($20.76B). https://t.co/ywvGy16eLP https://t.co/aUIeHXoXvi
Jan 29 Update: #iShares (#Blackrock) added 2,073 $BTC($87M) and currently holds 52,026 $BTC($2.18B). #Fidelity added 2,383 $BTC($100M) and currently holds 46,238 $BTC($1.94B). #ARK 21Shares 1,105 $BTC($46.37M) and currently holds 14,390 $BTC($603.89M). https://t.co/FozTp0fWQt https://t.co/2Pe0qkP1LQ
According to Arkham, at 22:11 UTC+8 on January 29, Grayscale once again transferred 8,668 BTC to Coinbase Prime Deposit, worth approximately $364 million. https://t.co/79xyMqJ0wo
BIG BREAKING: #Grayscale Transferred another 8663 Bitcoins to Coinbase! https://t.co/IqmpFdUMaR
$363M $BTC sent from Grayscale to Coinbase https://t.co/8uUMXnqK4F
🔸JPMorgan: 'Spot Bitcoin ETFs Post Sales of ~$15mn on Eleventh Day of Trading' "We estimate preliminary U.S. spot Bitcoin ETFs saw ~$15 mn of net sales on Friday, January 26, the group's eleventh day of trading. Friday's net inflows reversed the four-day streak of redemptions,…
Grayscale has sent 💵 $4.64B worth of #Bitcoin to Coinbase Prime since ETFs were approved 😱 https://t.co/juIDq3FpKc
According to sosovalue, the total net inflow of Bitcoin spot ETF on January 26 was US$14.81 million, of which Grayscale GBTC had a single-day net outflow of US$255 million. Other ETFs except Grayscale have a total net inflow of US$269 million, and Grayscale GBTC still holds…
Grayscale Bitcoin spot ETF GBTC had a net outflow of US$671 million on January 26, with a single-day turnover of US$656 million, setting a record for this ETF's largest single-day net outflow. Grayscale ETF’s cumulative net outflows have reached $5.46 billion, and it still holds…
🚨 UPDATE 🚨 ⬆️ + 1.5K Net inflows to #Bitcoin ETFs Yesterday ✅ IBIT + 4.3K #BTC ✅ FBTC + 2.5K #BTC GBTC continued its outflows - 10K #BTC 📉 Follow our Live ETF Tracker for charts and data updates. https://t.co/l0ntCtvmLJ
🚀 $IBIT just lit up the #Bitcoin ETF scene, leaving $GBTC Volume in the dust for 1st time! 🔥 I reckon a flood of cash pouring into #Blackrock ETF today! #BlackRockOnFire💸 https://t.co/GBe0a38EZ2
Grayscale deposited 9,995 $BTC($410.9M) to #CoinbasePrime again 20 mins ago. #Grayscale has deposited 113,129 $BTC($4.64B) to #CoinbasePrime since the #ETF was passed. And #Grayscale currently holds 502,043 $BTC($20.67B). https://t.co/RIRgdtTDMG https://t.co/9E20PVZGw8
According to Arkham, at 22:13 UTC+8 on January 26, Grayscale once again transferred 10,923 BTC to Coinbase Prime Deposit, worth approximately $449 million. https://t.co/79xyMqJylW
Jan 26 Update: #Grayscale decreased 10,872 $BTC($447.8M) on Jan 25. 8 ETFs added 8,744 $BTC($360.2M) on Jan 25, of which #iShares (#Blackrock) added 4,284 $BTC($176.5M). https://t.co/EvJeDBS4wJ https://t.co/CfT7UDv4RY
On January 25, the total net outflow of Bitcoin spot ETFs was US$79.62 million, of which the Grayscale ETF GBTC had a single-day net outflow of US$394 million. Other ETFs except Grayscale had a total net inflow of US$314 million, BlackRock ETF IBIT had a single-day net inflow of…
Grayscale’s Bitcoin spot ETF GBTC had a net outflow of $394 million on January 25, with a single-day trading volume of $502 million. Net outflows slowed slightly over 3 trading days ($429 million on January 24, $515 million on January 23, and $640 million on January 22).…
Grayscale’s Bitcoin spot ETF GTC had a net outflow of $394 million on January 25, with a single-day trading volume of $502 million. Net outflows slowed slightly over 3 trading days ($429 million on January 24, $515 million on January 23, and $640 million on January 22). Grayscale…