Grayscale, a major cryptocurrency investment firm, has been transferring large amounts of Bitcoin to Coinbase Prime following the approval of the Bitcoin spot ETF. The transfers have totaled approximately 113,000 bitcoins, worth billions of dollars. The outflows from Grayscale's Bitcoin spot ETF, GBTC, have reached $5.46 billion, with single-day net outflows exceeding $600 million. Despite these massive dumps, Bitcoin has held steady around the $40,000 range. The outflows from Grayscale to Coinbase Prime have slowed down, with the latest transfer being around 8,600 bitcoins, worth $360 million.
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
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 $4.64 billion worth of #bitcoin to Coinbase since the spot ETF was approved. The price crashed more than 20% We going lower?
Grayscale has sent 💵 $4.64B worth of #Bitcoin to Coinbase Prime since ETFs were approved 😱 https://t.co/juIDq3FpKc
Jan 27 Update: #Grayscale decreased 9,932 $BTC($415.4M) on Jan 26. 8 ETFs added 4,160 $BTC($174M) on Jan 26, of which #Fidelity added 2,536 $BTC($106M). https://t.co/RjFfiWCqGY https://t.co/EPWnn7PKMk
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…
Bitcoin Spot ETF Flow - Day 11 GBTC Outflow -$255.1m
🚨 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
Bitcoin Soars as Selling Slows—Is the Worst Over for Grayscale? ► https://t.co/B3cUwOBRnd https://t.co/B3cUwOBRnd
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…
#Grayscale has now seen -109k #Bitcoin removed from in the last 9 days, about $4.3B in outflows from the fund. The winners? 1) $FBTC now with 45.6k BTC, ~$1.8B 2) $IBIT now with 45.3k BTC, ,~$1.8B Overall, the NET inflows of Bitcoin are still positive, even with all the… https://t.co/fx3s5lBl06
1 hour ago, #Grayscale deposited another 9,434 $BTC($376.5M) to #CoinbasePrime. They have deposited 103,134 $BTC($4.23B) to #CoinbasePrime since the #ETF approval. And #Grayscale currently holds 510,682 $BTC($20.43B). https://t.co/PhmsZvaPD9
BREAKING: Grayscale sent $450m+ $BTC to Coinbase today, compared to $750m yesterday. Are flows beginning to slow? 👀 https://t.co/WYSLybZy9D
According to Arkham, at 22:14 UTC+8 on January 25, Grayscale once again transferred 12,200 BTC to Coinbase Prime Deposit, worth approximately $487 million. https://t.co/79xyMqJylW
Grayscale deposited 9,434 $BTC($376.5M) to #CoinbasePrime again 8 mins ago. #Grayscale has deposited 103,134 $BTC($4.23B) to #CoinbasePrime since the #ETF was passed. And #Grayscale currently holds 510,682 $BTC($20.43B). https://t.co/6fjPOhvFox https://t.co/FHaXDCHUqY
JUST IN: Grayscale sent 12,213 #Bitcoin (~488M) to Coinbase this morning 👀 The fact #Bitcoin is holding the $40K range despite these massive dumps is impressive 💪 https://t.co/9HGfpLjvW4
JUST IN: Grayscale sents 12,213 #Bitcoin (~488M) to Coinbase this morning 👀 The fact #Bitcoin is holding the $40K range despite these massive dumps is impressive 💪 https://t.co/pemoSai8en
JUST IN: Grayscale sents 12,213 #Bitcoin (~448M) to Coinbase this morning 👀 The fact #Bitcoin is holding the $40K range despite these massive dumps is impressive 💪 https://t.co/vcN2qtF9m3
🚨 Big Move by #Grayscale! 🚨 Few minutes ago, a whopping 𝟓,𝟖𝟔𝟓 $BTC (valued at $234M) transferred to Coinbase Prime. Since the ETF green light, Grayscale's total deposits hit a staggering 99,566 BTC ($4.08B)! 🤯 Their current BTC holdings: 510,682 #Bitcoin, worth a… https://t.co/D1I4Immuio
Grayscale deposited 5,865 $BTC($234M) to #CoinbasePrime again 8 mins ago. #Grayscale has deposited 99,566 $BTC($4.08B) to #CoinbasePrime since the #ETF was passed. And #Grayscale currently holds 510,682 $BTC($20.43B). https://t.co/6fjPOhvFox https://t.co/TfUUa0MOFi
Grayscale's #GBTC Offloads $527M in #Bitcoin as Spot ETFs Record Lower Trading Volumes; Other Funds Continue BTC Accumulation https://t.co/0zn896qzRf
Jan 25 Update: #Grayscale decreased 13,179 $BTC($529.2M) on Jan 24. 8 ETFs added 8,251 $BTC($331.3M) on Jan 24, of which #Fidelity added 4,023 $BTC($161.5M). https://t.co/j8M4izWBnF https://t.co/aW01DLRjTY
On Jan. 24, the total net outflow of Bitcoin spot ETFs was $159 million, the largest single-day total net outflow https://t.co/73B8xden7o
On January 24, the total net outflow of Bitcoin spot ETFs was US$159 million, the largest single-day total net outflow, of which Grayscale ETF had a single-day net outflow of US$429 million. ETFs other than Grayscale saw net inflows totaling $270 million. https://t.co/GrOSuUIS9C
According to Arkham, Grayscale has moved nearly 113,000 bitcoins from its wallets since the spot Bitcoin ETF became available for trading on January 11, with the vast majority transferred to Coinbase Prime in preparation for sale. As GBTC trading volume drops, it could be a sign…
Bitcoin Spot ETF Flow - After 9 days here is the provisional chart. Only GBTC, Bitwise, Ark and Franklin in for day 9 so far Day 9: GBTC -$429.3m Ark +$24.9m Bitwise +$20m Franklin +$1.2m Waiting on others. Looks like another net outflow day. https://t.co/E7s3YjyatD https://t.co/fzj2LI5CtH
Bitcoin Spot ETF Flow - Day 9 Provisional update for day 9: * GBTC outflow: -$428.1m * Bitwise: +$20m * Franklin: +$1m Total GBTC outflow after 9 days: -$4,392m
JUST IN: Grayscale sent another 19,200 #Bitcoin worth $760 million to Coinbase. https://t.co/Go0eKlLRLD
Just as the “experts” said the selling had been exhausted for the 10th time, Grayscale sends another 19,200 #Bitcoin worth $760m to Coinbase. https://t.co/XkQd9oZ5MR