The emergence of spot Bitcoin exchange-traded funds (ETFs) has led to a decline in open interest for CME Bitcoin futures. BlackRock has increased its Bitcoin holdings to 63,488 BTC, worth over $2.76 billion. Grayscale's Bitcoin Trust has seen a reduction slowdown, while new ETFs have acquired over 160,000 BTC. The SEC has approved Spot Bitcoin ETP, opening new pathways for Bitcoin investment. Spot Bitcoin ETFs have witnessed net inflows of $247 million, with Fidelity and Grayscale advertising their ETFs on Google. Industry watchers expect wealth managers to enter Bitcoin ETFs with force. Bitcoin ETFs now hold over 3% of the current BTC supply, with BlackRock's ETF surpassing Grayscale's GBTC in daily volume. BlackRock's spot Bitcoin ETF has reached $3 billion in assets, taking just 3 weeks to achieve this milestone.
JUST IN: 🇺🇸 BlackRock's spot #Bitcoin ETF hit $3 billion in assets, and is now in the top 10% of all ETFs by assets. This took just 3 weeks 🔥 https://t.co/5rNvmMz7hp
If that's it for today then this was the lowest $GBTC outflow so far I think. 4400 $BTC outflow and only 1768 (roughly $75m) $BTC deposited on Coinbase. https://t.co/fj3JljvPbj
Blackrock's IBIT #Bitcoin Reserves Soar, Securing 70,005 BTC Valued at Nearly $3 Billion https://t.co/UMYlIgukUD
iShares Bitcoin Trust hits $3bil in assets... $3bil in 3 weeks. Now in the top 10% of *all* ETFs by assets. 3 weeks. https://t.co/8XX5g5heNh
spot BTC ETFs had only +38mm net inflows yesterday. This is less than expected due to premiums going down so a smaller % of vlm for IBIT/FBTC are turning into creations. Good news is GBTC vlm and disc continues to decrease. I expect a slight uptick to ~100mm inflows tonight
BlackRock’s ETF Surpasses GBTC in Daily Volume for the First Time https://t.co/NupQci0AeD
Update for The #Bitcoin ETF Cointucky Derby. Total net inflows of +$38 mln yesterday. -$182 mln left $GBTC. Newborn Nine took in +$220. As stated yesterday, it was the first day that one of these new ETFs ( $IBIT) traded more than $GBTC. https://t.co/kFz8zFxjJc
JUST IN: BlackRock only needs to acquire 50 more #Bitcoin today to hold $3 BILLION worth 👀 They currently hold 70,000 #Bitcoin https://t.co/DiG8xh0UO6
🚨 1st Update for 2/1 #Bitcoin ETF Holdings👇 Another net positive day yesterday, with ETFs buying ~1,030 $BTC Blackrock and Fidelity are late with their data this morning, so I estimated their BTC holdings. Purple highlight = My estimate 🧮 $IBIT $FBTC $ARKB $BITB $BRRR… https://t.co/arbqXhTK41
BlackRock’s spot bitcoin ETF overtakes Grayscale’s GBTC in daily volume https://t.co/LO6QTTRnEN
Grayscale down to 73.9% marketshare of Bitcoin ETFs AUM src: https://t.co/jW6Of0Rxcc https://t.co/E23XFR246B
According to SoSoValue, the total net inflow of Bitcoin spot ETF on February 1 was US$38.45 million, which has been the fifth consecutive day of net inflow. Grayscale GBTC had a single-day net outflow of US$182 million, and the other nine ETFs except Grayscale had a total net…
The Latest Breaking News 📣 — BlackRock and Fidelity’s ETFs attract over $5bn worth of #Bitcoin in three weeks — Bitcoin volumes reach highest since 2021 in sign sophisticated investors are piling in — Polygon Labs lays off 19% of team after ‘rapid growth’ during crypto’s… https://t.co/Evkm5o1crl
Yesterday's #Bitcoin ETF numbers are out. Net inflows of $39 million but slowed down a lot. Looks like Fidelity took a day off. https://t.co/SctWm0Trxx
Bitcoin ETF Flow - Day 15 All data out. Net flow of +$38.5m for day 15. Relatively quiet day it seems https://t.co/L478MuK9v1
NEW: Chart by @HODL15Capital shows how much #Bitcoin the ETFs have accumulated thus far 👀 https://t.co/z48G2cLlLF
JUST IN: Top 5 publicly-traded #Bitcoin holders: 🚀 🇺🇸 Grayscale: 487,026 #BTC 🇺🇸 MicroStrategy: 189,150 #BTC 🇺🇸 BlackRock: 66,200 #BTC 🇺🇸 Fidelity: 59,224 #BTC 🇨🇦 Purpose: 32,318 #BTC https://t.co/xQlgPBC5q4
The $BTC CME OI trade is winding up pretty quickly... Everyone moving towards the Tier-1 product (ETFs) First time that #Bitcoin spot ETFs have seen 4 straight days of net positive inflows! https://t.co/Vj61MTZpBi
Bitcoin ETF flows after first 14 trading days: $1.7 billion Gold ETF flows after first 14 trading days: $1.3 billion
UPDATE #BTC ETF In Flows + 4.4K New All Time High 652.8K #BTC Held in ETFs New 9 ETFs + 8.8K Including: Fidelity + 5.4K Blackrock + 2.5K GBTC Out Flows - 4.4K #BTC Follow our ETF Tracker for Live Updates https://t.co/y3MVUi4gB7
GBTC led daily spot bitcoin ETF trade volumes over the last three weeks. BlackRock’s fund beat it Thursday. https://t.co/MFRpxuQVgj
All of the new ETFs are doing well but these 4 are doing really well. $IBIT, $FBTC, $ARKB, $BITB. https://t.co/pvnmU6U3DQ
Noteworthy spot bitcoin ETF stats via @JSeyff... IBIT, FBTC, ARKB, & BITB have all posted inflows on *each* of their first 14 trading days. By contrast, GBTC w/ outflows *every* day since converting into an ETF. https://t.co/ZFy31V8sSl
Less than a month after the debut of spot Bitcoin exchange-traded funds, the asset managers offering the investment vehicles appear to be seeking ways to bolster their own profitability https://t.co/orJ1Q7C3K7
After the first wave of US spot bitcoin ETFs, two firms still look to bring such a fund with a carbon credit twist https://t.co/5fpyCMmEZw
JUST IN: Spot Bitcoin ETFs now hold 3.3% of Bitcoin's supply. It's only been 21 days since they launched.
JUST IN: 🇺🇸 Spot #Bitcoin ETFs now hold over 3% of the current supply of #BTC https://t.co/ZVFdGb2tZK
JUST IN: Spot #Bitcoin ETFs hold 3.3% of the current BTC supply.
‼️NEW - Bitcoin ETF Daily ‼️ 🏦 BlackRock and Fidelity now hold over $5 BILLION in AUM. 🐎 How long can Grayscale hold the lead? PLUS Elon Musk, US Debt and more Dante breaks down the latest #Bitcoin and #BitcoinETF news. Let us know your thoughts below!👇 https://t.co/UHMQ1xhRh9
Could take months to gain regulatory approval for options on spot bitcoin ETFs… “Products related to spot bitcoin ETFs could raise questions about jurisdiction & oversight, which the CFTC is still sorting through.” Took 3+yrs for CFTC to approve options on GLD. via @Reuters https://t.co/YbswnzBvlx
🤯 The #Bitcoin ETF managed by Blackrock (IBIT) currently holds around 68,500 bitcoins in custody. Considering the days (21) since the ETF's launch, we're looking at an average accumulation rate of 3,261 bitcoins per day. Currently, 900 bitcoins are mined per day (new currency… https://t.co/ToYrWwxwvM
🤯 The Bitcoin ETF managed by Blackrock (IBIT) currently holds around 68,500 bitcoins in custody. Considering the days (21) since the ETF's launch, we're looking at an average accumulation rate of 3,261 bitcoins per day. Currently, 900 bitcoins are mined per day (new currency… https://t.co/FchlpFPtzs
Bitcoin volumes reach highest since 2021 in sign sophisticated investors are piling in https://t.co/etYJxdMqBX
#Bitcoin ETFs: And like Clockwork Spot it anyone? https://t.co/1iMT1DQd67 https://t.co/k5lW34iZmP
Trading spreads continue to tighten. Markets are getting more and more and more efficient for these #Bitcoin ETFs. https://t.co/zPUIoSUr7H
Today's Bitcoin outflows of $GBTC: 6270 BTC. https://t.co/R9T4C0SFMu
Spot bitcoin ETFs have taken in ~$700m in net flows this week alone. Absolutely amazing. People overestimated the short-term impact of ETFs and continue to dramatically underestimate the long-term impact. https://t.co/OwJsSTURZm
JUST IN: BlackRock increases its #Bitcoin holdings to 66,200 $BTC or more than $2.87 billion https://t.co/9ebxMnffFT
1/13 January summary 🧵 Most metrics continued to increase in anticipation of the first US Bitcoin spot ETF approval, which was granted for a total of 11 ETFs on January 10. Total adjusted on-chain volume increased by 8.8% to $357B (BTC: +10.6%, ETH +6%): https://t.co/PzGCRIbvSo
Very positive week so far for Bitcoin ETF flows as GBTC redemptions slow down src: https://t.co/jW6Of0S51K https://t.co/79K9VgvIPv
Looked at #Bitcoin held by US spot Bitcoin ETFs in aggregate. Estimated at ~643 thousand BTC as of Jan 29. https://t.co/TYG5GyP228
Update for the #Bitcoin ETF Cointucky Derby as of Jan 31. Another net inflow day of near $200 million. Total net inflows of $1.46 billion since launch https://t.co/2LCxwqa1bV
Yesterday's bitcoin dump brought to you by more futures liquidations (BITO outflow) even as all the new ETFs see inflows (GBTC continues to bleed) https://t.co/D7GXlEsGsQ
NEW: #Bitcoin Accumulation Trend Score has approximated the value of 1 for the last 4 months, and it's at its strongest in nearly three years, with large entities actively buying up #BTC. This signals strong confidence in the market. https://t.co/Y1ot2aqkdL
Regulatory nod for US spot bitcoin ETF options may take months- sources https://t.co/mZHmcekLYI https://t.co/kMynyQEnKN
Regulatory Nod For US Spot Bitcoin ETF Options May Take Months - MS https://t.co/ddrIyp2AqL
⚠️ REGULATORY NOD FOR US SPOT BITCOIN ETF OPTIONS MAY TAKE MONTHS- SOURCES (Reuters) Options on new U.S. spot bitcoin exchange-traded funds (ETFs) could take months to gain regulatory approval, potentially dampening the appeal of the underlying products, multiple industry… https://t.co/bYMimkw3PM
According to SoSoValue, the total net inflow of Bitcoin spot ETF on January 31 was US$197 million, and it has been net inflow for four consecutive days. Grayscale GBTC had a single-day net outflow of US$187 million. The other 9 ETFs except Grayscale had a total net inflow of…
ETF net flows turning increasingly positive but price still flat? All else being equal without as much GBTC selling pressure you would expect things to trend up
BTC investment vehicles globally currently hold 872,110 BTC - slightly behind the Jan 17 peak. We have also seen four consecutive days of global net inflows, albeit with considerable outflows from futures-based ETFs driven by VanEck's XBTF delisting yesterday and BITO outflows. https://t.co/6A1b7UUsBP
As of the end of January, the new U.S. spot ETFs hold more than 170,000 BTC. Four consecutive days of positive net inflows push the U.S. spot ETF exposure to a new all-time high of 653,247 BTC. https://t.co/YLwRArRNVn
Yesterday's #Bitcoin ETF flows (data by @FarsideUK) show a net inflow of $197 million. Monday's flows have been adjusted to $135 million, it was $250 million first but Fidelity got adjusted. Still a very solid positive week. Price is down now mostly because of FOMC yesterday… https://t.co/lBm3PJJq0W
Bitcoin ETF Flow - Day 14 All flow data out. Net +$198m inflow for all providers https://t.co/MI0Vc6C61d
BlackRock Bitcoin ETF Ad Projected on Building Near Wall Street https://t.co/HYId4Aeqjj
GBTC outflows continue to trend downwards ($188million yesterday) https://t.co/1LDPFVJgvo
Today was the second lowest volume day for the Bitcoin ETF complex The number we are truly interested in after dust settles is what the steady state net inflows will look like If it can settle at ~20mm/day (5b/yr), then the ETFs will offset daily miner supply post halving https://t.co/Mr0sPvyH6f
JUST IN: BlackRock #Bitcoin ETF animated ad projected on building next to Wall Street’s charging bull 👀 https://t.co/sK573eMNiX
GBTC Sheds Almost 125,000 #Bitcoin While 9 Fresh ETFs Gather Over 160,000 BTC https://t.co/wPEDlsaCBo
Estimated outflow for $GBTC today is -$188 million. (smallest outflow aside from Day 1 on Jan 11) $BITB took in +$18 million. $ARKB took in +$15 million. Don't have any others yet. Will share full updates tomorrow 🫡
Bitcoin ETF Flow - Day 14 GBTC outflow $188m
This #Bitcoin ETF building projection is being cast straight out of the Station3 offices across the street. Who is bullish??? https://t.co/9ey4eB6fYZ
UPDATE Total Net Inflows to ETFs +5.5K #BTC Blackrock + 6.8K 🤯 IBIT + 2.7K GBTC Out Flows - 5.2K #BTC Follow our ETF Tracker for Live Updates https://t.co/3AuOm73nt1
JUST IN: 🇺🇸 Fidelity and Grayscale are now also advertising their spot #Bitcoin ETFs on Google 👀 https://t.co/AexTha5pNk
Noticed this @BlackRock filing with @EricBalchunas for their #Bitcoin ETF -- $IBIT. This looks like a storyboard for a public advertising campaign they're planning. Compares bitcoin to first stock, first mutual fund, first online broker first etf, first gold etf and now $IBIT https://t.co/NaUudrw2za
Industry watchers expect wealth managers to enter bitcoin ETFs with force. But it will take time. https://t.co/RkMsDheDxR
BlackRock and Fidelity’s ETFs attract over $5bn worth of Bitcoin in three weeks https://t.co/CQQ8JIbLIK
iShares Bitcoin Trust & Fidelity Wise Origin Bitcoin Fund now #1 & #2 in AUM out of *all* ETFs launched since beginning of 2023… That’s over 600 ETFs. IBIT & FBTC did this in less than 3 weeks.
Spot Bitcoin ETFs witnessed a net inflow of $247 million for the first time a week https://t.co/FXJlE5BTvP
Net Flows of BTC ETFs starting to look real good https://t.co/1cK9EW0GqW
SEC approves Spot Bitcoin ETP, opening new pathway to Bitcoin investment https://t.co/ThUaqDVPEx | by @allenovery
Grayscale's #Bitcoin Trust Sees Reduction Slowdown as New ETFs Gain Ground With Over 160,000 BTC Acquired https://t.co/wPEDlsaCBo
JUST IN: BlackRock increases its #Bitcoin holdings to 63,488 $BTC or more than $2.76 billion https://t.co/6VnsYa5R5c
NEW: CME #BTC futures open interest has declined as spot #Bitcoin ETFs have emerged as a more attractive option for regulated #BTC exposure - Bloomberg https://t.co/othBYvn8HN
Lot's of #bitcoin ETF flow and supply shock discussion. Very healthy BTC inflows. Tether buying. But price is still down 10% since etf's came on board. Suggests equally or greater amount of distribution too. Profit taking from the Oct-Dec front run. Think we just need time!