Grayscale Bitcoin Trust ETF outflows exceed $21B in under 12 months
The Grayscale Bitcoin Trust has had $21 billion in outflows since January, overshadowing gains from the nine new US-based spot Bitcoin ETFs in the market. Go to Source
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The Grayscale Bitcoin Trust has had $21 billion in outflows since January, overshadowing gains from the nine new US-based spot Bitcoin ETFs in the market. Go to Source
Onchain data reveals that ETF flows haven’t been the primary causes of sell pressure for Bitcoin. Go to Source
Spot Bitcoin ETFs saw their steepest single day of outflows since Trump’s election win, signaling market jitters. Go to Source
Bitcoin’s price action has historically benefited from economic concerns and issues in the banking industry. Go to Source
MicroStrategy saw more trading volumes than the US spot Bitcoin ETFs combined as its shares tanked over 25% on Nov. 21. Go to Source
Spot Bitcoin ETFs will need to make an average of $301 million in net inflows per day to get it done this week. Go to Source
BlackRock’s Bitcoin fund carried over to the rest of the United States spot Bitcoin ETFs, which recorded a net inflow of $294 million on Oct. 21. Go to Source
Despite the record European inflows, Bitcoin price has been unable to recover above the $70,000 psychological level since July. Go to Source
Vice President Kamala Harris supports President Biden’s proposal to increase taxes on unrealized gains for the wealthy. Financial author Robert Kiyosaki warns of an impending market crash, urging investments in gold, silver, and bitcoin for safety. Economist Peter Schiff calls for higher interest rates, even at the risk of triggering a recession. Meanwhile, bitcoin ETFs … Read more
On Wednesday, the list of spot bitcoin exchange-traded funds (ETFs) grew from 11 to 12 with the introduction of Grayscale’s Mini Bitcoin Trust. The day’s trading session saw these funds attracting a modest $298,930 in net inflows. Spot Bitcoin ETFs Report Modest Inflows During Tuesday’s trading session, only two spot bitcoin ETFs experienced inflows. Blackrock’s … Read more