BitcoinETFs.
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JUST IN: BlackRock and Fidelity now own a combined 144,640 #Bitcoin
worth $6.5 billion for their spot #BitcoinETFs.
#sanor016CommUNITY @sanor016 #Write2Earn
worth $6.5 billion for their spot #BitcoinETFs.
#sanor016CommUNITY @sanor016 #Write2Earn
Bitcoin (BTC) showing a 4% increase and Ethereum (ETH) with a 2% rise reflects positive market momentum. It's interesting to observe how these fluctuations contribute to the ongoing dynamics of the cryptocurrency space. Investors are likely keeping a close eye on these movements for potential trading opportunities.
#Write2Earn #TrendingTopic #BitcoinETFs.
#Write2Earn #TrendingTopic #BitcoinETFs.
Surging Tides: Analysing the Weekly Flow of Bitcoin ETFs
$BTC
Now that we are five an half weeks after the #BitcoinETFs. started to trade, it is time to evaluate also the weekly chart, considering the daily average per week (for a better comparison).
In the upper chart we have the ETFs daily average per week of The Nine Inflow. We notice that after the first two solid weeks we had a downtrend for three weeks, reaching the $300m-$350m inflow per day. This week there has been a significant increase, and we almost reached an average of $600m daily inflow.
In the lower chart we have the ETFs daily average per week of Net Inflow, including The Nine and GBTC. This is even more fascinating. We notice a solid start in the first two days ($400m daily Inflow), then a downtrend that brought even an net Outflow in WK4 (the week when GBTC was selling $500m-$700m per day) and then un uptrend from there, reaching an average net daily net inflow of $140m in WK5, of $238m in Wk6 and of $453m in Wk7. A very beautiful uptrend!
#ETFsApproval #BTC #Write2Earn #TrendingTopic
Now that we are five an half weeks after the #BitcoinETFs. started to trade, it is time to evaluate also the weekly chart, considering the daily average per week (for a better comparison).
In the upper chart we have the ETFs daily average per week of The Nine Inflow. We notice that after the first two solid weeks we had a downtrend for three weeks, reaching the $300m-$350m inflow per day. This week there has been a significant increase, and we almost reached an average of $600m daily inflow.
In the lower chart we have the ETFs daily average per week of Net Inflow, including The Nine and GBTC. This is even more fascinating. We notice a solid start in the first two days ($400m daily Inflow), then a downtrend that brought even an net Outflow in WK4 (the week when GBTC was selling $500m-$700m per day) and then un uptrend from there, reaching an average net daily net inflow of $140m in WK5, of $238m in Wk6 and of $453m in Wk7. A very beautiful uptrend!
#ETFsApproval #BTC #Write2Earn #TrendingTopic
TradeDog Bitcoin ETF Tracker is now live!
Keep up with the latest performance, market cap, and volume of leading #BitcoinETFs.
Visit our website to track - tradedog.io
#BitcoinETF #ETFTracker #CryptoInvesting #Bitcoin
Keep up with the latest performance, market cap, and volume of leading #BitcoinETFs.
Visit our website to track - tradedog.io
#BitcoinETF #ETFTracker #CryptoInvesting #Bitcoin
$BTC Bitcoin's initial target is 60K, with a new range between 49K and 55K. The buying pace will accelerate with #BitcoinETFs. #Write2Earn
"Spot Bitcoin ETF Sees Avalanche of Funds, Surpassing $4.69 Billion Inflows"
The spot Bitcoin ETF market has broken a new record as total net flows topped $4.69 billion.
Read more on: https://thecryptobasic.com/2024/02/16/spot-bitcoin-etf-net-inflows-tops-4-69-billion/
#BitcoinETFs. #BTCETFSPOT #Crypto #CryptoNews🔒📰🚫 #cryptonewstoday
Read more on: https://thecryptobasic.com/2024/02/16/spot-bitcoin-etf-net-inflows-tops-4-69-billion/
#BitcoinETFs. #BTCETFSPOT #Crypto #CryptoNews🔒📰🚫 #cryptonewstoday