FBTC
81,182 views
31 Posts
Hot
Latest
BITCOIN $BTC ETF INFLOW EXPLOSION!
2024-11-06 | Net Inflow: $621.9M 🚀
7-Day Avg: $237.7M 🔥
Bitcoin ETFs saw a monster cash injection – nearly 3X the weekly average! The biggest movers:
#FBTC leading the charge with $308.8M
#BITB rallying at $100.9M
#ARKB making waves with $127.0M
#GBTC adding $30.9M
#BTC flowing in with $108.8M
But it’s not all gains:
🔻 #IBIT saw -$69.1M pulled out
🔻 #BRRR dropped -$2.6M
Is this just the start of a new bull run?
With inflows like this, the Bitcoin rocket may just be fueling up!
Buckle up, #BTC fam – the market's heating up like never before!
$BTC
$SOL
2024-11-06 | Net Inflow: $621.9M 🚀
7-Day Avg: $237.7M 🔥
Bitcoin ETFs saw a monster cash injection – nearly 3X the weekly average! The biggest movers:
#FBTC leading the charge with $308.8M
#BITB rallying at $100.9M
#ARKB making waves with $127.0M
#GBTC adding $30.9M
#BTC flowing in with $108.8M
But it’s not all gains:
🔻 #IBIT saw -$69.1M pulled out
🔻 #BRRR dropped -$2.6M
Is this just the start of a new bull run?
With inflows like this, the Bitcoin rocket may just be fueling up!
Buckle up, #BTC fam – the market's heating up like never before!
$BTC
$SOL
$BTC ETFs have snapped a streak of outflows, accumulating $15.4 million, with Fidelity’s #FBTC leading with $261.8M.
This revival in investor interest comes amid Bitcoin's surge above $71,000, intensifying focus on its upcoming halving in less than 25 days.
#TrendingTopic #Binance #ETFs
This revival in investor interest comes amid Bitcoin's surge above $71,000, intensifying focus on its upcoming halving in less than 25 days.
#TrendingTopic #Binance #ETFs
🚀 Breaking News: #BitcoinETFs are on fire! BlackRock's #IBIT and Fidelity's #FBTC collectively secure a staggering 95,295 BTC, surpassing a whopping $3.90 billion in total assets.
🏆 Leading the charge:
- BlackRock's #IBIT holds 33,706 BTC, valued at $1.4 billion.
- Fidelity's #FBTC boasts 30,384 BTC, totaling $1.25 billion.
📉 In contrast, Grayscale's #GBTC experienced a dip, shedding around $3 billion and currently holds 552,077.7 BTC.
Source: Bloomberg 📊📈 #CryptoNews #BitcoinInvestment
🏆 Leading the charge:
- BlackRock's #IBIT holds 33,706 BTC, valued at $1.4 billion.
- Fidelity's #FBTC boasts 30,384 BTC, totaling $1.25 billion.
📉 In contrast, Grayscale's #GBTC experienced a dip, shedding around $3 billion and currently holds 552,077.7 BTC.
Source: Bloomberg 📊📈 #CryptoNews #BitcoinInvestment
According to SoSoValue, yesterday's Bitcoin spot ETF had a total net outflow of $564 million, a record high. Grayscale GBTC had a single-day outflow of $167 million, and #BlackRockIBIT ETF had its first net outflow, with $36.93 million. The Fidelity ETF #FBTC had the largest single-day net outflow, with a single-day net outflow of $191 million.
#BTC #fomc #bitcoinhalving
Share with your friends
#BTC #fomc #bitcoinhalving
Share with your friends
📊 DWF Ventures submitted wrapped $BTC market overview:
$WBTC currently contributes an enormous stake in the Ethereum #DeFi ecosystem
There are other options available in the market. For instance, Coinbase and Mantle have announced the launch of #cbBTC and #FBTC
#BTCB launched by Binance and #mBTC launched by Merlin also have market sizes of $3.9b and $1.3b
$WBTC currently contributes an enormous stake in the Ethereum #DeFi ecosystem
There are other options available in the market. For instance, Coinbase and Mantle have announced the launch of #cbBTC and #FBTC
#BTCB launched by Binance and #mBTC launched by Merlin also have market sizes of $3.9b and $1.3b
#BitcoinETFs see major inflows! Feb. 13 trading day reports $631M in net flows, adding 12,736 $BTC
🏆 BlackRock #IBIT leads with a $493M influx, reaching $4.6B & 105k BTC holdings.
🔥 Fidelity #FBTC grows by $164M to $3.3B.
🔍 Meanwhile, #GBTC faces $73M outflows.
🏆 BlackRock #IBIT leads with a $493M influx, reaching $4.6B & 105k BTC holdings.
🔥 Fidelity #FBTC grows by $164M to $3.3B.
🔍 Meanwhile, #GBTC faces $73M outflows.
1. The Fidelity Bitcoin Spot ETF (FBTC) has become the world's third-largest Bitcoin ETF in terms of assets under management (AUM).
2. Vetle Lunde, senior analyst at K33 Research, shared this information on the X platform, providing insights into the current state of Bitcoin spot ETFs in the United States.
3. There are currently nine newly launched Bitcoin spot ETFs in the US, collectively holding a total of 140,490 BTC.
4. In contrast, the Grayscale Bitcoin Trust (GBTC) experienced a net outflow of 122,580 BTC during the same period.
5. As a result, the US Bitcoin spot ETF sector has seen a net increase of 17,910 BTC since its inception.
6. Fidelity's FBTC has played a significant role in this growth, contributing to its rise as the third-largest Bitcoin ETF globally.
7. The data underscores the increasing popularity and adoption of Bitcoin spot ETFs in the US market.
8. The shift in investor preferences from closed-end funds like GBTC to ETFs is evident in the net outflows from GBTC and the corresponding increase in BTC holdings in the newly launched ETFs.
9. The ranking of FBTC as the third-largest Bitcoin ETF reflects the ongoing evolution and maturation of the cryptocurrency investment landscape.
10. Monitoring the AUM and net asset flows in Bitcoin spot ETFs provides valuable insights into investor sentiment and market dynamics.
#BTC #TradeNTell #FBTC #ETFsApproval
2. Vetle Lunde, senior analyst at K33 Research, shared this information on the X platform, providing insights into the current state of Bitcoin spot ETFs in the United States.
3. There are currently nine newly launched Bitcoin spot ETFs in the US, collectively holding a total of 140,490 BTC.
4. In contrast, the Grayscale Bitcoin Trust (GBTC) experienced a net outflow of 122,580 BTC during the same period.
5. As a result, the US Bitcoin spot ETF sector has seen a net increase of 17,910 BTC since its inception.
6. Fidelity's FBTC has played a significant role in this growth, contributing to its rise as the third-largest Bitcoin ETF globally.
7. The data underscores the increasing popularity and adoption of Bitcoin spot ETFs in the US market.
8. The shift in investor preferences from closed-end funds like GBTC to ETFs is evident in the net outflows from GBTC and the corresponding increase in BTC holdings in the newly launched ETFs.
9. The ranking of FBTC as the third-largest Bitcoin ETF reflects the ongoing evolution and maturation of the cryptocurrency investment landscape.
10. Monitoring the AUM and net asset flows in Bitcoin spot ETFs provides valuable insights into investor sentiment and market dynamics.
#BTC #TradeNTell #FBTC #ETFsApproval
🔥🔥🔥 US #BitcoinETFs bleed $288 million post-Labor Day
Fidelity’s #FBTC Fund Faces Major Withdrawal Amid ETF Decline
Key Takeaways:
- Fidelity’s FBTC experienced its second-largest withdrawal since inception, totaling around $162 million.
- Grayscale’s GBTC is nearing $20 billion in cumulative outflows amid ongoing market challenges.
- US spot BitcoinETFs saw a major downturn in early September, with $287 million in net outflows on the first trading day post-Labor Day, according to Farside Investors. The funds have now faced five consecutive days of net outflows, losing over $750 million since last Tuesday.
The post-Labor Day ETF market faced intense selling pressure, with 8 out of 11 Bitcoin funds reporting negative performance.
Grayscale’s GBTC saw over $50 million in net outflows on Tuesday, but Fidelity’s FBTC grabbed attention with its significant $162 million outflow—its second-largest since launch.
Other Bitcoin ETFs managed by ARK Invest/21Shares, Bitwise, Franklin Templeton, VanEck, Valkyrie, and Invesco also reported net outflows, while #BlackRock’s IBIT, WisdomTree’s BTCW, and Grayscale’s BTC had no reported flows.
Grayscale’s GBTC is approaching $20 billion in total outflows. Despite signs of a slowdown after months of heavy selling, the fund continues to see significant capital exits. Recent drops in Bitcoin’s value have reduced Grayscale’s assets under management to around $13 billion.
The outflows were partly driven by the liquidation of shares held by bankrupt crypto companies from 2022 and 2023, which sold their Grayscale Trust shares to repay creditors. Grayscale has now lost its leading position in the Bitcoin ETF market to BlackRock, whose IBIT ETF has attracted nearly $21 billion, making it the largest Bitcoin ETF globally.
Source - cryptobriefing.com
#CryptoMarketTrend #BinanceSquareBTC
Fidelity’s #FBTC Fund Faces Major Withdrawal Amid ETF Decline
Key Takeaways:
- Fidelity’s FBTC experienced its second-largest withdrawal since inception, totaling around $162 million.
- Grayscale’s GBTC is nearing $20 billion in cumulative outflows amid ongoing market challenges.
- US spot BitcoinETFs saw a major downturn in early September, with $287 million in net outflows on the first trading day post-Labor Day, according to Farside Investors. The funds have now faced five consecutive days of net outflows, losing over $750 million since last Tuesday.
The post-Labor Day ETF market faced intense selling pressure, with 8 out of 11 Bitcoin funds reporting negative performance.
Grayscale’s GBTC saw over $50 million in net outflows on Tuesday, but Fidelity’s FBTC grabbed attention with its significant $162 million outflow—its second-largest since launch.
Other Bitcoin ETFs managed by ARK Invest/21Shares, Bitwise, Franklin Templeton, VanEck, Valkyrie, and Invesco also reported net outflows, while #BlackRock’s IBIT, WisdomTree’s BTCW, and Grayscale’s BTC had no reported flows.
Grayscale’s GBTC is approaching $20 billion in total outflows. Despite signs of a slowdown after months of heavy selling, the fund continues to see significant capital exits. Recent drops in Bitcoin’s value have reduced Grayscale’s assets under management to around $13 billion.
The outflows were partly driven by the liquidation of shares held by bankrupt crypto companies from 2022 and 2023, which sold their Grayscale Trust shares to repay creditors. Grayscale has now lost its leading position in the Bitcoin ETF market to BlackRock, whose IBIT ETF has attracted nearly $21 billion, making it the largest Bitcoin ETF globally.
Source - cryptobriefing.com
#CryptoMarketTrend #BinanceSquareBTC
💰 Capula Management, Europe’s fourth-largest hedge fund, bought almost $500 million worth of #Bitcoin ETFs
Capula Management acquired 4,022,346 shares in the Fidelity Wise Origin Bitcoin ETF (FBTC) and 7,419,208 shares in BlackRock’s iShares Bitcoin Fund (IBIT), totaling about $464 million. This significant purchase indicates Capula's strong belief in Bitcoin's resilience, even amid recent market turbulence.
#FBTC #IBIT #BitcoinETF #TrendingTopic
Capula Management acquired 4,022,346 shares in the Fidelity Wise Origin Bitcoin ETF (FBTC) and 7,419,208 shares in BlackRock’s iShares Bitcoin Fund (IBIT), totaling about $464 million. This significant purchase indicates Capula's strong belief in Bitcoin's resilience, even amid recent market turbulence.
#FBTC #IBIT #BitcoinETF #TrendingTopic
Recent data from #Bloomberg shows a significant shift in #BitcoinETFs! Grayscale's #gbtc faced over $4 billion in outflows in just 8 days post-SEC's approval of new ETFs, while rivals like BlackRock's #IBIT and Fidelity's #FBTC saw nearly $5 billion inflows. This trend signals a changing investor preference in the Bitcoin ETF market. $BTC
📢 Ark Invest (ARKB) ETF experienced an outflow of $48 million. On June 14, spot Bitcoin ETFs experienced an outflow of $190 million.
🧙♂️ BlackRock's (#IBIT ) Bitcoin ETF saw $1.5 million in inflows.
🧙♂️ Grayscale (#GBTC ) Bitcoin ETF experienced an outflow of $52 million.
🧙♂️ Fidelity (#FBTC ) Bitcoin ETF saw an outflow of $80 million.
🧙♂️ BlackRock's (#IBIT ) Bitcoin ETF saw $1.5 million in inflows.
🧙♂️ Grayscale (#GBTC ) Bitcoin ETF experienced an outflow of $52 million.
🧙♂️ Fidelity (#FBTC ) Bitcoin ETF saw an outflow of $80 million.
🚨😱BTCUSDT URGENT UPDATE 🚨😱
BTCUSDT ETF INFLOW
📰 Bitcoin ETF Inflow Report: 2024-05-18 🚀
📈 Daily Inflows
The Bitcoin ETF market experienced significant inflows on May 17, 2024. Here's a detailed breakdown of the funds and their respective inflows:
1. FBTC: $99.4M 🔥
2. IBIT: $38.1M
3. GBTC: $31.6M
4. BITB: $20.8M
5. BRRR: $6.4M
6. HODL: $9.5M
7. ARKB: $10.0M
8. BTCO: $5.7M
9. EZBC: $0.0K
10. BTCW: $0.0K
Total Net Inflow: $221.5M 💰
📊 Weekly Averages
The 7-day average inflow for Bitcoin ETFs stands at $121.8M. The current daily inflow of $221.5M far exceeds this average, suggesting a surge in market activity and interest.
🔍 Analysis
The significant inflows into Bitcoin ETFs on May 18, 2024, point towards a growing confidence in Bitcoin as a financial asset. The standout performance of #FBTC may reflect particular market strategies or investor sentiment towards this fund. Meanwhile, the zero inflows for EZBC and BTCW might indicate areas where these funds could improve their market positioning or appeal.
👉👉👉
Introducing ALT Restaking:
Revolutionizing Crypto with Innovation 🚀
Breaking New Ground in Crypto 🌐
ALT Restaking is transforming the crypto landscape with its cutting-edge technology and robust token economic model. As the core AVS publishing platform, largest node of AVS, and key contributor/partner of EigenDA in the EigenLayer ecosystem, ALT is poised for greatness.
Efficient and Secure Staking 🔒
The reALT restaking model enables efficient and secure staking, allowing users to maximize their rewards while contributing to the network's growth. With a strong focus on decentralization and security, ALT is leading the charge in the Web3 revolution.
Join the Conversation 💬
Share your insights on the $ALT ecosystem! What do you think about the reALT restaking model? How do you see ALT contributing to the future of crypto?
#cryptouniverseofficial
#ALTrestaking
#ALTrestaking
$BTC $ALT
BTCUSDT ETF INFLOW
📰 Bitcoin ETF Inflow Report: 2024-05-18 🚀
📈 Daily Inflows
The Bitcoin ETF market experienced significant inflows on May 17, 2024. Here's a detailed breakdown of the funds and their respective inflows:
1. FBTC: $99.4M 🔥
2. IBIT: $38.1M
3. GBTC: $31.6M
4. BITB: $20.8M
5. BRRR: $6.4M
6. HODL: $9.5M
7. ARKB: $10.0M
8. BTCO: $5.7M
9. EZBC: $0.0K
10. BTCW: $0.0K
Total Net Inflow: $221.5M 💰
📊 Weekly Averages
The 7-day average inflow for Bitcoin ETFs stands at $121.8M. The current daily inflow of $221.5M far exceeds this average, suggesting a surge in market activity and interest.
🔍 Analysis
The significant inflows into Bitcoin ETFs on May 18, 2024, point towards a growing confidence in Bitcoin as a financial asset. The standout performance of #FBTC may reflect particular market strategies or investor sentiment towards this fund. Meanwhile, the zero inflows for EZBC and BTCW might indicate areas where these funds could improve their market positioning or appeal.
👉👉👉
Introducing ALT Restaking:
Revolutionizing Crypto with Innovation 🚀
Breaking New Ground in Crypto 🌐
ALT Restaking is transforming the crypto landscape with its cutting-edge technology and robust token economic model. As the core AVS publishing platform, largest node of AVS, and key contributor/partner of EigenDA in the EigenLayer ecosystem, ALT is poised for greatness.
Efficient and Secure Staking 🔒
The reALT restaking model enables efficient and secure staking, allowing users to maximize their rewards while contributing to the network's growth. With a strong focus on decentralization and security, ALT is leading the charge in the Web3 revolution.
Join the Conversation 💬
Share your insights on the $ALT ecosystem! What do you think about the reALT restaking model? How do you see ALT contributing to the future of crypto?
#cryptouniverseofficial
#ALTrestaking
#ALTrestaking
$BTC $ALT
🔴 BlackRock's #IBIT surpasses Grayscale's #GBTC in daily #tradingvolume for the first time, with $303.97M vs $292.37M
Fidelity's #FBTC follows with $171.84M
#SpotBitcoinETF
Fidelity's #FBTC follows with $171.84M
#SpotBitcoinETF
📊 The total daily #tradingvolume of spot #BitcoinETFs reached a record high of $2.4B on February 26.
👉🏻 BlackRock's #IBIT registered $1.3B in trading volume, while an additional $576M came from #FBTC
#ETFs
👉🏻 BlackRock's #IBIT registered $1.3B in trading volume, while an additional $576M came from #FBTC
#ETFs
Michael van de Poppe Talked About the Altcoin Rally.
The cryptocurrency market has entered a medium-term bearish trend with the Bitcoin (BTC) price falling below $64,000 on Friday. Significant cash outflows from United States-based spot Bitcoin exchange-traded funds (ETFs) over the past five days have weighed heavily on bullish sentiment. On Thursday, Grayscale's GBTC and Fidelity's #FBTC experienced net cash outflows of approximately $53 million and $51 million. BlackRock's IBIT alone recorded a small cash inflow of about $1 million on Thursday.
While Bitcoin whales continue to weigh heavily on medium-term bullish sentiment with increasing liquidations, on-chain data shows Ethereum whales are in the market. For example, a Binance wallet affiliated with Justin Sun purchased 9,338 Ethereum worth over $30 million on Friday. On the other hand, Bitcoin whales, led by the German government, continued to deposit money into exchanges in order to make profits in the last 24 hours.
“Markets continue their downward slide, but Ethereum is showing some resistance. As long as $ETH remains above 0.05 BTC, all is well and a trend reversal is on the horizon. “The first upward trend in 2.5 years has activated the power of the Altcoin market.”
According to popular crypto analyst Michaël van de Poppe, the altcoin market is on the verge of gaining bullish momentum against Bitcoin after more than two and a half years. The analyst said that the ETH/BTC pair is showing some resistance to the downtrend. As a result, Poppe stated that the Ethereum price against the US dollar will increase exponentially in the near term as long as the ETH/BTC pair remains above 0.05. The altcoin market has already attracted significant interest from institutional investors, as evidenced by #Solana ETP in Canada. However, Bitcoin dominance stands on the verge of a major comeback. According to the analyst, this will trigger an increase in cryptocurrency rotation in favor of altcoins.
The cryptocurrency market has entered a medium-term bearish trend with the Bitcoin (BTC) price falling below $64,000 on Friday. Significant cash outflows from United States-based spot Bitcoin exchange-traded funds (ETFs) over the past five days have weighed heavily on bullish sentiment. On Thursday, Grayscale's GBTC and Fidelity's #FBTC experienced net cash outflows of approximately $53 million and $51 million. BlackRock's IBIT alone recorded a small cash inflow of about $1 million on Thursday.
While Bitcoin whales continue to weigh heavily on medium-term bullish sentiment with increasing liquidations, on-chain data shows Ethereum whales are in the market. For example, a Binance wallet affiliated with Justin Sun purchased 9,338 Ethereum worth over $30 million on Friday. On the other hand, Bitcoin whales, led by the German government, continued to deposit money into exchanges in order to make profits in the last 24 hours.
“Markets continue their downward slide, but Ethereum is showing some resistance. As long as $ETH remains above 0.05 BTC, all is well and a trend reversal is on the horizon. “The first upward trend in 2.5 years has activated the power of the Altcoin market.”
According to popular crypto analyst Michaël van de Poppe, the altcoin market is on the verge of gaining bullish momentum against Bitcoin after more than two and a half years. The analyst said that the ETH/BTC pair is showing some resistance to the downtrend. As a result, Poppe stated that the Ethereum price against the US dollar will increase exponentially in the near term as long as the ETH/BTC pair remains above 0.05. The altcoin market has already attracted significant interest from institutional investors, as evidenced by #Solana ETP in Canada. However, Bitcoin dominance stands on the verge of a major comeback. According to the analyst, this will trigger an increase in cryptocurrency rotation in favor of altcoins.
BlackRock Investors Pour $329 Million Into ETF While Bitcoin Drops 3%
BlackRock’s #bitcoin☀️ fund saw a net inflow of $294 million into U.S. spot Bitcoin ETFs on October 21.
Investors in iShares Bitcoin Trust (IBIT) from BlackRock took advantage of Bitcoin's price drop and injected $329 million into the fund on October 21, despite Bitcoin falling by 3% that day.
Fidelity Sees Smaller Inflows
Aside from IBIT, Fidelity Wise Origin Bitcoin Fund (#FBTC ) was the only other U.S. spot Bitcoin ETF to record inflows on October 21, with $5.9 million coming in. Other ETFs either saw no inflows or experienced outflows.
Third Major Inflow in Four Days
This marks the third time in four trading days that BlackRock has seen significant inflows into its #BitcoinETF💰💰💰 . According to Farside Investors, the ETF has received over $300 million during this period.
BlackRock's IBIT continues to lead all spot Bitcoin ETFs, surpassing $23 billion in total net inflows on October 21.
Third-Largest Inflow of 2024
Eric Balchunas, an analyst at Bloomberg, noted that IBIT recorded the third-largest ETF inflow of 2024, following Vanguard and BlackRock S&P 500 index funds, with tickers VOO and IVV.
These inflows came as Bitcoin’s price dropped by 3.25% on October 21, hitting a daily low of $66,975 after failing to break the $70,000 resistance level. According to CoinGecko, Bitcoin had seen a 10-day rally from $59,000 to $69,130.
Traders’ Reactions
Crypto trader Jelle stated that the market was undergoing a small sell-off, which he described as "expected and fine." Another trader, Emperor, speculated that Bitcoin's price could drop to $62,000 this week after hitting its highest weekly close in five months on October 20.
Speculation on U.S. Elections
The rise in Bitcoin’s price between October 11 and October 21 was primarily attributed to traders speculating on the upcoming U.S. elections.
Currently, total net inflows across all spot Bitcoin ETFs amount to $21.2 billion, with over $20 billion coming from outflows from the GBTC fund.
At the time of writing, Bitcoin was trading at $67,360, down 2.2% over the previous 24 hours.
#BTC☀ , #CryptoNews🚀🔥
Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“
Investors in iShares Bitcoin Trust (IBIT) from BlackRock took advantage of Bitcoin's price drop and injected $329 million into the fund on October 21, despite Bitcoin falling by 3% that day.
Fidelity Sees Smaller Inflows
Aside from IBIT, Fidelity Wise Origin Bitcoin Fund (#FBTC ) was the only other U.S. spot Bitcoin ETF to record inflows on October 21, with $5.9 million coming in. Other ETFs either saw no inflows or experienced outflows.
Third Major Inflow in Four Days
This marks the third time in four trading days that BlackRock has seen significant inflows into its #BitcoinETF💰💰💰 . According to Farside Investors, the ETF has received over $300 million during this period.
BlackRock's IBIT continues to lead all spot Bitcoin ETFs, surpassing $23 billion in total net inflows on October 21.
Third-Largest Inflow of 2024
Eric Balchunas, an analyst at Bloomberg, noted that IBIT recorded the third-largest ETF inflow of 2024, following Vanguard and BlackRock S&P 500 index funds, with tickers VOO and IVV.
These inflows came as Bitcoin’s price dropped by 3.25% on October 21, hitting a daily low of $66,975 after failing to break the $70,000 resistance level. According to CoinGecko, Bitcoin had seen a 10-day rally from $59,000 to $69,130.
Traders’ Reactions
Crypto trader Jelle stated that the market was undergoing a small sell-off, which he described as "expected and fine." Another trader, Emperor, speculated that Bitcoin's price could drop to $62,000 this week after hitting its highest weekly close in five months on October 20.
Speculation on U.S. Elections
The rise in Bitcoin’s price between October 11 and October 21 was primarily attributed to traders speculating on the upcoming U.S. elections.
Currently, total net inflows across all spot Bitcoin ETFs amount to $21.2 billion, with over $20 billion coming from outflows from the GBTC fund.
At the time of writing, Bitcoin was trading at $67,360, down 2.2% over the previous 24 hours.
#BTC☀ , #CryptoNews🚀🔥
Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“
🧙♂️ Web3 digital identity network #Galxe (GAL) announced its Layer 1 blockchain Gravity.
🧙♂️ On May 29, spot #Bitcoin ETFs recorded net inflows of $28 billion.
🧙♂️ Grayscale experienced a $31 million outflow.
🧙♂️ BlackRock's spot #Bitcoin ETF saw inflows of $24 million.
🧙♂️ Fidelity ETF (#FBTC ) inflow was 17 million dollars.
$BTC $GAL
🧙♂️ On May 29, spot #Bitcoin ETFs recorded net inflows of $28 billion.
🧙♂️ Grayscale experienced a $31 million outflow.
🧙♂️ BlackRock's spot #Bitcoin ETF saw inflows of $24 million.
🧙♂️ Fidelity ETF (#FBTC ) inflow was 17 million dollars.
$BTC $GAL
📢 Breaking News
🔸️On May 10, the total net outflow of Bitcoin spot ETFs was $84.65 million.
🔸️Grayscale ETF (#GBTC ) experienced an outflow of $103 million.
🔸️Blackrock ETF (#IBIT ) experienced inflows of $12.43 million.
🔸️Fidelity ETF (#FBTC ) saw an inflow of $5.3 million
🔸️Billionaire Mark Cuban says SEC Chairman Gary Gensler did not protect a single investor against crypto fraud: “All it does is make it nearly impossible for legitimate crypto companies to operate.”
$BTC $ETH $BNB
🔸️On May 10, the total net outflow of Bitcoin spot ETFs was $84.65 million.
🔸️Grayscale ETF (#GBTC ) experienced an outflow of $103 million.
🔸️Blackrock ETF (#IBIT ) experienced inflows of $12.43 million.
🔸️Fidelity ETF (#FBTC ) saw an inflow of $5.3 million
🔸️Billionaire Mark Cuban says SEC Chairman Gary Gensler did not protect a single investor against crypto fraud: “All it does is make it nearly impossible for legitimate crypto companies to operate.”
$BTC $ETH $BNB