Binance Square
GrayscaleBitcoinTrust
9,510 views
10 Posts
Hot
Latest
LIVE
boringcompanywriter
--
Bearish
Just a guess, we don’t have to be rocket scientists to guess the next 24hour’s graph. Definitely will be bearish and back to bullish! I’m a bitcoins holder but I just want to share my thoughts on common sense. Grayscale will sell bitcoins at this price , whether more or less we don’t know, but check out last 22nd Monday of January. My guess! BTC back to - 43k-45k for next 24hour.. #Write2Earn #TrendingTopic #GrayscaleBitcoinTrust #BTCBearish
Just a guess, we don’t have to be rocket scientists to guess the next 24hour’s graph. Definitely will be bearish and back to bullish! I’m a bitcoins holder but I just want to share my thoughts on common sense.

Grayscale will sell bitcoins at this price , whether more or less we don’t know, but check out last 22nd Monday of January.

My guess! BTC back to - 43k-45k for next 24hour..

#Write2Earn #TrendingTopic #GrayscaleBitcoinTrust #BTCBearish
See original
Bitcoin Transfers & Grayscale Exodus: Crypto Whales and Institutional Moves - Whale Alert reports that more than $900 million of Bitcoin transfers have taken place from unknown wallets at Coinbase Institutional. - 19,161 Bitcoins from 13 transactions moved from Coinbase Institutional to unknown wallets, creating suspense in the market. - Grayscale's Bitcoin Trust (GBTC) saw a record net outflow of $671 million in one day, while they hold $20 billion of Bitcoin assets. - Bitcoin has aimed to remain stable above $41,000, however, during the surge it briefly crossed $42,000. - The activities of Bitcoin whales and Grayscale reflect the strategic moves of large investors in the crypto market. - These developments make it clear how institutional participation is influencing cryptocurrency, which is impacting the future of the digital currency space. - Staying positive in this volatile market is vital, as Bitcoin is attracting the attention of both institutional and individual investors. $BTC $ETH #Bitcoin #CryptoMarket #WhaleAlert #GrayscaleBitcoinTrust
Bitcoin Transfers & Grayscale Exodus: Crypto Whales and Institutional Moves

- Whale Alert reports that more than $900 million of Bitcoin transfers have taken place from unknown wallets at Coinbase Institutional.

- 19,161 Bitcoins from 13 transactions moved from Coinbase Institutional to unknown wallets, creating suspense in the market.

- Grayscale's Bitcoin Trust (GBTC) saw a record net outflow of $671 million in one day, while they hold $20 billion of Bitcoin assets.

- Bitcoin has aimed to remain stable above $41,000, however, during the surge it briefly crossed $42,000.

- The activities of Bitcoin whales and Grayscale reflect the strategic moves of large investors in the crypto market.

- These developments make it clear how institutional participation is influencing cryptocurrency, which is impacting the future of the digital currency space.

- Staying positive in this volatile market is vital, as Bitcoin is attracting the attention of both institutional and individual investors. $BTC $ETH
#Bitcoin #CryptoMarket #WhaleAlert #GrayscaleBitcoinTrust
📉 **Grayscale Bitcoin ETF GBTC Sees $494.1M Net Outflow** 📉 According to PANews, Grayscale Bitcoin spot ETF (GBTC) witnessed a significant net outflow of approximately $494.1 million on March 11th, as per data monitored by Farside Investors. This marks an increase from the previous day's net outflow of $302.9 million, bringing the total net outflow since January 11th to a staggering $11.047 billion. 💼 In contrast, other funds experienced notable inflows: - VanEck's HODL fund: $118.8 million - Bitwise's BITB: $50 million - Ark 21Shares' ARKB: $13 million - WisdomTree's BTCW: $5.8 million 📈 Stay tuned for more updates on ETF fund flows! #HotTrends #GrayscaleBitcoinTrust #BTC #Write2Earn‬ #announcement
📉 **Grayscale Bitcoin ETF GBTC Sees $494.1M Net Outflow**

📉 According to PANews, Grayscale Bitcoin spot ETF (GBTC) witnessed a significant net outflow of approximately $494.1 million on March 11th, as per data monitored by Farside Investors. This marks an increase from the previous day's net outflow of $302.9 million, bringing the total net outflow since January 11th to a staggering $11.047 billion.

💼 In contrast, other funds experienced notable inflows:
- VanEck's HODL fund: $118.8 million
- Bitwise's BITB: $50 million
- Ark 21Shares' ARKB: $13 million
- WisdomTree's BTCW: $5.8 million

📈 Stay tuned for more updates on ETF fund flows!
#HotTrends #GrayscaleBitcoinTrust #BTC #Write2Earn‬ #announcement
So the Grayscale BTC trust fund was started in 2013, BTC's price went from $13 to $1100 that year. How much was their initial investment ? In 2020, Grayscale accumulated over 17,000 bTC in 7 days, according to Michael Saylor, " they traded for continuous 72hrs, excuting over 88,000 trades." So if they were earning, 0.19 btc per minute, How Much BTC have they accumulated undercover ? At the peak of BTC in 2021, Grayscales assets accumulated to over $20 billion when $BTC was at $52000. Let's fast forward to 2024, why is Grayscales assets still around $20billion, if they've been accumulating and trading their $BTC ? In my opinion, they have way more btc assets than they say they have. Look when these articles were published... #Write2Earn #TrendingTopic #BTC #GrayscaleBitcoinTrust #CryptoCrisis
So the Grayscale BTC trust fund was started in 2013, BTC's price went from $13 to $1100 that year. How much was their initial investment ?

In 2020, Grayscale accumulated over 17,000 bTC in 7 days, according to Michael Saylor, " they traded for continuous 72hrs, excuting over 88,000 trades." So if they were earning, 0.19 btc per minute, How Much BTC have they accumulated undercover ?

At the peak of BTC in 2021, Grayscales assets accumulated to over $20 billion when $BTC was at $52000. Let's fast forward to 2024, why is Grayscales assets still around $20billion, if they've been accumulating and trading their $BTC ? In my opinion, they have way more btc assets than they say they have.

Look when these articles were published...

#Write2Earn #TrendingTopic #BTC #GrayscaleBitcoinTrust #CryptoCrisis
STATS: Since the day of the approval of BTC spot ETF, Grayscale has deposited a total of 79,213 BTC, equivalent to $3.27 billion, into Coinbase Prime. As of now, Grayscale's holdings comprise 558.28k BTC, valued at $22.45 billion. Bullish perspective! ✅Most of the selling came from FTX, which finished selling about 2.5million shares every day for 8 days. ✅Even with the GBTC sell-off, there's a net inflow of $1.1 billion, which is equal to 28,000 Bitcoins today. ✅The FBTC (Fidelity Bitcoin Fund) is growing faster than Blackrock. Follow for more #BTC #ETFs. #GrayscaleBitcoinTrust #BlackRockCrypto #fidelity
STATS:

Since the day of the approval of BTC spot ETF, Grayscale has deposited a total of 79,213 BTC, equivalent to $3.27 billion, into Coinbase Prime.

As of now, Grayscale's holdings comprise 558.28k BTC, valued at $22.45 billion.

Bullish perspective!

✅Most of the selling came from FTX, which finished selling about 2.5million shares every day for 8 days.

✅Even with the GBTC sell-off, there's a net inflow of $1.1 billion, which is equal to 28,000 Bitcoins today.

✅The FBTC (Fidelity Bitcoin Fund) is growing faster than Blackrock.

Follow for more
#BTC #ETFs. #GrayscaleBitcoinTrust #BlackRockCrypto #fidelity
--
Bullish
📊 Grayscale Bitcoin Trust (GBTC) Sees First Net Inflow Since Launch! 💼 For the first time since its January launch, the Grayscale Bitcoin Trust (GBTC), the largest Bitcoin ETF by assets, experienced a net inflow of $63 million on May 2nd, according to Farside Investors. GBTC has long been a popular option for Bitcoin investment without direct cryptocurrency purchase. However, it faced increased competition in January with the emergence of nine competing spot Bitcoin ETFs, leading to heightened investor outflows due to its relatively higher fees. Despite its recent struggles, GBTC still holds a significant $18.1 billion in assets, though decreased from over $26 billion previously. In contrast, IBIT, now ranked second, started from zero in January and currently holds $16.9 billion. SoSoValue reported that the Bitcoin spot ETF experienced a total net inflow of $378 million on May 3, marking the first net inflow after seven consecutive days of outflows. Additionally, GBTC witnessed a rare single-day inflow of $63.0112 million. In Hong Kong, the total net assets of three Bitcoin spot ETFs amount to approximately $250 million, with holdings of approximately 4,225 BTC. Ethereum spot ETFs in Hong Kong have approximately $48.52 million in total net assets, with holdings of around 16,000 ETH. However, despite these recent inflows, every ETF recorded outflows totaling $563.7 million by May 2nd, marking the largest losses since trading began in January. This decline has persisted for nearly two months, with funds experiencing approximately $6 billion in losses over the past four weeks, representing a 20% drop in assets under management. 📉 #GrayscaleBitcoinTrust #BitcoinETF #CryptoInvestment
📊 Grayscale Bitcoin Trust (GBTC) Sees First Net Inflow Since Launch! 💼

For the first time since its January launch, the Grayscale Bitcoin Trust (GBTC), the largest Bitcoin ETF by assets, experienced a net inflow of $63 million on May 2nd, according to Farside Investors.

GBTC has long been a popular option for Bitcoin investment without direct cryptocurrency purchase. However, it faced increased competition in January with the emergence of nine competing spot Bitcoin ETFs, leading to heightened investor outflows due to its relatively higher fees.
Despite its recent struggles, GBTC still holds a significant $18.1 billion in assets, though decreased from over $26 billion previously. In contrast, IBIT, now ranked second, started from zero in January and currently holds $16.9 billion.

SoSoValue reported that the Bitcoin spot ETF experienced a total net inflow of $378 million on May 3, marking the first net inflow after seven consecutive days of outflows.

Additionally, GBTC witnessed a rare single-day inflow of $63.0112 million.
In Hong Kong, the total net assets of three Bitcoin spot ETFs amount to approximately $250 million, with holdings of approximately 4,225 BTC. Ethereum spot ETFs in Hong Kong have approximately $48.52 million in total net assets, with holdings of around 16,000 ETH.

However, despite these recent inflows, every ETF recorded outflows totaling $563.7 million by May 2nd, marking the largest losses since trading began in January. This decline has persisted for nearly two months, with funds experiencing approximately $6 billion in losses over the past four weeks, representing a 20% drop in assets under management. 📉

#GrayscaleBitcoinTrust #BitcoinETF #CryptoInvestment
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number