ETF after 11 Days (Patreon)
Published:
2024-01-27 17:54:10
Imported:
2024-02
Content
THE BAD NEWS
1) BTC and FID slowing down
THE GOOD NEWS
1) GBTC slowed down a lot - nearly 65% from max dips - 2nd least bad day
2) Net positive flows on Friday 15.9M flowed into Bitcoin
3) 144,563 Bitcoin sucked into the new ETFs
4) 5.8bn pumped into the new ETFs
BTC ETF Money Flow Visualized
The new ETFs brought in over $5.8bn in 11 days. #Grayscale shed $5bn
Bitcoin HODL Visualized:
The new ETFs overcame the GBTC release of 125K BTC by 18,570K BTC - net net they absorbed 144,563 BTC in 11 days.