Today, the Commission approved the listing and trading of a number of spot bitcoin exchange-traded product (ETP) shares.
Last paragraph:
"While we approved the listing and trading of certain spot bitcoin ETP shares today, we did not approve or endorse bitcoin. Investors should remain cautious about the myriad risks associated with bitcoin and products whose value is tied to crypto."
Last paragraph:
"While we approved the listing and trading of certain spot bitcoin ETP shares today, we did not approve or endorse bitcoin. Investors should remain cautious about the myriad risks associated with bitcoin and products whose value is tied to crypto."
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Forwarded from بیتگاید (RK)
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For those of you wondering where the effect of the ETF went: we have been seeing the effect all along.
It was largely the ETF excitement that pulled #Bitcoin from the $25k range to $45k
Now that the wallstreet doors have been opened to Bitcoin, significantly more upside is coming save for a short-term consolidation.
It was largely the ETF excitement that pulled #Bitcoin from the $25k range to $45k
Now that the wallstreet doors have been opened to Bitcoin, significantly more upside is coming save for a short-term consolidation.
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After the last bitcoin is mined, satAHshi is gonna show up on the screen, laugh at us, and take all the money with him.
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Day 5 Visualized
https://x.com/sinz_bitguide/status/1748425542540349638?s=46&t=6I9aEqV-RwcladB-FBo9kg
https://x.com/sinz_bitguide/status/1748425542540349638?s=46&t=6I9aEqV-RwcladB-FBo9kg
X (formerly Twitter)
Sinz 🗝️⚡ Bitguide (@Sinz_Bitguide) on X
Day 5 reverses day 4 positive flows, with increased GBTC outflows and decreased inflows.
Blackrock inflows slow down to less than half, and Fidelity gets the top spot in inflows. Grayscale outflows accelerate from $-450M on d4 to $-582M on d5.
If we look…
Blackrock inflows slow down to less than half, and Fidelity gets the top spot in inflows. Grayscale outflows accelerate from $-450M on d4 to $-582M on d5.
If we look…
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ETF Flows Visualized (Day 8)
Key takeaways
- The largest outflow day so far
- Total cumulative flow down from $1.056B to $950M
- GBTC outflows slow down by -15% to $-515M but positive inflows drop by -25% to $410M
- Net flows = $-106M
https://x.com/Sinz_Bitguide/status/1750192445948588302?s=20
Key takeaways
- The largest outflow day so far
- Total cumulative flow down from $1.056B to $950M
- GBTC outflows slow down by -15% to $-515M but positive inflows drop by -25% to $410M
- Net flows = $-106M
https://x.com/Sinz_Bitguide/status/1750192445948588302?s=20
X (formerly Twitter)
Sinz 🗝️⚡ 21st.Capital (@Sina_21st) on X
ETF Flows Visualized (Day 8)
Key takeaways
- The largest outflow day so far
- Total cumulative flow down from $1.056B to $950M
- GBTC outflows slow down by -15% to $-515M but positive inflows drop by -25% to $410M
- Net flows = $-106M
Key takeaways
- The largest outflow day so far
- Total cumulative flow down from $1.056B to $950M
- GBTC outflows slow down by -15% to $-515M but positive inflows drop by -25% to $410M
- Net flows = $-106M
ETF Flows Visualized (Day 9)
Worse day so far but GBTC on a clear downtrend finally
https://x.com/Sinz_Bitguide/status/1750609387159224627?s=20
Worse day so far but GBTC on a clear downtrend finally
https://x.com/Sinz_Bitguide/status/1750609387159224627?s=20
X (formerly Twitter)
Sinz 🗝️⚡ 21st.Capital | Bitguide (@Sinz_Bitguide) on X
ETF Flows Visualized (Day 9)
Key takeaways
- The largest outflow day so far with $-158M out
- GBTC outflow slowing a lot by 17% from $-515M to $-429M
- But inflows dropped more significantly by -34% from $409M to $271M
Key takeaways
- The largest outflow day so far with $-158M out
- GBTC outflow slowing a lot by 17% from $-515M to $-429M
- But inflows dropped more significantly by -34% from $409M to $271M
Bitguide
ETF Flows Visualized (Day 9) Worse day so far but GBTC on a clear downtrend finally https://x.com/Sinz_Bitguide/status/1750609387159224627?s=20
Day 10 – GBTC still on the downtrend. Inflows also slowing down but will likely exceed outflows by a wide margin in a few months.https://x.com/Sinz_Bitguide/status/1750960363212796387?s=20
X (formerly Twitter)
Sinz 🗝️⚡ 21st.Capital | Bitguide (@Sinz_Bitguide) on X
ETF Flows Visualized (Day 10)
Key takeaways:
- Another negative net flow day ($-80M)
- GBTC outflows continue the downtrend
- Practically, there are only Blackrock, Fidelity, ARK, and Bitwise that are attracting sizeable flows. Others are very small (e.g.…
Key takeaways:
- Another negative net flow day ($-80M)
- GBTC outflows continue the downtrend
- Practically, there are only Blackrock, Fidelity, ARK, and Bitwise that are attracting sizeable flows. Others are very small (e.g.…