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Bitcoin ETF Ghi Nhận Dòng Vốn Rút Kỷ Lục: 672 Triệu USD Trong Một Ngày
Ngày hôm qua, các quỹ Bitcoin giao dịch trao đổi (ETFs) đã chứng kiến dòng vốn rút kỷ lục lên tới 672 triệu USD, đánh dấu mức giảm lớn nhất kể từ khi các quỹ này ra mắt vào tháng 1 năm nay.
Chi Tiết Diễn Biến Dòng Vốn ETF
Tổn thất lớn nhất:Grayscale Bitcoin Trust (#GBTC ) mất 208,6 triệu USD.ARK 21Shares Bitcoin #ETF ghi nhận dòng vốn rút 108,4 triệu USD.Tương quan với giá Bitcoin:Giá Bitcoin đã giảm 9,2% trong 24 giờ qua, hiện giao dịch dưới 93,000 USD, theo dữ liệu từ CoinMarketCap.Nguyên Nhân Gây Áp Lực Bán Tháo
Chính sách của Cục Dự trữ Liên bang Mỹ (Fed):Tại cuộc họp #FOMC ngày thứ Tư, Fed được kỳ vọng giảm lãi suất thêm 25 điểm cơ bản, đưa lãi suất xuống mức 4,25% - 4,50%.Chủ tịch Fed, Jerome Powell, phát đi tín hiệu giảm tốc độ cắt giảm lãi suất, gây ra sự bất an trong thị trường.Thị trường kỳ vọng 4 lần giảm lãi suất vào năm 2025, nhưng #Fed chỉ dự báo 2 lần, khiến nhà đầu tư thận trọng hơn.Thanh khoản thấp cuối năm:Theo Wintermute, các nhà giao dịch đã giảm rủi ro trước mùa nghỉ lễ, vốn thường có thanh khoản thấp.Phí quản lý cao của GBTC:GBTC áp dụng phí quản lý 1,5% mỗi năm, cao hơn đáng kể so với các quỹ ETF khác, thường chỉ tính phí 0,2-0,3%.
Dự Báo Tương Lai
Kỳ vọng một đợt tăng giá mới:Ajay Dhingra từ Unizen cho rằng việc Chủ tịch SEC Gary Gensler rời nhiệm sở vào ngày 20/1 tới có thể trở thành chất xúc tác cho một đợt tăng giá của Bitcoin.Tuy nhiên, Dhingra cũng cảnh báo rằng các động thái siết chặt quy định trước khi nhiệm kỳ của Gensler kết thúc có thể gây ra một đợt bán tháo lớn.
Kết Luận
Áp lực bán tháo từ các yếu tố chính sách của Fed, thanh khoản thấp cuối năm và chi phí cao của một số quỹ ETF đã khiến dòng vốn rút kỷ lục khỏi các quỹ Bitcoin ETF. Tuy vậy, các chuyên gia vẫn kỳ vọng rằng những sự kiện sắp tới có thể mở ra một chu kỳ tăng giá mới cho Bitcoin. #BTCOutlook
Chi Tiết Diễn Biến Dòng Vốn ETF
Tổn thất lớn nhất:Grayscale Bitcoin Trust (#GBTC ) mất 208,6 triệu USD.ARK 21Shares Bitcoin #ETF ghi nhận dòng vốn rút 108,4 triệu USD.Tương quan với giá Bitcoin:Giá Bitcoin đã giảm 9,2% trong 24 giờ qua, hiện giao dịch dưới 93,000 USD, theo dữ liệu từ CoinMarketCap.Nguyên Nhân Gây Áp Lực Bán Tháo
Chính sách của Cục Dự trữ Liên bang Mỹ (Fed):Tại cuộc họp #FOMC ngày thứ Tư, Fed được kỳ vọng giảm lãi suất thêm 25 điểm cơ bản, đưa lãi suất xuống mức 4,25% - 4,50%.Chủ tịch Fed, Jerome Powell, phát đi tín hiệu giảm tốc độ cắt giảm lãi suất, gây ra sự bất an trong thị trường.Thị trường kỳ vọng 4 lần giảm lãi suất vào năm 2025, nhưng #Fed chỉ dự báo 2 lần, khiến nhà đầu tư thận trọng hơn.Thanh khoản thấp cuối năm:Theo Wintermute, các nhà giao dịch đã giảm rủi ro trước mùa nghỉ lễ, vốn thường có thanh khoản thấp.Phí quản lý cao của GBTC:GBTC áp dụng phí quản lý 1,5% mỗi năm, cao hơn đáng kể so với các quỹ ETF khác, thường chỉ tính phí 0,2-0,3%.
Dự Báo Tương Lai
Kỳ vọng một đợt tăng giá mới:Ajay Dhingra từ Unizen cho rằng việc Chủ tịch SEC Gary Gensler rời nhiệm sở vào ngày 20/1 tới có thể trở thành chất xúc tác cho một đợt tăng giá của Bitcoin.Tuy nhiên, Dhingra cũng cảnh báo rằng các động thái siết chặt quy định trước khi nhiệm kỳ của Gensler kết thúc có thể gây ra một đợt bán tháo lớn.
Kết Luận
Áp lực bán tháo từ các yếu tố chính sách của Fed, thanh khoản thấp cuối năm và chi phí cao của một số quỹ ETF đã khiến dòng vốn rút kỷ lục khỏi các quỹ Bitcoin ETF. Tuy vậy, các chuyên gia vẫn kỳ vọng rằng những sự kiện sắp tới có thể mở ra một chu kỳ tăng giá mới cho Bitcoin. #BTCOutlook
Vernice Felger vBG4:
tăng cao thì lái trao hàng chữ liên quan éo gì mấy ông kia mà toàn nói nhảm nào là fed rồi trump
It's Been Quite A Wild Ride In The Markets Recently.
Many Were Waiting For A Market Dip To Buy More Of Their Favourite #altcoins But Instead What Did We Get‼️
A Surprising 20-25% Pump In $BTC Over Past Three Days😀
This Unexpected Surge Definitely Changed The Entire Market Sentiment📍
But I Personally Will Not Ape Into Anything Just Yet🙏
Why? 👀
It's Still Entirely Possible For The Market To Turn Around & Touch The 25K Area One More Time💯
Either Way Aping Right Now Won't Guarantee You 100s Of Thousands Of Dollars Instantly
It's Best To Have Patience Before Jumping Into Investing Right Now👍
There Are Many Quality New Projects That Have Been Working Diligently During The Bear Market And Are Yet To Launch👀
So Stick To Your Plan & Continue Dollar Cost Averaging (DCA) Into Top Projects
Avoid #fomo In Something Mid-Way Just Because You Believe The Markets Are About To Take Off📈
And The Most Important👇
Keep Accumulating As Much Cash As You Can To Capitalise On Opportunities When They Come.🤑
Take It Easy, Stay Informed And Make Well Thought Out Decisions.🤝
$ETH $BNB
#BinanceSquare #etf #gbtc
Many Were Waiting For A Market Dip To Buy More Of Their Favourite #altcoins But Instead What Did We Get‼️
A Surprising 20-25% Pump In $BTC Over Past Three Days😀
This Unexpected Surge Definitely Changed The Entire Market Sentiment📍
But I Personally Will Not Ape Into Anything Just Yet🙏
Why? 👀
It's Still Entirely Possible For The Market To Turn Around & Touch The 25K Area One More Time💯
Either Way Aping Right Now Won't Guarantee You 100s Of Thousands Of Dollars Instantly
It's Best To Have Patience Before Jumping Into Investing Right Now👍
There Are Many Quality New Projects That Have Been Working Diligently During The Bear Market And Are Yet To Launch👀
So Stick To Your Plan & Continue Dollar Cost Averaging (DCA) Into Top Projects
Avoid #fomo In Something Mid-Way Just Because You Believe The Markets Are About To Take Off📈
And The Most Important👇
Keep Accumulating As Much Cash As You Can To Capitalise On Opportunities When They Come.🤑
Take It Easy, Stay Informed And Make Well Thought Out Decisions.🤝
$ETH $BNB
#BinanceSquare #etf #gbtc
BNB: Native Binance Token
$BNB $BTC $ETH
With the beginning of Binance exchange in 2017, BNB token was issues as Initial Coin Offering.
Key Points:
👉 BNB was in the beginning an ethereum token but today it is native token of Binance Blockchain.
👉 Binance burns some tokens to keep a balance every quarter.
👉 BNB was a utility token for discounted trading but today it has varied applications.
#etf
#gbtc
#fomo
💥 follow and comment to get crypto box
$BNB $BTC $ETH
With the beginning of Binance exchange in 2017, BNB token was issues as Initial Coin Offering.
Key Points:
👉 BNB was in the beginning an ethereum token but today it is native token of Binance Blockchain.
👉 Binance burns some tokens to keep a balance every quarter.
👉 BNB was a utility token for discounted trading but today it has varied applications.
#etf
#gbtc
#fomo
💥 follow and comment to get crypto box
Markus Thielen Predicts Bitcoin Surge Past $50,000: Unveiling the Rally's Secrets!
Bitcoin Bulls on the Run: Bitcoin could soon cross a price level of $50k, as reported by 10x Research.GBTC and FTX Selloff Coming to an End: The selloff in GBTC and FTX seems to be coming to an end.Technical Indicators Confirm Upcoming Move: Technical indicators confirm the upcoming move in Bitcoin's price.
Markus Thielen, the renowned crypto analyst and researcher, has been making waves in the Bitcoin community with his recent predictions. Just days ago, he boldly forecasted a bottom of $38,000 for Bitcoin, capturing the attention of investors worldwide. Now, Thielen's foresight once again takes center stage as he predicts that Bitcoin could soon soar past the $50,000 mark, potentially reaching a two-year high in price.
The anticipation surrounding Bitcoin's ascent is further fueled by the upcoming halving event, slated for April 2024. This event, characterized by a reduction in miner rewards, is expected to significantly boost Bitcoin's demand, further propelling its price upward.
Thielen's analysis, rooted in the Elliott wave theory, provides valuable insights into Bitcoin's price movements. According to this theory, price fluctuations occur in distinct wave patterns, with each wave representing alternating highs and lows. Thielen's interpretation of Bitcoin's Elliott Wave pattern indicates a promising trajectory, with the recent completion of the third and fourth waves setting the stage for a bullish resurgence.
Despite encountering resistance at the psychological threshold of $50,000, Bitcoin's momentum remains strong. Technical indicators, including the Relative Strength Index (RSI), signal a favorable outlook for Bitcoin's price movement. With RSI levels nearing the threshold for significant price shifts, investors are optimistic about Bitcoin's potential to surpass current resistance levels.
Moreover, Thielen sheds light on the recent market dynamics, attributing the previous price drop in Bitcoin to factors such as sell-offs by entities like the Grayscale Bitcoin Trust. However, with outflows from Grayscale's Bitcoin ETF stabilizing and overall ETF inflows showing positive trends, market sentiment is increasingly bullish.
Looking ahead, the impending halving event and strategic whale accumulation strategies are expected to drive Bitcoin's upward trajectory. Historical data illustrates the substantial returns Bitcoin has historically delivered following halving events, reaffirming investors' confidence in its long-term potential.
While technical analysis points towards a bullish breakout, prudent risk management is advised. Establishing stop-loss levels and closely monitoring support and resistance zones can help mitigate potential downside risks in this highly volatile market environment.
As the crypto market continues to evolve, it's essential for investors to stay informed and exercise caution. While Thielen's predictions offer valuable insights, it's crucial to conduct thorough research and make well-informed financial decisions tailored to individual risk tolerances and investment objectives.
#Bitcoin #BullMarket #FTX #gbtc #cryptocurrency
$BTC
Markus Thielen, the renowned crypto analyst and researcher, has been making waves in the Bitcoin community with his recent predictions. Just days ago, he boldly forecasted a bottom of $38,000 for Bitcoin, capturing the attention of investors worldwide. Now, Thielen's foresight once again takes center stage as he predicts that Bitcoin could soon soar past the $50,000 mark, potentially reaching a two-year high in price.
The anticipation surrounding Bitcoin's ascent is further fueled by the upcoming halving event, slated for April 2024. This event, characterized by a reduction in miner rewards, is expected to significantly boost Bitcoin's demand, further propelling its price upward.
Thielen's analysis, rooted in the Elliott wave theory, provides valuable insights into Bitcoin's price movements. According to this theory, price fluctuations occur in distinct wave patterns, with each wave representing alternating highs and lows. Thielen's interpretation of Bitcoin's Elliott Wave pattern indicates a promising trajectory, with the recent completion of the third and fourth waves setting the stage for a bullish resurgence.
Despite encountering resistance at the psychological threshold of $50,000, Bitcoin's momentum remains strong. Technical indicators, including the Relative Strength Index (RSI), signal a favorable outlook for Bitcoin's price movement. With RSI levels nearing the threshold for significant price shifts, investors are optimistic about Bitcoin's potential to surpass current resistance levels.
Moreover, Thielen sheds light on the recent market dynamics, attributing the previous price drop in Bitcoin to factors such as sell-offs by entities like the Grayscale Bitcoin Trust. However, with outflows from Grayscale's Bitcoin ETF stabilizing and overall ETF inflows showing positive trends, market sentiment is increasingly bullish.
Looking ahead, the impending halving event and strategic whale accumulation strategies are expected to drive Bitcoin's upward trajectory. Historical data illustrates the substantial returns Bitcoin has historically delivered following halving events, reaffirming investors' confidence in its long-term potential.
While technical analysis points towards a bullish breakout, prudent risk management is advised. Establishing stop-loss levels and closely monitoring support and resistance zones can help mitigate potential downside risks in this highly volatile market environment.
As the crypto market continues to evolve, it's essential for investors to stay informed and exercise caution. While Thielen's predictions offer valuable insights, it's crucial to conduct thorough research and make well-informed financial decisions tailored to individual risk tolerances and investment objectives.
#Bitcoin #BullMarket #FTX #gbtc #cryptocurrency
$BTC
- Bitcoin (BTC) remains above $65,000 despite experiencing the highest-ever outflows from the Grayscale Bitcoin Trust (GBTC).
- GBTC outflows reached $643 million on March 18, primarily due to high fees and competition from Bitcoin exchange-traded funds (ETFs).
- Data from investment firm Farside indicates a net outflow from bitcoin ETFs, with the iShares bitcoin ETF (IBIT) seeing the most inflow.
- The launch of bitcoin ETFs earlier this year has led to significant outflows from GBTC, contributing to selling pressure on the price of bitcoin.
- Short-term bitcoin holders taking profit on recent gains also contribute to selling pressure, as noted by CryptoQuant.
- Despite a recent 8.5% decline over the last week, bitcoin remains up 27% over the past 30 days, according to CoinDesk Indices data.
#HotTrends #BTC #gbtc
- GBTC outflows reached $643 million on March 18, primarily due to high fees and competition from Bitcoin exchange-traded funds (ETFs).
- Data from investment firm Farside indicates a net outflow from bitcoin ETFs, with the iShares bitcoin ETF (IBIT) seeing the most inflow.
- The launch of bitcoin ETFs earlier this year has led to significant outflows from GBTC, contributing to selling pressure on the price of bitcoin.
- Short-term bitcoin holders taking profit on recent gains also contribute to selling pressure, as noted by CryptoQuant.
- Despite a recent 8.5% decline over the last week, bitcoin remains up 27% over the past 30 days, according to CoinDesk Indices data.
#HotTrends #BTC #gbtc
Will crypto boom in 2024?
We predict a bullish long-term future for Bitcoin, especially with the upcoming Bitcoin halving in mid-2024—which has historically been a major catalyst for crypto bull runs—but investors may need to be patient in the meantime.
And, if it is, then massive gains are on the horizon. “According to this, bitcoin could be heading to $1 million by the end of 2025 leading into 2026,” Tung said.
$BTC #gbtc #etf #BTC #ilupredictor
We predict a bullish long-term future for Bitcoin, especially with the upcoming Bitcoin halving in mid-2024—which has historically been a major catalyst for crypto bull runs—but investors may need to be patient in the meantime.
And, if it is, then massive gains are on the horizon. “According to this, bitcoin could be heading to $1 million by the end of 2025 leading into 2026,” Tung said.
$BTC #gbtc #etf #BTC #ilupredictor
比特币现货ETF昨日总净流出1.21亿美元，ETF净资产比率达4.25%
昨日（美东时间 4 月 24 日），比特币现货 ETF 总共净流出 1.21 亿美元。其中，灰度（Grayscale）ETF GBTC 单日净流出达 1.30 亿美元，使得 GBTC 的历史净流出达到了 169.63 亿美元。富达（Fidelity）ETF FBTC 则成为昨日单日净流入最多的比特币现货 ETF，净流入额为 560.69 万美元，其历史总净流入已达到 81.86 亿美元。紧随其后的是 Ark Invest 和 21Shares 的 ETF ARKB，昨日单日净流入为 417.19 万美元，目前 ARKB 的历史总净流入已达 22.72 亿美元。
截止发稿时，比特币现货 ETF 的总资产净值为 536.50 亿美元，ETF 净资产比率（市值占比比特币总市值的比率）为 4.25%，历史累计净流入已达到 122.95 亿美元。$BTC $ETH #gbtc #ARKB
昨日（美东时间 4 月 24 日），比特币现货 ETF 总共净流出 1.21 亿美元。其中，灰度（Grayscale）ETF GBTC 单日净流出达 1.30 亿美元，使得 GBTC 的历史净流出达到了 169.63 亿美元。富达（Fidelity）ETF FBTC 则成为昨日单日净流入最多的比特币现货 ETF，净流入额为 560.69 万美元，其历史总净流入已达到 81.86 亿美元。紧随其后的是 Ark Invest 和 21Shares 的 ETF ARKB，昨日单日净流入为 417.19 万美元，目前 ARKB 的历史总净流入已达 22.72 亿美元。
截止发稿时，比特币现货 ETF 的总资产净值为 536.50 亿美元，ETF 净资产比率（市值占比比特币总市值的比率）为 4.25%，历史累计净流入已达到 122.95 亿美元。$BTC $ETH #gbtc #ARKB
FBTC oт Fidelitу oпepeдил GBTC oт Graуscale пo oттoку кaпитaлa
Haчинaя c мoмeнтa зaпуcкa #ETFvsBTC 11 янвapя 2024 гoдa нeизмeнным лидepoм oттoкa кaпитaлa пpизнaвaлcя фoнд #gbtc oт Graуscale. Из-зa этoгo oн дaжe лишилcя cтaтуca кpупнeйшeгo в миpe биpжeвoгo фoндa, oтcлeживaющeгo динaмику BTC. Oднaкo зa пocлeдниe нecкoлькo днeй cитуaция измeнилacь. Пo дaнным aнaлитичecкoй плaтфopмы FarSide, чeтыpe из пяти днeй тopгoвли #BTCETFSPOT -фoнды фикcиpoвaли вывoд cpeдcтв. B пoнeдeльник coвoкупный oттoк cocтaвил $64,9 млн, вo втopник — $200,4 млн, в чeтвepг —$226,2 млн, в пятницу — $189,9 млн. И тoлькo cpeдa, 12 июня, cтaлa иcключeниeм. B этoт дeнь пpитoк кaпитaлa в #ETFs пpeвыcил $100,8 млн. Интepecнo, чтo GBTC oт Graуscale пoтepял cтaтуc лидepa пo oттoку кaпитaлa в чeтвepг и пятницу. B эти дни из фoндa вывeли $61,5 млн и $52,З млн cooтвeтcтвeннo. Toгдa жe oттoк cpeдcтв из FBTC oт Fidelitу cocтaвил $106,4 млн в чeтвepг и $80,1 млн в пятницу. Этo пepвый cлучaй, кoгдa фoнд oт Fidelitу пoлучaeт нeгaтивный peзультaт двa дня пoдpяд. Ha фoнe пoчти нeдeли oттoкoв из ETF биткoин упaл дo $66 000, чтo cтaлo caмoй низкoй цeнoй в этoм мecяцe.#BTC $BTC $BNB $ETH
#gbtc #SHIBUSDT #AVAX
币圈资讯
美财政部发布2025年加密税收制度
Pudgy Penguins母公司收购Web3创作者平台Frame以构建新Layer 2
Consensys被起诉，美SEC再拿质押“开刀'
Farcaster推出应用内USDC支付功能
美国法官允许SEC继续进行针对Binance的大部分诉讼
Blast推出治理系统并发起“为BLAST持有者启用积分“首个提室
Coinbase 申请上线 SHIB、LINK、AVAX、XLM 和 DOT 期货合约
CryptoQuant研究主管:比特币矿工投降指标与2022年12月水平相当
以太坊网络gas降至1 Gwei.
昨日GBTC资金净流出2720万美元
Aperture Finance代币APTR已上线Bybit Earn，质押APR最高达50%
Jupiter联创:DAO将于7月进行JUP供应减少投票，可能会有LFG Launchpad
币圈资讯
美财政部发布2025年加密税收制度
Pudgy Penguins母公司收购Web3创作者平台Frame以构建新Layer 2
Consensys被起诉，美SEC再拿质押“开刀'
Farcaster推出应用内USDC支付功能
美国法官允许SEC继续进行针对Binance的大部分诉讼
Blast推出治理系统并发起“为BLAST持有者启用积分“首个提室
Coinbase 申请上线 SHIB、LINK、AVAX、XLM 和 DOT 期货合约
CryptoQuant研究主管:比特币矿工投降指标与2022年12月水平相当
以太坊网络gas降至1 Gwei.
昨日GBTC资金净流出2720万美元
Aperture Finance代币APTR已上线Bybit Earn，质押APR最高达50%
Jupiter联创:DAO将于7月进行JUP供应减少投票，可能会有LFG Launchpad
Morgan Stanley's $270 million investment in Bitcoin through Grayscale's GBTC trust signifies a notable shift in mainstream finance's acceptance of cryptocurrency. This move places the bank among the major holders of GBTC and aligns with a broader trend of institutional investors showing increasing interest in Bitcoin.
#Bitcoin2024 #gbtc #Garyscale #MemeWatch2024
#Bitcoin2024 #gbtc #Garyscale #MemeWatch2024
$BTC
独家揭秘！
GBTC资金流出骤减，创三月新低，仅2720万美元！
GBTC资金流出创新低
📉 资金流出情况：
本周流出量：2720万美元
创下记录：三个月来最低水平
📊 对比数据：
与平均每周流出量相比：低95%以上
自6月初以来：最低点（之前为570万美元）
灰度比特币信托（GBTC）本周资金流出量创下三个月新低，仅为2720万美元，远低于其平均每周资金流出量，并达到自6月初以来的最低点。
#gbtc
#BTC☀
#BTC走势预测
#比特币年底能否突破10万美元？
#美国大选如何影响加密产业？
独家揭秘！
GBTC资金流出骤减，创三月新低，仅2720万美元！
GBTC资金流出创新低
📉 资金流出情况：
本周流出量：2720万美元
创下记录：三个月来最低水平
📊 对比数据：
与平均每周流出量相比：低95%以上
自6月初以来：最低点（之前为570万美元）
灰度比特币信托（GBTC）本周资金流出量创下三个月新低，仅为2720万美元，远低于其平均每周资金流出量，并达到自6月初以来的最低点。
#gbtc
#BTC☀
#BTC走势预测
#比特币年底能否突破10万美元？
#美国大选如何影响加密产业？
#GRAYSCALE - the renowned #bitcoinetf giant has introduced the Dynamic Income Fund.
The Grayscale Dynamic Income Fund (GDIF) will hold assets of 9 blockchains: Aptos, Celestia, Coinbase Staked Ethereum, Cosmos, Near, Osmosis, Polkadot, SEI Network and Solana.
The primary objective of the #GDIF is to distribute rewards in US dollars on a quarterly basis. Grayscale aims to capitalize on the potential of crypto staking, a process where users can earn rewards by participating in network validation activities.
While the cryptocurrency market experiences record highs, Grayscale's flagship product, the #gbtc ETF, has faced significant outflows. Since its conversion to an ETF on January 11, 2024, GBTC has seen a 33% reduction in #BTC holdings, amounting to record outflows of $9.266 billion. Reasons include high fees, competition from cheaper alternatives, and the sale of stakes by bankrupt cryptocurrency companies.
The Grayscale Dynamic Income Fund (GDIF) will hold assets of 9 blockchains: Aptos, Celestia, Coinbase Staked Ethereum, Cosmos, Near, Osmosis, Polkadot, SEI Network and Solana.
The primary objective of the #GDIF is to distribute rewards in US dollars on a quarterly basis. Grayscale aims to capitalize on the potential of crypto staking, a process where users can earn rewards by participating in network validation activities.
While the cryptocurrency market experiences record highs, Grayscale's flagship product, the #gbtc ETF, has faced significant outflows. Since its conversion to an ETF on January 11, 2024, GBTC has seen a 33% reduction in #BTC holdings, amounting to record outflows of $9.266 billion. Reasons include high fees, competition from cheaper alternatives, and the sale of stakes by bankrupt cryptocurrency companies.
#Graysacle Bitcoin trust (GBTC) Witnesses Slowing Withdrawal Volumes:
Over the past few days, Grayscale’s Bitcoin Trust (GBTC) has shown a notable decline in withdrawal volumes, indicating a potential shift in investor sentiment. According to data from #BITMEX Research, on Feb. 23, #gbtc experienced withdrawals amounting to $44.2 million, marking the lowest daily volume since its transition on Jan. 11 from an over-the-counter product to an exchange-traded fund (ETF).
The trend of decreasing outflows is evident when examining the data from January onwards. By the end of January, GBTC had reported total withdrawals of $5.64 billion, with a substantial $640 million leaving on Jan. 22 alone. As February progresses, the pace of outflows has continued to slow, with a total of $1.8 billion withdrawn so far this month. Since its inception, GBTC has seen a total withdrawal of $7.4 billion.
This slowdown in withdrawals may suggest a stabilization or even a potential reversal in investor sentiment towards GBTC. It could signify a shift in strategy among investors, with some choosing to hold onto their positions rather than liquidating them. Additionally, it may reflect a growing confidence in Bitcoin and cryptocurrency markets as a whole, prompting investors to reconsider their withdrawal decisions.
While it’s essential to monitor the situation closely for further developments, the recent data indicates a notable shift in GBTC’s withdrawal patterns, potentially signaling changing dynamics within the cryptocurrency investment landscape.
#Write2Earn #TrendingTopic $BTC
Over the past few days, Grayscale’s Bitcoin Trust (GBTC) has shown a notable decline in withdrawal volumes, indicating a potential shift in investor sentiment. According to data from #BITMEX Research, on Feb. 23, #gbtc experienced withdrawals amounting to $44.2 million, marking the lowest daily volume since its transition on Jan. 11 from an over-the-counter product to an exchange-traded fund (ETF).
The trend of decreasing outflows is evident when examining the data from January onwards. By the end of January, GBTC had reported total withdrawals of $5.64 billion, with a substantial $640 million leaving on Jan. 22 alone. As February progresses, the pace of outflows has continued to slow, with a total of $1.8 billion withdrawn so far this month. Since its inception, GBTC has seen a total withdrawal of $7.4 billion.
This slowdown in withdrawals may suggest a stabilization or even a potential reversal in investor sentiment towards GBTC. It could signify a shift in strategy among investors, with some choosing to hold onto their positions rather than liquidating them. Additionally, it may reflect a growing confidence in Bitcoin and cryptocurrency markets as a whole, prompting investors to reconsider their withdrawal decisions.
While it’s essential to monitor the situation closely for further developments, the recent data indicates a notable shift in GBTC’s withdrawal patterns, potentially signaling changing dynamics within the cryptocurrency investment landscape.
#Write2Earn #TrendingTopic $BTC
📈 US Bitcoin ETFs Experience Strong Inflows Led by #BlackRock
US Bitcoin ETFs have seen a five-day streak of positive inflows, totaling $246 million. Notably, BlackRock's iShares Bitcoin Trust (IBIT) stands out, pulling in $184 million on Wednesday alone. 🚀
Despite a tumultuous market, investor confidence in Bitcoin ETFs appears to be growing. While BlackRock dominates the scene, other funds like Bitwise’s #BitcoinETFs (BITB) managed to attract only $2 million, with significant outflows from Fidelity’s $BTC Fund ($33 million) and ARK Invest’s ETF ($47 million). 💰
👀 The shift in investor preferences suggests a move towards larger, more established funds, as seen with IBIT's substantial gains compared to the struggles of #grayscale ’s Bitcoin Trust (GBTC), which has lost over $20 billion since converting to an #ETF✅ .
#gbtc
US Bitcoin ETFs have seen a five-day streak of positive inflows, totaling $246 million. Notably, BlackRock's iShares Bitcoin Trust (IBIT) stands out, pulling in $184 million on Wednesday alone. 🚀
Despite a tumultuous market, investor confidence in Bitcoin ETFs appears to be growing. While BlackRock dominates the scene, other funds like Bitwise’s #BitcoinETFs (BITB) managed to attract only $2 million, with significant outflows from Fidelity’s $BTC Fund ($33 million) and ARK Invest’s ETF ($47 million). 💰
👀 The shift in investor preferences suggests a move towards larger, more established funds, as seen with IBIT's substantial gains compared to the struggles of #grayscale ’s Bitcoin Trust (GBTC), which has lost over $20 billion since converting to an #ETF✅ .
#gbtc