Seems nobody is talking about ETFs right now.

Is it that bad, so everyone decided to ignore it?

The net flow since launch is going to break $12B soon.

During the week, the market witnessed an investment of $0.20B.

Looking closely at the flow chart, we can see the growth over the last few days

On the 14th it was $23M.

Day after - $116M, which is 5 times more

And on the 16th it was $173M, +32%.

The biggest holder is still Grayscale, but Blackrock is going to overtake it soon.

That's only a matter of time.

Now let's look at AUM:

Right now, Grayscale has 34.7%, BlackRock - 33.2% and the third one - Fidelity - 18.5%

Only these 3 titans hold $46.4B of the market, which is 85%.

When we look closer to the Flow chart divided by companies, Blackrock sits on the 0 level.

Grayscale was -$29M.

The last time this institution witnessed growth was on the 7th of May, +$4M.

Also, there's data about other companies.

According to 13F, 937 professional firms invested in ETFs during the 1st quarter.

That's $11.06B in 3 months!

Among the biggest investors - Morgan Stanley(almost $270m in GBTC)

While ETF gold had only 95 firms that invested in it at the same period of time.