Weekly #Bitcoin Spot ETFs update: in Wk14 we have seen an average inflow from the Nine of $201m (-55% WoW), a an average GBTC outflow of $87m (-64% WoW) and a total average Net Inflow of $114m (-45% WoW)
Overall all flows decreased this week. The good news is that Genesis liquidation is officially over and likely the GBTC outflow will remain at a daily average lower than $100m also for next week.
At the same time on Wednesday we reach the 100 trading days target of the ETFs. Many institutional funds have the rule that they cannot offer an asset in the first 100 days. Therefore we could see more adoption of the ETFs offering.
@alexottabtc
