Today, the data of Grayscale selling in ETH is quite large, and the same is true for BTC. Moreover, after the large-scale selling, BlackRock took over. The difference is that ETH did not take it, but BTC not only took it, but also saw a net inflow. I wonder if some users suddenly want to change their positions.
In the past 24 hours, Grayscale sold a total of 513.32 #BTC, and BlackRock increased its holdings by 1,547 BTC, more than three times what Grayscale sold. Fidelity and Bitwise also increased their holdings by 262 and 272 BTC, respectively.
So even though the others are all zero, the twelve U.S. ETF institutions still increased their holdings by 1,569 BTC, marking the fourth consecutive day of net increases. BlackRock's buying sentiment has been good in recent days, with a lot of allocations in both BTC and #ETH.
The data has been updated, address: https://docs.google.com/spreadsheets/d/1N8YIm1ZzDN197hMAlkuvH3BgFb8es0x1y4AJLCbDPbc/edit?usp=sharing
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