According to data of @SpotOnChain , the total cash flow of #BTCETFs is positive 343M USD
🚨#ETFNet inflows May 3, 2024: +$343 million!

•#GrayscaleBitcoin Trust $GBTC experiences first inflow within a day of inception.

• Net capital flow turned positive after being negative for 7 consecutive trading days.

• 8/10#BitcoinETFssaw inflows, led by#FidelityWise Origin Bitcoin Fund $FBTC with $102.6 million, while#BlackRockiShares Bitcoin Trust $IBIT one-day inflows remained weak at level of 13 million dollars.

$BTC

🚨🔥BREAKING BTC SENTIMENT 🔥🚨

#Bitcoin (BTC) is eyeing a climb to $74,000 as it surpasses $73,000. 📈 #BitcoinBullRun

👉🏻 Record-breaking $1 billion in net inflows into spot Bitcoin exchange-traded funds (ETFs) on Tuesday. 💰 #BTCETFs

👉🏻 BitMEX Research data shows 14,706 BTC in net inflows, indicating strong institutional interest. 🏦 #InstitutionalInvestors

👉🏻 Blackrock leads with a record $849 million inflow, while Grayscale experiences $79 million in outflows. 📊 🔥CryptoMarket

👉🏻 Traders suggest that the price action signals institutional buying, hinting at continued bullish momentum. 💹 #BullishTrend

👉🏻 General market sentiment remains bullish among professional investors, with expectations of a “sell-side crisis” later this year due to rising ETF demand. 🚀

A “sell-side crisis” means there’s more demand to buy than available supply to sell, causing prices to rise sharply.

#HotTrends

$BTC

#BTC ETF APPROVAL ANTICIPATED! 🌐 SPECULATIONS ARISE AS WALLET "0X1DB" SWIFTLY TRANSFERS 61M #USDT TO VARIOUS EXCHANGES.
IS THIS THE SIGN OF AN INSTITUTION PREPARING TO DIVE INTO $BTC ? 🤔

It's speculated that #BTCETFs will likely be approved within the next 24 hours, and institutions appear primed for action. 🌐💼

In the last 12 hours, wallet "0x1db" received a significant 61M USDT and swiftly transferred it to various exchanges.
Notably, this wallet has received over 50% of the minted USDT on #Ethereum in the past 3 months, depositing them into different centralized exchanges.

Could this be an #ETF institution gearing up with USDT to buy BTC? 🤔💰

🌐 Address: 👇
0x1dbbbc3fdb2c4fabd28fd9b84ed99ceb84bfbec5

Stay tuned for more updates on this potential game-changing move! 🚀

😍 A small LIKE and FOLLOW, Motivates me a lot 😍

🔥#BTCETFs are "on the cusp of approval" on major financial platforms and large private banking platforms in the third or fourth quarter of this year.

These are the predictions put forward by analysts at #Bernstein . They also believe that #BTC will grow to 200k by 2025.

In principle, it looks realistic, looking at how big capital is buying up $BTC . Long term is absolutely understandable.
#BNBHODLer #AirdropGuide

⤴️ What happened in Crypto in the last 24H? ⤴️

🔸#BTCETFs $10 Billion Volume
🔹 Grayscale's $BTC Sold on Coinbase
🔸 ETH/BTC Bullish
🔹 $DIMO x CoinFund
🔸 $KLAY <> $FNSA Merge
🔹Coinbase lists $HONEY
🔸 $SOL Saga Genesis Token
🔹 $PRIME "Closing in on Signal"

💡© Courtesy - LAyerGG

© This composition is not endorsed by any entity; the names mentioned are solely for informational purposes. By stating this, we absolve ourselves of any liability for losses incurred if you invest in this project after perusing our article. This article should be regarded as a source of information, not financial counsel. Please note that this disclaimer is intended to protect both the reader and the author.

⚡ More Alpha, Join Us, Follow Us, Share Us ⚡ @Techandtips123

Another positive day of inflow for the #BTCETFs

#Grayscale trying to ruin the party, but #BlackRock⁩ scooping up all the $BTC they can lately