📈 **Coinbase Sees Institutional Inflows into Bitcoin Spot ETFs as a Positive Sign!** Coinbase's latest report highlights the growing inflow of institutional investors into Bitcoin spot ETFs as a promising indicator for the crypto market. Despite Bitcoin's recent poor performance, spot ETF inflows have continued, with institutional shareholdings increasing from 21.4% to 24.0% in Q2. This trend suggests sustained interest in cryptocurrencies, as ETFs, traded like traditional stocks, offer easier access to Bitcoin without the need for direct purchases. 🚀💼 #BitcoinWorld #CryptoInvesting
Keshav Aggarwal (he/his/him)’s Post
More Relevant Posts
-
Since their inception on January 11, 2024, Bitcoin ETFs have seen significant growth in trading volume. In just two months, the ten Bitcoin ETFs have attracted net inflows of more than $10 billion. March has already crushed volume from January and February and we still have half the month to go. The top performers in terms of volume on March 14 were #BlackRock, #Grayscale, #Fidelity, #ARK Invest, #Bitwise,#Invesco, #WisdomTree, and #VanEck. The increased volume and inflows have contributed to the rise in Bitcoin's price, which recently hit a new high of $73,619 per #bitcoin. This surge in Bitcoin ETF trading volume is a sign of the growing interest in cryptocurrencies and their increasing integration into traditional financial markets. If you are genuinely interested in learning about #bitcoin, reach out or ask comments in this thread. Here is a series of short, easy to understand videos to get started learning about #bitcoin: www.swan.com/welcome You can also check us out at: https://lnkd.in/e9tJXHeh
To view or add a comment, sign in
-
Spot Bitcoin ETFs See Surge in Activity with Record Inflows and Volume BlackRock’s IBIT led the charge on Tuesday, recording a massive $642 million in inflows, signaling increasing institutional interest in Bitcoin. Highlights: • Total trading volume for U.S. spot Bitcoin ETFs hit $4.75 billion on Tuesday, a significant jump from $3 billion the previous day. • This surge underscores growing confidence and demand for Bitcoin investment vehicles among institutional and retail investors alike. #Bitcoin #CryptoETFs #BlackRock #InstitutionalInvestors #CryptoFinance #DigitalAssets
To view or add a comment, sign in
-
The success of U.S. spot Bitcoin ETFs contributes to a positive shift in investors’ sentiment. The market capitalization of Bitcoin has soared above $1 trillion. Breaching the $51,000 level, a milestone untouched for 2 years. In 2024 alone, it has surged more than 21%. Bitcoin continues to assert its dominance in the digital asset landscape, setting the stage for further developments and opportunities. #bitcoin #trading #investing #markets
To view or add a comment, sign in
-
Significant Bitcoin ETF inflows on Friday and Monday, with respectively $371m and $217m 💰 And not only because we had a "streak" of outflows, but these are generally well above the average inflows 📈 These numbers mean that supply & newly mined BTC is getting scooped up 👀 Another interesting observation is that $GBTC saw whooping $63 million of positive flows for the first time after the US Bitcoin ETFs were launched 👌 The Grayscale Bitcoin Trust ETF typically only "enjoys" outflows, because of their high(er) fees. But remember, market doesn't like vacuum. And since we are used to some drama, the SEC has sent a Wells Notice to Robinhood 🤷♀️ Not a financial advice, just observations ✌️ #Bitcoin #BitcoinETFs #Robinhood
To view or add a comment, sign in
-
Bitcoin ETFs Attracting Billions According to an analysis by CryptoQuant, there’s a significant influx of capital into Bitcoin ETFs, which directly buy and hold Bitcoin. In just the past week, these products have attracted over $1 billion, and during the last 15 trading days, they were profitable on 13 occasions. This positive trend began on September 9, shortly after Bitcoin's price dropped below $53,000.
To view or add a comment, sign in
-
📈 Record Inflows into U.S. Spot Bitcoin ETFs! On Monday, U.S. spot bitcoin ETFs saw a massive surge with $479.4 million in net inflows – the largest daily inflow in two weeks! Leading the charge was BlackRock’s IBIT, bringing in a remarkable $315 million, marking its 11th consecutive day of positive flows. Other major players also experienced significant inflows: • Ark and 21Shares’ ARKB: $59.78 million • Fidelity’s FBTC: $44.12 million • Bitwise’s BITB: $38.67 million • Grayscale’s BTC: $21.59 million While some funds enjoyed substantial inflows, seven other spot bitcoin ETFs recorded zero flows, highlighting a concentrated interest in specific funds. This influx of capital signals increasing confidence and interest from investors in bitcoin as a major asset. #Bitcoin #ETFs #CryptoInvesting #BlackRock #Fidelity #ArkInvest
To view or add a comment, sign in
-
The excitement around Bitcoin ETFs continues! The total trading volume for US spot Bitcoin ETFs reached $7.69 billion on February 28th, according to Bloomberg ETF analyst James Seyffart. This is a 65% increase from the previous record of $4.66 billion set on launch day in January. BlackRock's iShares Bitcoin ETF (IBIT) led the charge, contributing over $3.35 billion to the daily volume, nearly doubling its previous daily record. This surge in activity indicates the institutional interest in Bitcoin while retail interest stays moderate. What are your thoughts on the future of Bitcoin ETFs? #bitcoin #etf
To view or add a comment, sign in
-
Bitcoin topped $49,000 Monday supported by last week's strong ETF inflows and signs of institutional accumulation. The price action is supported by last week's strong inflows into spot bitcoin ETFs, attracting over $1.1 billion net fresh funds amid slowing outflows from incumbent funds such as Grayscale Bitcoin Trust (GBTC) and ProShares' futures-based ETF, asset management firm CoinShares reported Monday. However, potential selling pressure from Genesis, a crypto lender under bankruptcy protection, liquidating its $1.6 billion worth of GBTC holdings could weigh on ETF net inflows and prices in the next months. https://lnkd.in/gTjZ9J9j #BTC #cryptoprices #bitcoinprice #cryptomarkets #markets #pricechart #dataviz #charts #cryptonews #bitcoinetfs
To view or add a comment, sign in
-
Bitcoin's recent rally has driven record-breaking inflows into BlackRock's Bitcoin ETF (IBIT). On November 7, the ETF saw a massive $1.1 billion in inflows, marking the highest daily inflow since its January launch. 🚀💰 This surge in investment came as Bitcoin hit an all-time high of $76,943, with IBIT capturing nearly 82% of the total $1.34 billion inflows into U.S.-listed Bitcoin ETFs that day. With such a strong momentum, market experts expect more significant inflows in the days ahead. As Bitcoin continues its upward trajectory, it’s clear that institutional interest is only intensifying. #Bitcoin #ETF #Investing #Crypto #BlackRock #MarketTrends For more details: https://lnkd.in/deW9vBJM
To view or add a comment, sign in