Bitcoin ETFs see record inflows, reaching $1.4 billion in two days. Fidelity tops with $220.6M, followed by BlackRock. Total Bitcoin ETF investments hit $15.3B. Farside data indicates that on June 5, exchange-traded funds (ETFs) that track Bitcoin (BTC) had significant inflows, culminating in a noteworthy accumulation of $488.1 million. With 17 trading days in a […] #Crypto #BitcoinETF #Farsidedata
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+++US Bitcoin ETFs longest period of outflows since inception+++ In the last eight days, investors have withdrawn around USD 1.2 billion from US Bitcoin ETFs - the longest period of net outflows since their launch at the beginning of the year. This is part of a general retreat from risky assets due to global uncertainties. Surprisingly, BlackRock, the largest Bitcoin ETF provider, has seen no outflows since August 29th. #bitcoin #ETF #cryptoadotion #finance #innovation #marketing #economics
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Bitcoin mania on Wallstreet? 🏦 There was some interesting drama about Bitcoin on Wall Street yesterday. Bitcoin-focused Spot ETFs saw a staggering inflow of 💰 funds, with the amount of Bitcoin owned by these funds jumping to nearly ten times what ⛏️ miners have been able to extract. Preliminary figures suggest that approximately 💸 $493.4 million has flowed into these funds, representing around 🪙 10,280 Bitcoins. BlackRock, Fidelity and Ark 21Shares were the main players with significant capital inflows. Overall, it looks like Wall Street still has a strong interest in Bitcoin.
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According to JPMorgan's Managing Director, Nikolaos Panigirtzoglou, Bitcoin now holds a more significant share in investors' portfolios compared to gold. Adjusting for volatility, Bitcoin's distribution in investors' portfolios is 3.7 times larger than that of gold. ⠀ Panigirtzoglou highlighted a significant inflow of over $10 billion into Bitcoin exchange-traded funds (ETFs) since their approval in January. He also mentioned that the potential size of the Bitcoin ETF market could reach $62 billion, using gold as a reference point. 📈💰 #Bitcoin #Gold #Investing #ETFs
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BlackRock's Bitcoin ETF Sees First Day Without Inflows, Breaking 71-Day Streak ❕ ❕ BlackRock's IBIT, the popular spot Bitcoin ETF, didn't attract any new money yesterday for the first time since launch. The slowdown comes after a strong first quarter for Bitcoin ETFs, raising questions about the sustainability of the rally. Is this a sign of a cooling Bitcoin market ⁉ #Bitcoin #IBIT #Crypto #BlackRock #CryptoNews #Bitcoinmarket #BlackrockETF #BitcoinETF
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Bitcoin ETF flows show no clear trend, with initial enthusiasm giving way to a back-and-forth pattern. Few funds hold large #ETF positions that could significantly move the market, reducing the risk of sudden, large-scale selloffs. Most large Bitcoin ETF holders (75%) allocate less than 2% of their portfolio to these assets. Institutional investors are primarily using Bitcoin ETFs as a diversification tool rather than making major commitments. The #bitcoin dream is dead. Bitcoin is now just another risk asset. 📕 https://lnkd.in/dWKuKjYv Via Ecoinometrics
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Bitcoin Surpasses Silver to Become the World’s 8th Largest Asset! Bitcoin just hit a new milestone with a market cap of $1.736 trillion, overtaking silver to rank as the 8th largest asset globally! With its price surging past $89,000 today—a 10% rise—Bitcoin’s growth is powered by increased institutional interest and the popularity of Bitcoin ETFs. Notably, BlackRock’s iShares Bitcoin Trust saw a remarkable $4.5 billion in trading volume. Will Bitcoin continue to climb? Stay tuned as this historic trend unfolds! #Bitcoin #CryptoMilestone #DigitalAssets #InstitutionalInvesting #BitcoinETF #Investing #RichSmart
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U.S. Bitcoin spot ETFs have a cumulative net inflow of $16.897 billion #cryptonews - According to BlockBeats, on September 8, according to Farside Investors data, the US Bitcoin spot ETF has accumulated a net inflow of US$16.897 billion since its launch, of which Grayscale… https://lnkd.in/dHHxWFi3
U.S. Bitcoin spot ETFs have a cumulative net inflow of $16.897 billion
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The US Bitcoin Spot ETF launch was a Monumental Success! Nathan Geraci, President of The ETF Store - Investment Advisors, shares his thoughts on the Bitcoin ETF success. He also expects the inflows to continue to grow! Watch the full interview https://lnkd.in/exnd8KVC #crypto #bitcoin #bitcoinetf #ethereum #etf #thinkingcrypto
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On April 8th, Bitcoin spot ETFs saw significant activity with a $223 million inflow, signaling a notable capital injection tied to Bitcoin's performance. Conversely, GBTC, Grayscale's ETF, experienced a $303 million outflow, contributing to its historical net outflow of $15.81 billion. Bitwise ETF NYSE led with a $40.33 million single-day inflow, indicating strong investor interest, while IBIT by BlackRock followed with a $21.27 million inflow. Total net asset value stands at $60.19 billion, with a 4.27% ETF net asset ratio. Cumulative net inflow has reached $12.39 billion, showcasing continued investor confidence in Bitcoin spot ETFs. 📍 ✌ Read More: https://lnkd.in/gReRTqii #Bitcoin #CryptocurrencyInvesting #FinancialMarkets #CryptoAssets #MarketAnalysis
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Today, 98% of investors are still 100% vested in #TradFi #Fiat Investments. That's a personal choice, of course! However, the sentiment of being content with 0% Bitcoin in a portfolio is changing slowly but surely! Consider this: Before you even put a small allocation into Bitcoin, have your investment advisor "try" to beat the ULTIMATE BENCHMARK #Bitcoin in any 200 weeks. Why? Because today they are shooting "low" ... their measure is the S&P 500 which is okay if all you aspire to do is to barely be ahead of monetary debasement. As of today, #BlackRock clients have allocated $25 billion to Paper Bitcoin, to their #BitcoinETF, $IBIT ETF. Bitcoin > Paper Bitcoin > Zero Bitcoin
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