The latest Glassnode analysis illuminates the significant influx of institutional funds into bitcoin, particularly following the green light for American spot Bitcoin Exchange-Traded Funds (ETFs). Contrary to skeptics’ doubts, this inflow has…
Category: Stock Market and ETFs
Record $598.9M Outflow from Grayscale on February 29th
Grayscale shareholders capitalized on the massive bitcoin pump last week, leading to an unprecedented outflow from the fund. Despite this record withdrawal, BTC continued to trade above $60K, underscoring the robust demand…
BlackRock’s Bitcoin ETF, Ishares Bitcoin Trust (IBIT), Amasses Nearly 110,000 Bitcoins
BlackRock, the world’s largest asset manager, has made a significant impact in the cryptocurrency market with its spot Bitcoin ETF, the Ishares Bitcoin Trust (IBIT). Since its inception about a month ago,…
Larry Fink – A New Narrative
Coincidence. We already have a BTC ETF that was long discussed, but it was not approved until BlackRock got involved. Many didn’t take this event seriously, expecting groundless cancellations of applications…
Shifting Investment Paradigms: From Bitcoin and Gold to AI’s Revolutionary Impact
At the beginning of the week, many well-known economists and analysts predicted Bitcoin would reach $100 and higher in 2024. In the past, many public guru predictions yielded results contrary to expectations….
Analyzing Bitcoin’s Interest Dynamics: Between ETF Emergence, Market Surge, and the Anticipated Halving
It’s been a while since we looked into Google Trends to analyze the interest in Bitcoin amid the emergence of new exchange-traded ETFs and the rapid increase in the market price of…
ETF Approval Sparks $13 Billion BTC Accumulation Despite Initial Sales Tool Role, Fostering a Long Market Outlook
During the ETF Approval Period, Funds Accumulate $13 Billion in BTC, Despite ETFs Initially Being Seen as a Liquidation Tool In the period following the approval of Exchange-Traded Funds (ETFs), investment funds…
Microstrategy’s Bitcoin Strategy: A Deep Dive into its Asset Portfolio and Market Dynamics
According to the latest data, Microstrategy now owns 190,000 bitcoins, acquired at an average cost of $5.96 billion. Currently, the value of the company’s bitcoin assets is estimated at $9.88 billion. This…
Bitcoin ETFs Set New Record with $631 Million Inflow, Surpassing $35.7 Billion in Assets
On February 13th, Bitcoin ETFs attracted $631 million, setting a new record for capital inflow into Bitcoin exchange-traded funds (ETFs). The inflow of funds has been increasing over the last 13…
Smart money trading
Smart money trading involves following the actions of institutional investors, hedge funds, and experienced market participants who are considered to have sophisticated knowledge and resources. These investors often have access to extensive…
Grayscale GBTC ETF Records Massive Bitcoin Sell-Off, Dominates Market Despite Decrease in Reserves
Over the past day, the Grayscale GBTC exchange-traded fund (ETF) has sold a record amount of 20,803.83 BTC for $867.98 million. This is the most significant reduction in GBTC reserves since January…
Monitoring BTC ETF Wallets
All ETF fund wallets (https://platform.arkhamintelligence.com/dashboard/19ef4fab-b7aa-4b25-bd6b-dce366042aa8) in one place. On their platform, you can monitor both the overall picture through a consolidated dashboard and individual wallets: • Consolidated dashboard (https://platform.arkhamintelligence.com/dashboard/19ef4fab-b7aa-4b25-bd6b-dce366042aa8) for all funds…
Grayscale Bitcoin Trust (GBTC) Dynamics: ETFs Surge While GBTC Impact Persists
Grayscale Bitcoin Trust (GBTC) continues to impact the Bitcoin market. The fund unloaded an additional 15,986.29 BTC into the order books of CEX exchanges. The fund’s assets decreased from 552,681.22 BTC on…
Arkham’s On-Chain Intelligence Reveals Concerns in New Bitcoin ETFs Market
The company Arkham, specializing in on-chain intelligence, has announced the identification of four lists of connected addresses associated with four new spot Bitcoin exchange-traded funds (ETFs). These address groups are linked to…
Bitcoin ETFs: Grayscale’s Dominance, Coinbase’s Role, and Market Dynamics
Since January 12, 2024, Grayscale’s Bitcoin Exchange-Traded Fund (ETF) GBTC has withdrawn 50,106.59 bitcoins. Meanwhile, nine recently launched spot Bitcoin ETFs have collectively accumulated 81,366 bitcoins, equivalent to approximately $3.39 billion. Grayscale,…
Bitcoin ETF Trading Volume Surpasses 2023’s Total ETF Activity
In just three days, the trading volume of 11 newly launched Bitcoin spot ETFs reached nearly $10 billion, surpassing the total turnover of 500 ETFs for various assets in 2023. ETF market…
Spot Bitcoin ETFs Manage Over 3% of Total Bitcoin Supply – Recent SEC Commentary Raises Questions
Spot Bitcoin ETF issuers now oversee 3.07% of the total 21 million Bitcoin supply, with more than 645,000 BTC under management. Notable ETFs and their assets include: iShares Bitcoin Trust (IBTC) by…
Grayscale Bitcoin Trust
This instrument, created by Grayscale in 2013, is awaiting the approval of a spot ETF for BTC. Essentially, these are fund shares backed by BTC. At the time, GBTC owned 3.4% of…
Bitcoin ETFs few days after approval
On the first day of the Bitcoin ETF’s operation, the old law came into play: “Buy on rumors, sell on news.” There was a lot of haymaking on centralized exchanges. The amount…
Second day of bitcoin ETFs trading
BlackRock’s BTC ETF begins its second day of trading with a decline in premarket trading. BTC also went below $46k Yesterday, the total trading volume of spot BTC ETFs amounted to $4.6…