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Crypto markets are rebounding after the weekend's sell-off! Top assets surged by approximately 2% and more, fueled by the largest daily inflow to Bitcoin ETFs in five weeks. Read more : https://lnkd.in/gTGdgFak Don't miss out on exclusive updates and alpha insights! Join my Telegram channel now: https://t.me/hashtalk1 Like, bookmark, and repost the quote below to spread the word! #Crypto #Bitcoin #ETFs

Uncover the Latest Crypto Trends with B2C2’s #Cryptobits! Adam Farthing and Freddie Flinn delve into the intricacies of Bitcoin ETFs, trading volumes and overall market sentiment. Here’s a sneak peak of what’s inside: - IBIT and FBTC outshine GBTC with impressive trading volumes, signalling a shift in investor interest towards new BTC ETFs. - Galaxy's bullish prediction of $14bn in new inflows within the first year of ETF launches is already showing promising signs, with $3.1bn net inflows observed in just over a month. - A look ahead to Coinbase's financial results, and the latest market performance and volatility analysis. 👀  Read the full version here ✉ Subscribe to get updates straight to your inbox https://lnkd.in/d6kjJ3fY #crypto #cryptotrading #cryptocurrency

Bitcoin ETFs See $1.6B Inflows This Week – Is BTC Reaching A New ATH Soon? https://lnkd.in/dNnfZJr4 #Bitcoin #News #Bitcoin #Bitcoindemand #BitcoinETF #BitcoinETFInflows #BitcoinNews #BitcoinPriceAnaysis #BTC #BTCprice #BTCUSDT #crypto #news #NewsBTC

📈 Record-breaking week for crypto investment products! 🚀 Bitwise, Grayscale, and 21Shares hit a trading volume high of $17.5 billion as spot bitcoin ETFs started trading in the U.S., reports CoinShares. 🌐💹 These volumes accounted for nearly 90% of daily trades on trusted exchanges, an unusual surge from the usual 2%-10%. 💰 Inflows reached $1.18 billion last week (T+2 settlement), although slightly below the $1.5 billion record set during the launch of futures-based ETFs in Oct 2021. Bitcoin funds dominated with $1.16 billion in inflows, constituting 98% of the total, while short bitcoin products saw minor inflows of $4.1 million. 🌐 U.S.-based funds led with $1.24 billion inflows, while Europe experienced minor outflows. CoinShares exercised the option to acquire Valkyrie Funds after the spot bitcoin ETF approval, aiming to extend European success in the U.S. despite Valkyrie's lower trading volume among the newly launched ETFs. 🤝 #CryptoInvestment #BitcoinETF #CryptoNews 📊

Bitcoin Spot ETFs Suffer $140M Outflow, Marking Five-Day Decline The #crypto market experienced a notable shift on June 20, with Bitcoin spot ETFs witnessing a significant outflow of $140 million, marking the fifth consecutive day of losses. Grayscale’s GBTC was the hardest hit, losing $53.1 million in a single day. In contrast, BlackRock’s IBIT ETF bucked the trend, recording an inflow of $1.48 million, which increased its total inflow to an impressive $14.67 billion. These contrasting movements highlight the diverse strategies investors are adopting in response to the volatile #cryptomarket. https://lnkd.in/gcyCxCNG #cryptonews #cryptocurrency

A decade later, ETF's approval has made its first ever appearance in the US market. As you may have noticed, I did not address the news on the spot yesterday, as I was personally waiting to see how BTC would perform on the first trading day. 1. The first few hours of trading saw high volume coming in. 2. Markets reacted positively to the first trading day for spot BTC ETFs, rallying to nearly $49,000. 3. As the spot Bitcoin ETFs began trading, crypto prices started turning up, with Bitcoin soaring more than 2.7% on the day. 4. At some point, the cryptocurrency rose above $49,000 before correcting to the current price. The SEC has approved 11 spot Bitcoin ETFs applications from issuers like BlackRock, Grayscale, Fidelity, and VanEck. The fact that all the products launched on the same day — removing the potential first-mover advantage — and hold the same underlying asset added extra fuel to the race-to-the-bottom on fees. Several firms turned to fee waivers in a bid to stand out, offering their ETFs for free for the first six or twelve months. “Historic feels like the right description,” said Todd Sohn, an ETF strategist at Strategas. “Now the real work begins to see who has staying power.” In the meantime, I promise not to mention ETFs anytime soon... happy BTC ETF approval week! #cryptonews #etfs #breakingnews #bitcoin #technicalanalysis #financialwriting

The #BTC community is currently awash in excitement and hype over Bitcoin Spot ETFs. ETFs are often touted as a way for investors to get exposure to Bitcoin without having to hold actual #Bitcoin themselves. But is exposure via proxy or derivative “Bitcoin” the way to truly benefit from Bitcoin’s positive qualities, such as resistance to censorship, confiscation, and inflation? https://lnkd.in/gqPYFRHf

The Bitcoin Spot ETF: A New Era for Investors? One week has passed since the Bitcoin spot ETF began trading, and the surprise is that Bitcoin's price has traded down despite billions of dollars flowing into the various ETFs. Why is this happening? Firstly, investors across the market had built up immense anticipation of the ETF approvals, leading to a rapid appreciation in Bitcoin's price from around $27,000 in mid-October to ~$45,000 earlier this month. This created a perfect storm for profit-taking, as investors sold their holdings after their speculation was confirmed - a classic case of "buy the rumor, sell the news". Secondly, billions of dollars have been flowing out of Grayscale's GBTC, the world's largest Bitcoin fund, due to its high management fees compared to competing ETFs. Despite a 25% drop in fees, Grayscale still charges 1.5%, significantly higher than the sub-0.50% fees offered by other ETFs. This exodus of funds is putting significant sell pressure on Bitcoin's price. But here's the bigger picture: - The dynamics of the Bitcoin market are changing as the holder base shifts from hardcore HODLers to traditional financial players. This influx of new investors brings different behaviors and expectations. - Traditional financial investors like rebalancing their portfolios, which means they will sell assets that have increased in value, creating a new source of sell pressure. - The creation of derivatives will also reduce the positive impact on price, as some capital flows will end up in these products rather than buying spot Bitcoin. - Increased liquidity will dampen volatility, but also reduce the potential for severe price increases. Bitcoin is growing up, and investors must adapt to this new reality. The true test of a great investor is whether you can continue to update your mental model and navigate an ever-changing world. Share your thoughts on the future of Bitcoin and the impact of traditional investors! #Bitcoin #ETF #Investing #Cryptocurrency #Finance #Blockmec #YC25

BlackRock and Grayscale: A Race in Bitcoin Holdings According to data from Farside Investors, BlackRock is closing the gap with Grayscale, with a difference of just 50,100 BTC. The amount of Bitcoin held by US ETFs has reached 838,729 BTC, indicating growing institutional interest. On April 9, Farside data revealed outflows for Bitcoin exchange-traded funds (ETFs), with BTC ETFs experiencing an outflow of $18.6 million, marking consecutive outflows. Grayscale’s GBTC saw outflows of $154.9 million, the smallest daily outflow since April 4, bringing its total outflows to $15.9 billion. In contrast, BlackRock’s IBIT witnessed an inflow of $128.7 million, its largest since April 5, with total inflows now standing at $14.9 billion. BTC ETFs have attracted $12.3 billion in net inflows, indicating a continued interest in this asset class. Data from heyapollo.com shows that GBTC currently holds 316,202 BTC, while IBIT holds 266,102 BTC. Meanwhile, Fidelity’s FBTC has accumulated 150,694 BTC, showcasing the growing interest from institutional investors. Collectively, the 11 BTC ETFs hold an impressive 838,729 BTC, highlighting the significant amount of Bitcoin now held by these investment vehicles. Full Article: https://buff.ly/4docLyr #Bitcoin #BlackRock #Grayscale #BTCETFs #InstitutionalInterest #CryptoInvestments #FidelityFBTC #NetInflows #BTCOutflows #CryptoMarketTrends