Crypto.com’s Post

💸 Latest data shows US Spot #Bitcoin ETFs with a total net inflow of $12.27B and daily net outflow of $4M on 18 April. This represents the fifth consecutive day of net outflows for the ETFs.

💸 Latest data shows US Spot #Bitcoin ETFs with a total net inflow of $12.53B and daily net outflow of $55M on 12 April. On a weekly basis, the ETFs saw a net outflow of $83M, compared to the net inflows of the previous two weeks.

💸 Latest data shows US Spot #Bitcoin ETFs with a total net inflow of $12.33B and daily net inflow of $60M on 19 April. On a weekly basis, the ETFs had a net outflow of $204M, larger than the $83M net outflow in the prior week.

🇺🇸 The US spot #ETFs have leaned toward the bearish end in the last 24H. Both #Bitcoin & ETH ETFs have recorded outflows.🚨 ETFs net outflows data as of October 8⤵️ ⏩Spot $BTC ETFs daily net outflows — $18.66M  ⏩Spot $ETH ETFs daily net outflows — $8.19M 📌Fidelity Investments's FBTC recorded the highest daily net outflows — $48.82M (Source: SoSoValueCrypto)

🔎 Latest data shows US Spot #Bitcoin ETFs with a total net inflow of US$8.52B, with US$648M inflow on 5 March. BlackRock (IBIT) recorded its highest daily inflow of US$788M.

💸 Latest data shows US Spot #Bitcoin ETFs with a total net inflow of $11.22B. On 1 May, the ETFs saw its largest daily net outflow of $564M since launch. Blackrock’s IBIT also saw its first day of net outflow.

There was $631 million of net inflows to the spot #bitcoin ETFs yesterday. That is 14x more demand than the network produced in the same day. I don't think people understand the magnitude of what is happening right now.

Coinbase (COIN): Oppenheimer Raises target price to $276 from $200 The analyst commented: 'The adoption of digital assets continued after the approval of spot Bitcoin ETF in January. We estimate that COIN's 1Q24 trading volume would be up 95% QoQ and 107% YoY to $300B. More importantly, liquidity in this space has continued to increase, with the average market cap of USDC increasing 12% QoQ to $28B (or $31B at 1Q24- end)

📈 As #Bitcoin flirts with breaking resistance, the market's appetite hints at an ETF comeback. Unpack the 5 critical developments in #Bitcoin this week, starting with GBTC's demand spike. - https://lnkd.in/d8pECV4g

Bitcoin #ETFs surpass $1 billion in inflows over last 3 trading days… Spot #Bitcoin ETFs in the US have recorded substantial inflows over the past three trading days, amassing over $1 billion, with significant contributions to BlackRock’s IBIT #ETF. Data from Farside Investors shows that, on July 12, 15, and 16, 2024, the total inflows amounted to $1.032 billion with zero outflows across the board.