Bitwise

US Spot Bitcoin ETFs See $55.1M Outflow; GBTC Divests 2,048 BTC Amid Market Volatility

April 14, 2024 Bitcoin.com

Bitcoin (BTC)

Data shows that U.S. spot bitcoin exchange-traded funds (ETFs) experienced negative outflows on Friday, totaling $55.1 million, with Grayscale’s Bitcoin Trust (GBTC) seeing another notable decrease. Metrics from Thursday reveal GBTC held 316,193.43 bitcoins, but after a decline of 2,048.23 bitcoins, the fund’s holdings reduced to 314,145.2 bitcoins. Blackrock and Fidelity Absorb Bitcoin Despite GBTC’s […]

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Fidelity’s FBTC Gains Ground, Absorbing Over 1,000 BTC Amid Wednesday’s $123M Inflow

April 11, 2024 Bitcoin.com

Bitcoin (BTC)

U.S. spot bitcoin exchange-traded funds (ETFs) garnered $123.7 million in positive inflows during Wednesday’s trading. Grayscale’s Bitcoin Trust (GBTC) experienced a decline in its bitcoin holdings, decreasing from 318,451.70 to 316,193.43 bitcoins. ETF Analyst Notes Historical Inflow Streak in 2 Bitcoin ETFs, Eyeing Record On Wednesday, U.S. spot bitcoin ETFs reversed a two-day trend of […]

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US Spot Bitcoin ETFs Record $19.4 Million in Outflows, GBTC Holdings Decline

April 10, 2024 Bitcoin.com

Bitcoin (BTC)

U.S. spot bitcoin exchange-traded funds (ETFs) experienced another round of net withdrawals, documenting a $19.4 million decrease. The holdings of GBTC diminished from 322,697.17 bitcoins to 318,451.70. U.S. Spot Bitcoin ETF Landscape: Outflows Continue to Persist On April 8, 2024, the U.S. spot bitcoin ETFs saw a substantial $223.8 million in outflows, and on April […]

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Bitwise President Praises Tether’s Successful Business Model

April 10, 2024 Bitcoin.com

Altcoins

Teddy Fusaro, president of Bitwise, one of the crypto index fund managers, has praised the business model of Tether, the company behind the largest stablecoin in the crypto market. Fusaro emphasized that Tether obtained net income numbers close to the ones of traditional institutions such as Goldman Sachs and Morgan Stanley in 2023, with a […]

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GBTC Drops Nearly 3,000 BTC in a Day as Blackrock, Fidelity Command Record Inflow Streaks

April 9, 2024 Bitcoin.com

Bitcoin (BTC)

Recent market data highlights that spot bitcoin exchange-traded funds (ETFs) in the United States experienced a net outflow of $223.8 million on April 8, while Grayscale’s Bitcoin Trust (GBTC) saw a substantial outflow of $303 million. GBTC Continues to Face Steep Outflows As of yesterday, GBTC possessed 325,686.78 BTC, but as per Grayscale’s website, this […]

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10 US Bitcoin ETFs Amass Over 519,000 BTC, With Blackrock Leading at 50.81%

April 8, 2024 Bitcoin.com

Bitcoin (BTC)

The latest data reveals that Blackrock’s spot bitcoin exchange-traded fund (ETF) has increased its bitcoin portfolio, now encompassing 263,937.48 bitcoins valued at $17.88 billion. Spot Bitcoin ETF Reserves Reach New Heights Several U.S. spot bitcoin ETFs have bolstered their bitcoin (BTC) holdings, bringing the total for ten ETFs, excluding Grayscale’s Bitcoin Trust (GBTC), to 519,440.22 […]

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US Bitcoin ETFs Bounce Back With $569.4M in Net Inflows After Initial Dip

April 6, 2024 Bitcoin.com

Bitcoin (BTC)

Spot bitcoin exchange-traded funds (ETFs) concluded the week on an upbeat note, securing $203 million in positive inflows on Friday, as per the latest data. Despite an initial setback of $84.7 million in net outflows on April 1, the ETFs have since rebounded, gathering $569.4 million in net inflows. Bitcoin ETFs Overcome Early April Setback […]

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10 Spot Bitcoin ETFs Now Hold Over 507,000 BTC, Securing 2.57% of Circulating Supply

April 4, 2024 Bitcoin.com

Bitcoin (BTC)

On Wednesday, the U.S. spot bitcoin exchange-traded funds (ETFs) saw a modest uptick in positive inflows, amassing a total of $113.5 million across a trading volume of $2.31 billion. The group of ten spot bitcoin ETFs, excluding Grayscale’s Bitcoin Trust GBTC, now encompasses 507,472.89 BTC or 2.57% of the total circulating supply of 19.67 million […]

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$100,000,000,000,000 Investor Class Starting To Move Into Bitcoin and Crypto, Says Bitwise CIO Matt Hougan

April 1, 2024 The Daily Hodl

Bitcoin

Bitwise CIO Matt Hougan says a cohort of investors holding $100 trillion in wealth is in the early stages of getting Bitcoin (BTC) and crypto exposure. In a weekly memo to investment professionals, the executive of a Bitcoin spot market exchange-traded fund (ETF) issuer says BTC is in the midst of a “raging” bull market. […]

The post $100,000,000,000,000 Investor Class Starting To Move Into Bitcoin and Crypto, Says Bitwise CIO Matt Hougan appeared first on The Daily Hodl.

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Bitcoin ETFs Experience Turnaround With $859M Inflows After Previous Outflows

March 31, 2024 Bitcoin.com

Bitcoin (BTC)

U.S. spot bitcoin exchange-traded funds (ETFs) have enjoyed a streak of positive inflows for four consecutive days, according to the latest figures. This rise in interest comes after a previous week that witnessed five straight days of outflows, totaling a substantial $887.6 million. After a Week of Outflows, Bitcoin ETFs Bounce Back Strong From March […]

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