Monday’s Market Action Sees $36.7 Million Outflow From US Spot Bitcoin ETFs

April 16, 2024 Bitcoin.com

Monday’s Market Action Sees .7 Million Outflow From US Spot Bitcoin ETFs

On Monday, U.S. spot bitcoin exchange-traded funds (ETFs) experienced another round of outflows, shedding $36.7 million since the outflows on Friday. Additionally, after the close of Monday’s market, Grayscale’s Bitcoin Trust (GBTC) offloaded 2,524.1 bitcoins valued at $159.25 million. Blackrock’s IBIT and Fidelity’s FBTC Lead in Bitcoin Accumulation as GBTC Sells Off Since the trading […]

From Premiums to Discounts: Bitcoin’s Wild Ride Splits Global Markets

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

April 14, 2024 Bitcoin.com

US Spot Bitcoin ETFs See .1M Outflow; GBTC Divests 2,048 BTC Amid Market Volatility

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 […]

From Premiums to Discounts: Bitcoin’s Wild Ride Splits Global Markets

Grayscale CEO Sees GBTC Reaching Equilibrium, Expects Outflows to Ease

April 13, 2024 Bitcoin.com

bitcoin.com

Crypto asset manager Grayscale Investments believes that GBTC “has started to reach a little bit of an equilibrium,” says CEO Michael Sonnenshein, noting that some anticipated outflows from the firm’s spot bitcoin exchange-traded fund (ETF) are “largely behind us.” The crypto asset manager also expects GBTC’s fees to come down “as markets mature.” Grayscale’s CEO […]

From Premiums to Discounts: Bitcoin’s Wild Ride Splits Global Markets

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

April 11, 2024 Bitcoin.com

Fidelity’s FBTC Gains Ground, Absorbing Over 1,000 BTC Amid Wednesday’s 3M Inflow

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 […]

From Premiums to Discounts: Bitcoin’s Wild Ride Splits Global Markets

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

April 10, 2024 Bitcoin.com

US Spot Bitcoin ETFs Record .4 Million in Outflows, GBTC Holdings Decline

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 […]

From Premiums to Discounts: Bitcoin’s Wild Ride Splits Global Markets

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 […]

From Premiums to Discounts: Bitcoin’s Wild Ride Splits Global Markets

Genesis Sells Grayscale Shares, Buys $2.17 Billion in Bitcoin for Customer Reimbursement

April 6, 2024 Bitcoin.com

Bitcoin

Following Genesis Global Capital’s receipt of authorization to divest its Grayscale fund holdings, reports disclose that Genesis executed the sale last week. The proceeds were then used to procure 32,041 bitcoin, aimed at reimbursing its clientele. Genesis Liquidates Grayscale GBTC Holdings According to Bloomberg Law, court filings dated April 2 reveal that Genesis liquidated approximately […]

From Premiums to Discounts: Bitcoin’s Wild Ride Splits Global Markets

ETF Analyst Comments on ARKB Outflows: A Reality Check for Crypto’s Hodler Class

April 3, 2024 Bitcoin.com

ARKB

In a modest yet positive development, U.S. spot bitcoin exchange-traded funds (ETFs) saw a net inflow of $39.5 million, even as the ETF ARKB experienced a substantial outflow of $87.5 million. Despite ARKB’s significant outflow surpassing that of GBTC, Grayscale’s Bitcoin Trust also faced a reduction, with approximately $81.9 million being pulled from its funds. […]

From Premiums to Discounts: Bitcoin’s Wild Ride Splits Global Markets

US Bitcoin ETFs See $85.7M Outflow After 4 Days of Gains; Grayscale’s GBTC Leads the Dip

April 2, 2024 Bitcoin.com

US Bitcoin ETFs See .7M Outflow After 4 Days of Gains; Grayscale’s GBTC Leads the Dip

Bitcoin (BTC)

After four days of consecutive inflows, the U.S. spot bitcoin exchange-traded funds (ETFs) experienced a downturn, with $85.7 million flowing out during Monday’s trading hours. U.S. Spot Bitcoin ETFs’ Momentum Halted With $85.7M in Outflows, Spotlight on GBTC Between March 25 and March 28, 2024, the U.S. spot bitcoin ETFs enjoyed an upward trend, amassing […]

From Premiums to Discounts: Bitcoin’s Wild Ride Splits Global Markets

From Peak to Present: GBTC’s Bitcoin Holdings Decrease by 266,827 BTC in 71 Days

March 23, 2024 Bitcoin.com

Bitcoin (BTC)

As of March 22, the bitcoin holdings of Grayscale’s Bitcoin Trust (GBTC) have diminished by 27,917.37 compared to its status three days prior, now amounting to 350,252 bitcoin valued at approximately $22.2 billion. Since evolving into an exchange-traded fund (ETF) listed on public exchanges, GBTC has shed billions in bitcoin over the preceding 71 days. […]

GBTC

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