Grayscale Bitcoin Trust (GBTC)

US Spot Bitcoin ETFs Mark Ninth Day of Inflows, Led by Blackrock’s $89M Gain

May 24, 2024 Bitcoin.com

ARKB

U.S. spot bitcoin exchange-traded funds noted their ninth consecutive day of positive inflows, amassing $107.9 million on Thursday. Blackrock’s IBIT led the way, securing $89 million, while Grayscale’s bitcoin trust (GBTC) experienced $14 million in outflows. Gap Between IBIT and GBTC Reserves Tighten Spot bitcoin ETFs had a consistent week of steady inflows, with $107.9 […]

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US recession 40% likely in 2025, what it means for crypto — Analyst

US Spot Bitcoin ETFs See $305M in Inflows; Blackrock’s IBIT Dominates

May 23, 2024 Bitcoin.com

Bitcoin

U.S. spot bitcoin exchange-traded funds (ETFs) saw an influx of $305.7 million on Tuesday, marking a seventh consecutive day of positive inflows. According to data, Blackrock’s IBIT led the day, capturing 94.86% of the total inflows for all the ETFs. Tuesday Sees $305M in Inflows Into U.S. Spot Bitcoin ETFs Amidst the excitement around proposed […]

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US recession 40% likely in 2025, what it means for crypto — Analyst

US Bitcoin ETFs See 4 Days of Inflows, Blackrock’s IBIT Nears GBTC’s Reserve Levels

May 17, 2024 Bitcoin.com

Ark Invest

On Thursday, U.S. spot bitcoin exchange-traded funds (ETFs) marked their fourth day of inflows, accumulating $257.3 million. Grayscale’s Bitcoin Trust (GBTC) also experienced its fourth day of inflows, gaining $4.6 million during the trading sessions. Spread Between IBIT and GBTC Bitcoin Reserves Grows Thinner U.S. spot bitcoin ETFs continued their streak this week with four […]

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US recession 40% likely in 2025, what it means for crypto — Analyst

US Bitcoin ETFs Achieve 3-Day Inflow Streak, Netting $303M on Wednesday

May 16, 2024 Bitcoin.com

Ark Invest

U.S. spot bitcoin exchange-traded funds (ETFs) performed well on Wednesday, completing a three-day streak of inflows and accumulating $303 million in gains on May 15. Data indicates Blackrock’s IBIT inflows have been minimal, recording zero inflows over the past few trading sessions. In contrast, Grayscale’s Bitcoin Trust (GBTC) saw inflows of approximately $27 million during […]

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US recession 40% likely in 2025, what it means for crypto — Analyst

US Bitcoin ETFs See $166.5M Inflows in Early Week Trading Sessions

May 15, 2024 Bitcoin.com

Ark Invest

U.S. spot bitcoin exchange-traded funds (ETFs) experienced two consecutive days of net inflows on Monday and Tuesday, totaling $166.5 million across both sessions. U.S. Bitcoin ETFs Record 2 Days of Net Inflows The week began positively for U.S. spot bitcoin ETFs, with notable inflows seen during the initial two trading days. On Monday, the collective […]

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US recession 40% likely in 2025, what it means for crypto — Analyst

Wells Fargo Holds Spot Bitcoin ETFs, Reveals SEC Filing of Grayscale Shares

May 11, 2024 Bitcoin.com

Bitcoin

Wells Fargo, a major US banking entity, is now storing a spot bitcoin ETF for its customers, as revealed in a new SEC filing, holding 2,245 shares of the Grayscale Bitcoin Trust (GBTC), which was recently converted into an ETF. Though the value of these shares stands at $121,207, a small fraction of the bank’s […]

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US recession 40% likely in 2025, what it means for crypto — Analyst

GBTC’s Heavy Withdrawals Result in Net $11.3M Outflow in US Bitcoin ETFs

May 10, 2024 Bitcoin.com

Ark Invest

The U.S. spot bitcoin exchange-traded funds (ETFs) witnessed an outflow of $11.3 million during Thursday’s trading sessions, following an inflow of $11.5 million on Wednesday. Although the majority of funds experienced inflows on Thursday, significant outflows from Grayscale’s Bitcoin Trust (GBTC) eclipsed these gains. Grayscale’s Losses Contrast With Gains On Thursday, GBTC experienced outflows that […]

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US recession 40% likely in 2025, what it means for crypto — Analyst

Mixed Fortunes for US Bitcoin Funds as GBTC Losses Offset Other Gains

May 8, 2024 Bitcoin.com

Ark Invest

Following two days of positive inflows, U.S. spot bitcoin exchange-traded funds (ETFs) experienced a decline, with $15.7 million exiting on Tuesday. Grayscale’s Bitcoin Trust (GBTC) saw $29 million leave during the day’s trading sessions, overshadowing the break-even and positive reports from the other spot bitcoin funds. Fidelity, Ark Invest, Invesco Report Gains While GBTC Struggles […]

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US recession 40% likely in 2025, what it means for crypto — Analyst

Positive Market Turn: US Bitcoin ETFs See Substantial Inflows After Last Week’s Outflows

May 7, 2024 Bitcoin.com

Ark Invest

According to statistics, U.S. spot bitcoin exchange-traded funds (ETFs) saw their second consecutive day of positive inflows after recording approximately $378.3 million on Friday. During Monday’s trading sessions, the U.S.-based bitcoin ETFs accumulated $217 million in positive inflows, with Grayscale’s Bitcoin Trust (GBTC) also marking its second consecutive day of inflows. US Spot Bitcoin ETFs […]

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US recession 40% likely in 2025, what it means for crypto — Analyst

Grayscale’s Bitcoin Trust Halts 78-Day Outflow Streak With $63M Inflow

May 4, 2024 Bitcoin.com

Bitcoin

Statistics indicate that after a prolonged period of 78 days, Grayscale’s Bitcoin Trust has ceased experiencing outflows, observing an infusion of $63 million on Friday, equating to around 1,030 bitcoins. GBTC Sees First Inflows After 78 Days For the time being, Grayscale’s Bitcoin Trust (GBTC) appears to have halted the depletion of bitcoin following its […]

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US recession 40% likely in 2025, what it means for crypto — Analyst