Many ETF flows stalled due to derisking/fear of war.
Meanwhile, BlackRock continues with its streak of 65 consecutive days of inflows.
#Bitcoin
npub1r00t...sqe8
npub1r00t...sqe8
The Ultimate Cycle Comparison. #Bitcoin
Q2 of the 4-year cycle: the #Bitcoin Halving.
Halving progress 99%. #Bitcoin
The next Halving will gradually reduce the available supply for trade over the next 4 years, with an estimated impact of ~6%. Its impact is diminishing but remains significant. #Bitcoin
Halving progress 98%. #Bitcoin
Outflows out of grayscale continue, but more importantly, during this dip, the 9 other ETFs have shown consistent inflows.
Giant GBTC outflows, 9.5k #BTC.
Since ETF approval, 250,000 BTC have flowed out of Grayscale. This substantial sell pressure was mostly offset by other ETFs' inflows. We were overdue for a pullback, and yesterday, and likely today, outflows are in charge.
Nonetheless, large inflows to BlackRock!
$100k before the Halving?
Pack it up guys, it's over. #Bitcoin crashed.
Avg. ETFs Net Inflow: +4.4k BTC/Day 🤯
Order of magnitude of 1st Halving.
ETFs Net Inflow: +14.6k BTC
-Massive inflows to BlackRock: +11.9k!
-Reduced outflows of Grayscale 👀
+7k BTC Net Inflow to ETFs: Fidelity records its biggest inflow yet, while Grayscale sees continued outflows.
Recovery Progress 99%. #Bitcoin
The #Euro reached a new low.
1 Euro still buys you 1670 Sats, on the way to 1000 Sats.
#Bitcoin
Final day of the week sees a net -2.2k outflow due to heavy GBTC outflows, possibly linked to the Genesis bankruptcy. Reasonable amount of inflows mainly by BlackRock.
...and another one: +11k #BTC net inflow to ETFs!
-Record-breaking daily inflow to BlackRock: over 10k.
-BlackRock now holds over 150k.
-Fidelity now holds over 100k.
The supply crunch continues: +10k net inflows to ETFs!
#Bitcoin
ETFs waking up to digital scarcity, massive day with +9.5k #BTC added to holdings. That is 10x the issuance, and soon Halving coming up. 🤯
Another massive day for the ETFs:
-Fidelity bigger inflows than BlackRock.
-Reduced outflows of Grayscale.
#Bitcoin
