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15 Jan 2024

Top 5 spot Bitcoin total flows:

BlackRock: $497.7 million Fidelity: $422.3 million Bitwise: $237.9 million ARK 21Shares: $105.2 million Franklin: $50.1 million Source: Bitcoin Magazine

15 Jan 2024

Inflows into the 10 new bitcoin ETFs hit +$1.4 billion over 2 days.

Subtracting GBTC's outflows of -$579m we get a net inflow of +$818.9m into the 10 new vehicles. People rotating out of GBTC into the others & Grayscale selling BTC are behind the price dump despite the inflows. Source: Joe Consorti, Bloomberg

15 Jan 2024

moneylaudering using usdollar vs. using bitcoin

Source: United Nations Office on drugs and crime, Global investigation review, www.zerohedge.com

15 Jan 2024

Bitcoin is down -12% from yesterday $49k high. So what's going on?

that some unexpected supply is coming to the market. Indeed, 4 Grayscale Bitcoin Trust wallets have just transferred over 4,000 BTC ($177,500,000+) to Coinbase Exchange. A lot of supply to absorb... Source: WhaleWire

12 Jan 2024

HOLDRs have been nicely rewarded over the last few years

Source Table: Dan Held

12 Jan 2024

What are the key takeaways from DAY 1 of bitcoin spot etf?

- The first US ETFs that directly hold Bitcoin are off to a strong start, with billions of dollars changing hands in a historical first day of trading for the long-sought investment vehicles. - The Blackrock iShares Bitcoin Trust ($IBIT) has passed $1B in volume today - The whole group hit $4.3B in volume or $2.2B ex-GBTC - 4 issuers are ABOVE $100B volume - The Bitcoin futures ETF $BITO smashed it's all time volume record in this historic day with $2b traded.. perhaps some is redemptions but it is probable that $BITO's liquidity will serve purpose in market maker for a while - $BITO and $GBTC are both in the Top 10 among overall ETFs in trading volume today.. $IBIT and $FBTC also making in Top 25, just to give some context on how this volume fits in w bigger picture. Just overall superb showing. Remember the futures ETFs barely did $2m - As a side note, $7.7 trillion asset manager Vanguard says they will NOT offer spot Bitcoin ETF.

12 Jan 2024

The approval of 11 bitcoin spot etf by the SEC is going to accelerate adoption of cryptocurrencies by Wall Street(and Main Street).

Adoption rhymes with education and this is precisely what the big guys are currently doing -> training their staff to better understand, explain and promote crypto products & solutions to their clients.

11 Jan 2024

BlackRock may break the first-day flow record with a possible $2 billion asset injection on the first day of trading for its US spot Bitcoin ETF

according to BI's senior ETF analyst Eric Balchunas Seed funding could combine with grassroots interest to give it momentum in a race that includes up to 11 ETFs that we think could gather as much as $4 billion on the first day, and $50 billion of assets within two years.

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