Eric Balchunas on X:
"$IBIT iShares Bitcoin ETF traded $3.3b today, biggest number in 6 months, which is a bit odd because $BTC was up 4% (typically ETF volume spikes in a downturn/crisis). Occasionally though volume can spike if there a FOMO-ing frenzy (a la $ARKK in 2020)". Given the surge in price past few days, his guess is this is latter, which means that inflows could be even bigger this week. Source: Eric Balchunas on X, Bloomberg
Walking into work this morning with $BTC trading above $71,000
Source: Trend Spider
👉 JUST IN: Microsoft asks shareholders to vote on whether to consider investing in Bitcoin!
Source: Swan on X
Bitcoin ETFs have crossed $20b in total net flows (the most important number, most difficult metric to grow in ETF world) for first time after huge week of $1.5b.
For context, it took gold ETFs about 5 years to reach same number. Total assets now $65b, also a high water mark. Source: Eric Balchunas, Bloomberg
THE BITCOIN SUPPLY-DEMAND MISMATCH EXPLAINED IN ONE NUMBER
Spot Bitcoin ETFs bought 5,676 BTC yesterday, while miners only produced 450 BTC Source: Bitcoin Magazine
JUST IN: Tesla moved another $275 million worth of Bitcoin to new wallets 👀
Tesla has now moved $760 million BTC on Tuesday. What is Elon Musk cooking?
JUST IN: Bitcoin $BTC will become as big as the entire U.S.
Housing Market says BlackRock $BLK CEO Larry Fink. For reference, Bitcoin's market size is currently $1.3 Trillion while the U.S. Housing Market is north of $50 Trillion. Source: Barchart
Satoshi Nakamoto
HBO documentary film maker Cullen Hoback has named Peter Todd, a bitcoin core developer who has been involved with bitcoin since 2010, as who he believes to be the real-world identity of Satoshi Nakamoto. If it is true, it means that this man holds about 1.1m BTC tokens (around $70 billion...) in about 22,000 different addresses. Source: Bitcoin Magazine
