Ether ETFs saw $534 million in inflows on Tuesday, the 4th largest on record.
BlackRock alone bought $426 million. That’s now 13 straight days of inflows, totaling over $4 BILLION. Investors including Wall Street are going ALL IN on cryptos. Source: Global Markets Investor
The ARK Innovation ETF is up 37% this year.
The SP500 is only up 7%. Meanwhile, over the past 12 months, the S&P500 is up 14%. ARKK is up 60%. The short interest in ARKK right now is the highest it's ever been. Source: J-C Parets, Trendlabs
Bitcoin ETF Flows are still 2x the flows from MSTR and other Bitcoin Treasury companies.
If nothing changes, these together will generate $50 billion in new demand for BTC (without taking into account new bitcoin treasury companies being created, sovereign demand, new institutional demand, etc.) We now the supply variable in the equation. What we do NOT know is how much the whales will offload their bitcoin as the price keeps moving higher. But net net it looks like the supply-demand context remains rather favourable... Source chart: Fred Krueger
Ether $ETH is finally moving: biggest ETF inflow on record
Source: zerohedge
Here's a funny one...
Vanguard, via its funds, is now the single largest shareholder of Strategy. Still can NOT buy spot bitcoin ETFs on their brokerage platform... Source: Bloomberg, @NateGeraci on X
ARK Innovation ETF
- 19 consecutive months of net OUTFLOWS - SHORT INTEREST at new all-time highs - Price hitting new multi-year highs What if inflows start to come back and the shorts are forced to cover? Source chart: J-C Parets
Value and growth are now even YTD
Source: Mike Zaccardi, CFA, CMT, MBA
Who's holding bitcoin?
Bitcoin ETFs, whose collective U.S. launch in January 2024 was one of the most successful ETF debuts in history, still represent the largest holders of bitcoin by entity with more than 1.4 million coins held today, representing about 6.8% of the fixed supply cap of 21 million. Public companies hold about 855,000 coins, or about 4%. Source. CNBC
