What does the first net inflow of Grayscale spot ETF indicate?
GBTC saw its first inflows since the spot ETF conversion.
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GBTC saw its first inflows since the spot ETF conversion.
BlackRock's iShares Bitcoin Trust (IBIT) experiences longest period without inflows, signaling potential wane in investor interest. Bitcoin's price drops amidst increased outflows from Spot Bitcoin ETFs. Concerns arise about diminishing interest in Bitcoin ETFs despite their previous role in driving Bitcoin's price upward.
BlackRock's IBIT recorded its first $0 inflow day, breaking a 71-day streak, while other ETFs also faced outflows, signaling a temporary market downturn.
BIT set to surpass GBTC by April-end, highlighting evolving investor preferences in the Bitcoin market.
BlackRock's IBIT spot Bitcoin ETF exceeds $15 billion inflows since Jan 11, outpacing rivals. Despite slower daily inflows, it logs $192.1 million. With increased advertising, it leads in trading volume, nearing $20 billion AUM. Despite success, market fluctuations may affect future performance.
Golden Finance launches the 2239th issue of the cryptocurrency and blockchain industry morning report "Golden Morning 8:00" to provide you with the latest and fastest digital currency and blockchain industry news.
BlackRock's iShares Bitcoin ETF (IBIT) reaches a remarkable $2 billion AUM within ten days, indicating a robust investor trust and a significant shift in the cryptocurrency investment landscape.
The 'Newborn Nine' digital asset funds experience a notable success, with a record $914 million inflow in a single day, totaling $1.2 billion in rolling net flows. Strong momentum and market participation highlight their growing significance. IBIT and FBTC lead in performance.
Golden Finance launches the 2204th issue of the cryptocurrency and blockchain industry morning report "Golden Morning 8:00" to provide you with the latest and fastest digital currency and blockchain industry news.
Since November 2021, when it reached a record peak, the market capitalization of all cryptocurrencies has decreased by more more ...