Post
Topic
Board Speculation
Merits 6 from 1 user
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
DaRude
on 02/02/2024, 17:51:51 UTC
⭐ Merited by El duderino_ (6)
@NateGeraci
iShares Bitcoin Trust hits $3bil in assets...

$3bil in 3 weeks.

Now in the top 10% of *all* ETFs by assets.

3 weeks.
https://x.com/nategeraci/status/1753421391049683259


@JSeyff
Update for The #Bitcoin  ETF Cointucky Derby. Total net inflows of +$38 mln yesterday. -$182 mln left $GBTC. Newborn Nine took in +$220. As stated yesterday, it was the first day that one of these new ETFs ( $IBIT) traded more than $GBTC.

https://x.com/jseyff/status/1753414195834392753




+$38MM yesterday is about BTC900 inflow, which is down from about BTC4,5k inflow the day before, but still currently sucking up all of the newly minted BTC worldwide, even if inflows will further fall 50% it'll still be eating up all of the new BTC in 2,5months with nothing left for the rest of the world ...