Outflows out of grayscale continue, but more importantly, during this dip, the 9 other ETFs have shown consistent inflows. image
ETFs update: Yesterday, we saw a large net outflow of 5.3k #BTC, obviously contributing to the $5k drawdown in price. Important observation: yesterday's numbers show Grayscale outflows did not rotate into BlackRock. image
Giant GBTC outflows, 9.5k #BTC. Since ETF approval, 250,000 BTC have flowed out of Grayscale. This substantial sell pressure was mostly offset by other ETFs' inflows. We were overdue for a pullback, and yesterday, and likely today, outflows are in charge. Nonetheless, large inflows to BlackRock! image
$100k before the Halving? image
Pack it up guys, it's over. #Bitcoin crashed. image
Avg. ETFs Net Inflow: +4.4k BTC/Day 🤯 Order of magnitude of 1st Halving. image
ETFs Net Inflow: +14.6k BTC -Massive inflows to BlackRock: +11.9k! -Reduced outflows of Grayscale 👀 image
+7k BTC Net Inflow to ETFs: Fidelity records its biggest inflow yet, while Grayscale sees continued outflows. image
Recovery Progress 99%. #Bitcoin image
The #Euro reached a new low. 1 Euro still buys you 1670 Sats, on the way to 1000 Sats. #Bitcoin image