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Net Inflow in Spot BTC-ETFs: Over the last two weeks, there has been a net inflow into spot BTC-ETFs, coinciding with market growth.
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Reduction in GBTC Outflows: A key factor in Bitcoin’s recent price increase has been the decrease in outflows from Grayscale Bitcoin Trust, dropping from $500-600 million to $100-200 million per day.
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Market Stabilization Indicator: This reduction in GBTC outflows suggests market stabilization and a potential decrease in Bitcoin spot market volatility.
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Rise of New U.S. BTC-ETFs: Recently issued U.S. BTC-ETFs, particularly BlackRock’s IBTC and Fidelity’s FBTC, have gained prominence, attracting significant investments.
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Significant Investment Inflows: IBTC and FBTC recorded inflows of $884 million and $674 million respectively over a week, leading to an overall surge in Bitcoin-focused net investments.
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$7.7 Billion Accumulated by New ETFs: These new American spot BTC-ETFs have collectively raised $7.7 billion since their inception, offsetting a $6 billion out
37 Likes
Bullish buddy.
12 Likes
This is great
10 Likes
Thanks for your info bro
9 Likes
Yessir
8 Likes
Of course it is man
7 Likes
Bullish asf. Let’s go
9 Likes
LFG my man
8 Likes
great information
9 Likes
you welcome
6 Likes
Btc etf is going to change the outcome for crypto forever!
9 Likes
Bullishhh Preformatted text
Blockquote
7 Likes
For real man
9 Likes
bullish bro
7 Likes
this is awesome
7 Likes
Nice one mate… thanks
4 Likes
Send it higher ser
4 Likes
Yes sir it is,
4 Likes
Rajas my man how you?
2 Likes
fine bro,thanks for reply
3 Likes