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Inflows into Bitwise's Bitcoin ETF surged, with a $67 million daily inflow and almost $100 million weekly total. Bitwise anticipates over $1 trillion from institutions into Bitcoin ETFs. BlackRock's IBIT holds 250k Bitcoins, 30% of Bitcoin ETFs AUM. Coinbase saw a record $1.4 billion USDC inflow. Bitcoin ETFs amassed $844 million net inflows in 4 days, reversing last week's outflows. Institutional interest drives Bitcoin ETFs, with assets reaching $69.39 billion globally in February.
Goldman Sachs Group said pension funds may sell an estimated $32 billion in stocks at the end of the quarter to rebalance their positions; @kanazawa0x0 predicts to see a lot of interest in Bitcoin ETFs Demand, because it was only listed in January and funds have not had time to…
#Blackrock's spot #bitcoin ETF holdings have surpassed 252,011 $BTC, representing an approximate a notional value of about $18 billion. https://t.co/sffNBQBsl7
Someone just aped a 15519 #bitcoin buy order totalling more than $1.1B 👀 BTC @ 70k, we are so early.. https://t.co/6uWwhjXEpj