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Bitwise, a firm in the spot ETH ETF ring, published a new correlation analysis replicating SEC's methodology for Bitcoin evaluation. Bitcoin ETFs saw significant inflows, with GBTC outflow at $105m, the lowest since March 12. BlackRock's IBIT recorded $95m inflow, setting a positive trend.
🚨 BREAKING 🚨 BLACKROCK AND FIDELITY NOW HOLDS 399,695 BITCOIN WORTH $228.06 BILLION FOR THEIR SPOT ETFs. SINCE THE ETF APPROVAL THEY HAVE BOUGHT - ALL BTC SOLD BY GRAYSCALE ✅ - ALL NEWLY MINED BTC ✅ - AN ADDITIONAL 61,758 BTC THIS IS BULLISH SUPLLY SHOCK 🔥
Bitcoin to See $1T Inflows Amid Bull Market: Bitwise Executive "We believe bitcoin is in a raging bull market. Not only is it up nearly 300% in the past 15 months, but there are strong reasons to think that will continue,” said Hougan. https://t.co/yKy6jVfxNy
🚨 Spot #Bitcoin ETFs now hold over $35 billion worth of $BTC since Janurary