One-third of GBTC outflows could be redirected to Spot Bitcoin ETFs: Bloomberg Analysts
Shifting sands in crypto investment as Grayscale experiences billion-dollar outflows.
James Van Straten 2 min read Insights
Data-led research on the narratives, flows, and on-chain signals moving crypto markets.
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James Van Straten 2 min read Latest insights
Crypto Equities
Newborn Nine Bitcoin ETFs hit record $914 million inflow in a single day
Rolling netflows grew to $1.2b after the Newborn Nine pulled in $914b, according to Balchunas.
Bitcoin
Texas freeze leads to dip in Bitcoin hash rate
ERCOT avoids blackouts even as Bitcoin miners in Texas curtail operations.
Bitcoin
Bitcoin’s $3 billion surge in short-term holder activity
Profit-taking and panic selling: Bitcoin short-term holders on a transaction spree.
Crypto Equities
Bitcoin now second largest commodity ETF asset class in US, ahead of Silver
Bitcoin ETFs strong growth, GBTC conversion, leads to position as number two commodity asset class in U.S. markets.
Crypto Equities
Bitcoin ETFs exploded with $10 billion traded in first days, overshadowing combined 2023 ETF launches
Bitcoin ETFs outperform entire 2023 'Freshman Class' of ETFs with massive trading volume, according to Balchunas.
GBTC
Grayscale outflows add further $800 million BTC liquidity to Coinbase Prime OTC desk
Grayscale continues outflows as 18,400 BTC sent to Coinbase Prime hot wallet per Arkham Intelligence data.
Bitcoin
Nearly $2 billion in dormant Bitcoin moves after five years
Market on watch as dormant bitcoin worth billions reactivates.
Bitcoin
Bitcoin’s 200-week moving average breaks above $30,000 in market milestone
Market watchers eye Bitcoin's 365-day and 200-week moving averages as they converge in a rare event.
Crypto Equities
Grayscale Bitcoin Trust sees $1.18 billion exodus amid spot ETF popularity
Grayscale's Bitcoin reserve stands strong around 600k BTC despite facing significant fund outflows.
Bitcoin
Grayscale moves $387 million in Bitcoin to Coinbase in possible redemption play
Grayscale's repeat high-value Bitcoin transfers to Coinbase prime suggest potential ETF redemption maneuvers.
Crypto Equities
Bitcoin inches up while leading ETFs slide further down in pre-market trading
ETF losses deepen in pre-market trading while Bitcoin marks a slight increase.
Bitcoin
Bitcoin’s surging correlation with Nasdaq signals convergence with traditional finance
With correlation to Nasdaq in an uptrend, Bitcoin cements its place in mainstream finance.