Bitcoin ETF High Volume Doesn't Always Mean Heavy Buying: NYDIG

Bitcoin ETF High Volume Doesn't Always Mean Heavy Buying: NYDIG

[ad_1] The spot bitcoin ETF group as a whole has seen a turnover ratio of 5.3%, said Cipolaro, with Valkyrie (BRRR) and Grayscale’s GBTC seeing the lowest rates at 2.2% and 2.4%, respectively. At the high end is Ark 21 (ARKB) at 11.3%. He also took note of an upside outlier, WisdomTree’s (BTCW), the smallest … Read more

Bitcoin ETF Flows Show Negative Trend For First Time Since Launch

Bitcoin ETF Flows Show Negative Trend For First Time Since Launch

[ad_1] According to data collected by Bloomberg Intelligence analyst James Seyffart, the 10 spot bitcoin ETFs (GBTC included) saw a net outflow of $158 million on Wednesday. Day-to-day flows can, of course, be mercurial. Numbers compiled by CoinDesk from the issuers’ websites shows total bitcoin held by all of the spot ETFs (GBTC included) as … Read more