Spot Bitcoin ETF Hype Dies Down, Normalcy Sets In

Spot Bitcoin ETF Hype Dies Down, Normalcy Sets In

[ad_1] “Many banks, endowments, and pension funds worldwide are only now beginning their due diligence processes before considering strategic allocations to BTC through newly launched ETFs,” Kerbage continued. “As these large financial institutions make decisions over the coming months, it is likely that inflows will increase once again, potentially reaching new milestones for what has … 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