Here is a breakdown of the total inflows into the #Bitcoin Spot ETFs since their launch:
Total Net Inflow (Each Day)
1. $625.8 Million
2. $209.9 Million
3. - $53.1 Million
4. $467.7 Million
5. - $134.8 Million
6. $33.1 Million
In less than a week, over $1Bn has flowed into the ETFs INCLUDING the mass outflows from $GBTC.
The sum of $BTC collected (excluding Grayscale's holdings) is sitting at ₿80,034 - 0.40% of the current total Bitcoin Supply.
This is just the beginning! We always overestimate what can be achieved in the short-term, yet underestimate the level of progress that can be made in the macro.
Twitter@CryptoKidcom|08:26 AM - Jan 21, 2024
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