StackSats ⚡️ @StackSats - 1y
ETF Day 1 Flow Finally the GBTC number is out. GBTC has $95m of outflow Total net flow for the day into the new ETFs was $625.8m Bitwise was the victor for day 1 https://image.nostr.build/5f9cadaf67d96b8df0ef8276b20c6bfc02ef42cb46e0e44aee6c51db1b0987c3.jpg
Samuel #BTC @bitcoinstr - 1y
Great info thanks! Pointed this out before but repeating here 1. 900 new #btc are mind each day. 2. 900*$45,000 = $40,500,000/day 3. ~$14.8 billion new #BTC /year 4. The largest ETFs in the world are only about 1/2 trillion. 5. most of these ETFs are well over 10 years old and many are much older than that or started as mutual funds before then. 6. There are not very many ETFs worth over $100 billion.
