therationalroot on Nostr: Giant GBTC outflows, 9.5k #BTC. Since ETF approval, 250,000 BTC have flowed out of ...
Giant GBTC outflows, 9.5k #BTC.
Since ETF approval, 250,000 BTC have flowed out of Grayscale. This substantial sell pressure was mostly offset by other ETFs' inflows. We were overdue for a pullback, and yesterday, and likely today, outflows are in charge.
Nonetheless, large inflows to BlackRock!
Published at
2024-03-19 12:02:28Event JSON
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"tags": [
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"content": "Giant GBTC outflows, 9.5k #BTC. \n\nSince ETF approval, 250,000 BTC have flowed out of Grayscale. This substantial sell pressure was mostly offset by other ETFs' inflows. We were overdue for a pullback, and yesterday, and likely today, outflows are in charge. \n\nNonetheless, large inflows to BlackRock!\nhttps://image.nostr.build/2cea876b35be6c065ba6b0c6a9ea99334e06de9cd0d6856c85d421118aecc07e.jpg",
"sig": "c0e1d2f0cd6cd6361b48937241139437c3af844571b06fd81c361ab0da9a92cf052c6b2214589d9a182c5d5809a456ba256bca0625945c2d094eac15baa4a603"
}
