Charlie Morris, founder of ByteTree, an investment advisory firm, wrote on X that the number of bitcoins held by grey release GBTC has dropped from about 630,000 to 230,000. This is the largest "leak source" in the ecosystem, down 64% from 2019. This is a drag, but capital outflows should slow from now on. Global net flow of bitcoin ETFs has turned positive again, indicating that demand has absorbed GBTC sales. Structural demand will continue to emerge as...
In the Asian market, Bitcoin investors are facing significant volatility, possibly due to automated trading protocols reacting to the liquidity data of US ETFs holding cryptocurrencies. The daily data on the demand level of these Bitcoin spot ETFs spread throughout the cryptocurrency market during the Asian period after the end of US stock market trading. On Tuesday, when cash flow data showed that investors were withdrawing, digital assets ushered in a month
在亚洲市场,比特币投资者面临着明显的波动,可能是因为自动化交易协议对持有加密货币的美国ETF的资金流动数据做出反应而导致的。这些比特币现货 ETF 的需求水平每日的数据在美国股市交易结束后的亚洲时段传播到整个加密货币市场。周二,在资金流动数据显示投资者正在撤资时,数字资产迎来了一个月内...