Bitcoin Spot ETF Tracker

[Bureau]

Yeah it went down to $64,000s yesterday. I figured the lowest price would be hit on the weekend, since the weekend doesn't have that extra boost of hundreds of millions of dollars coming in from ETFs. Of course it could always dip lower, but its now back up like $3500 since last night, back over $68k. Unless sellers are planning another big round of dumping, I think we'll see it head back over $70k this week. Though I certainly wouldn't mind a chance to do a little DCA under $65k.

Anyway this dip is very healthy for the market. Going almost straight from $51k to $73k wasn't healthy. Getting even just a few days under $70k helps prime the pump for a move over $75k in the near future.

Your analysis was correct the price of Bitcoin is going down and looks like it is heading towards a major correction. Do you think it will break the $60k mark and go below it? I have been reading a few articles that are speculation about a major price shakeup. You are right that for the healthy market such correction is needed and hopefully after it is done we might see Bitcoin creating a new ATH.

[1714656908]

1714656908

[Ricardo11]

This bitcoin constant rate was 15k in 2018. This btc has been going like this for quite some time, adding about 3000 btc.  After some time the btc market increased by 20k in just one month.





   By the end of the day the value of btc is increasing by around 150 million.  Those who hold btc for a long time are getting better marketing)




   BTC price was 15k from 2018 then it became 200k in 2020 and after a long time the price of this btc increased to 250k in 2001 in the market of ABTS.  Adding 150 million abtc is under a lot of pressure now because of the huge amount of sales due to everyone coming back to the magazine btc price is selling between 250k and 50.000

LOL, what are you talking about? You're talking nonsense, Bitcoin never went to 200k or 250k in its life. Please don't post nonsense without knowing anything. For this type of post, I think this forum has a lot of trouble. Please, from now on, you will not post falsehoods and falsehoods, post carefully.

[tranthidung]

Bitcoin Spot ETFs just have a worst day in their money flow so far with a largest outflow day that is a third consecutive red day too.

The author of charts wrote his opinion on this.

The average purchase price (cost) for the $11.57 billion net flows since January 11 is $57.5K for all ten spot BTC ETFs, and $55.1K if GBTC is excluded.

So, another 10% to 13% correction will result in the unrealized profits being at zero.

If BTC does trade to this level, we'll get a big clue about the type of buyer (strong or weak-handed). Yesterday's record outflow from these ETFs indicates, I believe, that they lean more toward the "weak-hands" variety.

From the chart, we can see a big open space under $60,000 and if Bitcoin loses that support, it will potentially drops to about $51,000 to $53,000, the price channel from which it broke out weeks ago.

Will support from Bitcoin Spot ETFs be able to help Bitcoin holds its price above $55,000 to $57,000 in coming weeks?

[Gideon66]

Bitcoin Spot ETF approval is a very big milestone for Bitcoin market. It makes Bitcoin more 'legal' and attract bigger capital to this market.

A website to track Bitcoin Spot ETFs' holdings.

• https://heyapollo.com/bitcoin-etf

If you use Twitter, you can follow

• https://twitter.com/thomas_fahrer
• https://twitter.com/Capital15C

https://pbs.twimg.com/media/GEfGQ7wagAAsrk2?format=jpg&name=900x900

https://pbs.twimg.com/media/GEfPwqGW0AAnyKM?format=jpg&name=900x900

We will not see instant effects from Bitcoin Spot ETFs on Bitcoin Spot market because those companies are buying Bitcoin through OTC market. Soon they will knock the Bitcoin Spot market and let's use your imagination to see how price will react.

Bitcoin Spot ETF Trackers

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Link

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Notes

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Heyapollo.com

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ETF details (fee), charts exclusively animated

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Bitcoin Strategy

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Chart, Newsletter

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Blockworks.co

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ETF details (fee, status, AUM ..)

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Coinglass.com

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ETF details (fee, status, AUM ..)

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ETFdb.com

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Bitcoin ETFs List (factsheet, ...)

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Farside.co.uk

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Bitcoin ETF Flow (table, cumulative flow chart)

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Bitcointreasuries.net

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Bitcoin ETF overview, stats, balance sheet history

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Daily Bitcoin Spot ETF volumes on Trading View

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A script on Trading view.

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The ETF tracks the price of Bitcoin and allows investors to track the price of underlying assets. The money will be trade on traditional exchange, like NYSE. This will soften things for investor's and given them the insight of the price of Bitcoin without holding the cryptocurrency directly.

[Benedictare]

   
 17 hours ago Spot Bitcoin ETFs suffer third straight day of net outflows, $261M bled
United States-listed spot Bitcoin ETFs have now bled around $742 million in just three trading days.


   https://cointelegraph.com/news/bitcoin-etfs-post-third-outflow-day-261-million

[JayJuanGee]

17 hours ago Spot Bitcoin ETFs suffer third straight day of net outflows, $261M bled
United States-listed spot Bitcoin ETFs have now bled around $742 million in just three trading days.
   https://cointelegraph.com/news/bitcoin-etfs-post-third-outflow-day-261-million

Misleading to get worked up about three days worth of outflows that are largely just outflows from GBTC, which has its own issues.

In other words, there are humungous outflows from GBTC, and all of the others continue to have inflows.. and the overall trend remains more than $11 billion of inflows showing on the chart within that article. 

Yeah the inflows have not been as great in the last 3 days to off-set the ongoing and persistent GBTC outflows, and sure the other ETFs might start to have outflows too, but seems like a BIG so what if they do and even not even very likely that the others are going to have outflows, since the ETFs are generally inflowing and the clients of ETFs are generally sticky clients - except for the GBTC situation has a long time inability to move funds out, plus other issues that are contributing to its ongoing and persistent outflows.. and perhaps even some disgruntled GBTC clients.. perhaps?

[franky1]

when measuring flows in$$$ it makes things look like a bad weekday when the price has dropped from $75k to$65k
(EG buying 10k coin at $75k ($750m) and then another day buying 11k coin at $65k($715m) appears as less is being bought, when $ measured)

however when you look at the COIN amount flows, its not as bad of a week..

when bitcoins $$ price is so temporary and volatile i see no point in using $$ as a measure of flows..
its much better for us bitcoiners to see and know the COIN accumulations over time

..
as for inflows-out flows
well grayscale will continue to be an out..

but it appears brokers jumped into things like investco and ark but have not seen much end-investor buying, for the brokers to get excited about. so the brokers grab their shares again, dispose of them and take the coin-cash-coin (out-then-in) to other etf's that are more popular where there are actual end-investor buying demand

we will continue to see a few shifts of the little ETF's fall off. and see grayscale continue to drop once brokers find their feet with the right ETF that has most end-investor exposure (mainly the ones on nasdaq and nyse will grow and survive)

[tranthidung]

Last week, Grayscale has massive outflow and both BlackRock, Fidelity ETFs could not cover it with their inflows. The recent outflow from Grayscale probably comes from Genesis but if their outflow rate continues, they will have nothing left next 90 days.

Sooner or later, selling pressure from Grayscale redemptions will stop and other new Bitcoin Spot ETFs with majority of purchases from BlackRock and Fidelity will bring Bitcoin on a positive direction.

At the current rate of redemptions, GBTC runs out of Bitcoin to sell in 96 DAYS.

Since GBTC started trading as an ETF on 11th January, Grayscale has transferred 266.47K BTC out of their wallets for GBTC redemptions.

That’s a rate of 25.9K BTC per week.

[tranthidung]

Glassnode Insights released its report, Spot Bitcoin ETFs and Their Impacts.

Trading capital and volume from Bitcoin Spot ETFs are going to OTC markets then Spot markets and they are here to stay in Bitcoin market. Weak Bitcoin Spot ETFs will have to stop their services but strongest ones will continue for a long time. Effects from new capital from Bitcoin Spot ETFs sooner or later will be reflected on price. It will be like domino effects and when a domino starts to fall, we will witness massive price impacts.

In fact, spot Bitcoin ETFs have quickly grown to become one of the major drivers of market dynamics that traders need to take into account in their strategies.

• The combined AUM for these ETFs has reached a staggering 851k BTC, which represents approximately 4.3% of the total circulating Bitcoin supply. This significant concentration of Bitcoin under management by ETFs highlights their growing influence on the market.
• Throughout the first quarter following their introduction, weekly inflows into Bitcoin ETFs ranged impressively from $1.2 billion to as high as $2.5 billion. However, there has been a noticeable slowdown in these inflows since late March, suggesting a potential stabilization or even a shift in investor sentiment towards these products.

Conclusions and Implications for Market Participants

The introduction of spot Bitcoin ETFs has significantly altered Bitcoin's supply and demand dynamics, making it crucial for market participants to consistently monitor ETF inflows and outflows. These ETFs not only help increase price levels by reducing available supply but also can greatly influence or even dictate major market movements due to their substantial market presence. This significant impact of ETFs on market dynamics means that careful observation and strategic planning are essential for investors aiming to leverage these changes effectively.

I quote theymos too.

IIRC, in last halvings there was lull in the price for some time after the halving before the effect of the reduced supply really started to be felt. I wonder if that'll happen this time.