BITCOIN ETFs Day 12 - Big Reversal (Patreon)

2 things are happening at once

1) GBTC selling tapering off real fast

2) Huge Day for FID and BR - $400 million combined across $FBTC and $IBIT

Money Flow

Day 12 shows the bleeding has almost stopped at GBTC and a monster combo day for FBTC and IBIT

Day 12 is 3rd biggest Money Day Ever

MONEY FLOW PER FUND

Now there is a net positive $1BN in ETFs after GBTC 

Put another way - the new ETFs added $6.23 BILLION

BITCOIN ADDITION AND DELETION PER FUND

Net positive additional 25000 Bitcoin was sucked out of the market - that is 2100 per Day - miners only mine 900 per Day.  OTC counters must be empty or close to being empty. 

New ETFs now have 150,000 BTC in aggregate.