BTC Spot ETF Day 16 (Patreon)

ETF's still thundering along

BAD NEWS   

1) $FBTC #Fidelity had 2nd weakest day yet

GOOD NEWS   

1) $GBTC slowed even more... worst is well over

2) 9 New ETF's sucking all Grayscale dumpage in and more

3) Smaller ETFs picking up steam

4) Cumulative 1.6BN net Over 7.53BN in total into new ETFs

🧵Day 16 is 5th slowest Money Day yet in terms of money flow, still however bringing in $80 million net

🧵DAY 16 MONEY FLOW PER FUND    

Now there is a net positive $1.6BN in ETFs after GBTC Put another way - the new ETFs added over $7.6 BILLION in 16 days

🧵DAY 16 BITCOIN ADDITION AND DELETION PER FUND 

Net positive additional 40,118 Bitcoin was sucked out of the market - that is over 2500 per Day - miners only mine 900 per Day.  New ETFs now have over 181K BTC in aggregate.

All the raw numbers - End of Thread.