$IBIT now has $5.45Bln in it's spot Bitcoin ETF.
This number was $4.7Bln only yesterday...
+$750M USD in net flow just for BlackRock TODAY 🤯
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Live shortly to cover this:
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@BenWerkman
Yeah mate, I misspoke on the net flow
* My apologies.
Net flow was $225M, for total on the day being +340M USD into spot ETFs today.
$IBIT AUM increased by +750M but that accounts for appreciation of the assets in the fund.
Another 7000 BTC taken off the market for a long time ⌛️
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* My apologies.
Net flow was $225M, for total on the day being +340M USD into spot ETFs today.
$IBIT AUM increased by +750M but that accounts for appreciation of the assets in the fund.
Another 7000 BTC taken off the market for a long time ⌛️
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@tedtalksmacro
Hey Ted, you know how there's all these phases of the market, like "Disbelief"? For us Aussies, is there a "Struth!" phase? Asking for a friend. 😯
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@tedtalksmacro
Btc went up 5% in the meantime. Netflows should be a bit lower?
Roughly: 5.45- 4.7*1.05=$500mm which is still an insane number
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@tedtalksmacro
Based on the way Larry was talking on CNBC I think they’re pushing it HARD behind the scenes. Love it
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