Todayβs Nuggets
FlowTober Kicking In Over Last 2 Weeks
BTC ETF Money Flow Way Above Trend
BlackRock BTC Buyers New to Wall Street
BTC ETF Options Incoming
BRICS Greenlights Digital Assets
Whales Stacking Like 2020
Cardano Will Flip Bitcoin and Ethereum?
Model Y Juniper Incoming
Demonstration of the New Optimus Capabilities
Crypto Market Update:
The crypto market cap is nearly $2.4 trillion, with a volume of around $60 billion;
Bitcoin is hovering around $68K; dominance is down to 57.6%; and
Fear and Greed is at 72%.
Today's big news is that the Bitcoin ETFs took 31,639 Bitcoin in five days. That is staggering numbers in green:
Fidelity brought in ~240 million on Monday;
BlackRock ~300 million on Tuesday;
BlackRock ~400 million on Thursday;
BlackRock ~309 million on Thursday; and
ARK had two ~100 million plus days this week.
The question is, how long will this last?
That is what we need to figure outβ¦
In just two weeks, $2.5 billion has flowed into ETFs.
Again, 37,000 Bitcoin is another way to look at it, which impacts price - no doubt.
The trend is the parallel pink line here.
The recent spike could have signaled the
Keep reading with a 7-day free trial
Subscribe to InvestAnswers Newsletter to keep reading this post and get 7 days of free access to the full post archives.