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 Net weekly inflow: 845M

Total inflows: 12.1B

4 day trading week, managed to bounce back from outflows last week. GBTC outflows continue w daily average of 241M vs 400M daily average last week. 

Other news:

Swiss citizens w a 3A pension plan (25.3B AUM) have access and can now allocate up to 5% of their portfolio to Blackrock's btc ETF.  

London Stock Exchange (3.1T) is launching their equivalent of a btc ETF on May 28th but will only available to "professional investors" at the time of launch. I'm assuming that it will be rolled out to retail eventually. One of the US btc ETF providers spoke w investors/fund managers in the UK and gauged that demand for the product is minimal at the moment but optimistic on a longer time horizon. 

Starting in April until mid May funds managing >100M will have to disclose their positions through 13F filings. Although just a snapshot in time it will give the market a view of whether there are any large players allocated to any of the btc ETFs. Reminder that even if the plumbing and ease of access to the ETFs are in place it does not mean that capital will come through the door. This will mostly be the job of  marketing and education from ETF providers to fund managers and down the chain to  individual advisors. There is still a good amount of career risk in recommending allocation to btc which has been decreasing since approvals of the ETF and could drop dramatically if the 13Fs reveal some large institutional household names. 

WisdomTree (100B AUM) one of the btc ETF providers was approved to allocate to btc in two of their funds totaling 320M. Even the ETF providers themselves have to go through proper due diligence and filings to allocate to their own product to funds they manage.
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