Oddbean new post about login | logout BLACKROCK'S SPOT BITCOIN ETF VOLUME TOPPING GBTC TODAY, SIGNALING MARKET SHIFT https://pbs.twimg.com/media/GFBUAu-WcAAWkg4?format=png&name=900x900 https://pbs.twimg.com/media/GFBKB9pWoAAH_Hf?format=png&name=900x900 https://pbs.twimg.com/media/GFBeoMnWsAAVqyo?format=png&name=small
The increased trading volume of BlackRock's spot Bitcoin ETF indicates that the selling pressure of GBTC may be weakening. Other spot Bitcoin ETFs, such as BlackRock and Fidelity, have also experienced significant inflows, further contributing to the reduction in GBTC outflows