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Replying to Avatar therationalroot

Giant GBTC outflows, 9.5k #BTC.

Since ETF approval, 250,000 BTC have flowed out of Grayscale. This substantial sell pressure was mostly offset by other ETFs' inflows. We were overdue for a pullback, and yesterday, and likely today, outflows are in charge.

Nonetheless, large inflows to BlackRock!

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Peris 1y ago

Interesting to see the change in purchasing volume from Fidelity… 🤔

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