
April 18th, 2025
The decline in Bitcoin ETF inflows and the record outflow from GBTC suggest a reevaluation of Bitcoin investment strategies among institutional and retail investors.
Big market players continue to remain bullish on Bitcoin, while the world’s largest crypto faces strong selling pressure a day before the FOMC meeting.
Butterfill stated that since the launch of spot Bitcoin ETFs in the US, the average daily demand for Bitcoin has increased to 4500 on trading days, while only approximately 921 new Bitcoin are produced each day.
The company revealed in a blog post that, as of February 29, 2024, GAM was managing a staggering $10.1 billion in assets, marking a substantial 24.8% increase compared to the previous month.
As we are just 3-4 weeks away from Bitcoin halving, BTC price has reportedly entered a danger zone where investors need to be cautious of the upcoming volatility.
Experts believe that with the potential of spot Bitcoin ETFs, this market cap difference might be bridged in the coming decade.
Senators urged the commission to reassess the approval of additional cryptocurrency ETFs, citing potential risks for retail investors.
While the 2023 recovery brought some optimism for cryptocurrencies, they still face significant challenges.
Mow’s optimistic view of Bitcoin’s future is based on several factors that are synchronizing with the cryptocurrency industry.
In addition to the rise of Bitcoin ETFs, the broader cryptocurrency market has seen record inflows, with a CoinShares report indicating that crypto saw inflows of $2.7 billion last week.
JPM Securities emphasized that flows are most likely to increase significantly as ETF approval marks the start of a longer process of capital allocation.
As the second largest Bitcoin ETF, BlackRock’s IBIT closes the gap on Grayscale’s GBTC.
This strategic pivot by Patient Capital Management indicates a broader investment approach, now including all exchange-traded products (ETPs), moving away from its previous exclusive focus on the Grayscale fund.
On March 12, the spot ETFs hit a new record of $1 billion (over $14.7K BTC) in net inflow, with BlackRock’s iShares Bitcoin Trust (IBIT) dominating at $849M.
Fortunately for VanEck, its decision to crash management fees to 0% until next year attracted record inflow for the company.