Bitcoin ETF Volume and USD Flow

Taking a look today at the charts for the top Bitcoin ETF's left me asking one question:

Is all this volume actually investors taking profits?

Looking at the volume for Grayscale (GBTC) and Blackrock (IBIT), the two top performing ETF's recently, we can see that there is a discrepancy.


While the volume is in the billions, the flow of USD is been minimal, and even negative on Grayscales charts.

Am I misinterpreting this? Any clarity would be more than welcome.

Appreciate the excellent dashboard @ante.

https://queries.santiment.net/dashboard/etf-volumes-728

Thanks for reading!

If you enjoyed this insight please leave a like, join discussion in the comments and share it with your friends!

0

Conversations (0)

No comments yet
Be the first to comment

Suggested insights

We are using cookies to improve your experience!

By clicking “Allow all”, you agree to use of all cookies. Visit our Cookies Policy to learn more.

×