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!
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