cryptd.in

암호화폐 친화적인 인재를 위한 대체 링크드인

Here’s Why BlackRock’s Bitcoin ETF Buys When Others Are Selling

-

by

cryptd.in
in

The BlackRock iShares Bitcoin Trust (IBIT) has seen nearly $65 billion in aggregate inflows since its launch, surpassing the total inflows of all its competitors combined.

The fund often buys when all others are at zero flows or selling, such as on Wednesday, when it purchased 3,510 BTC, while all other funds, aside from Bitwise, bought nothing.

There are a few reasons for this, as explained by Arkham Intelligence.

Firstly, BlackRock’s “brand image and reputation attract flows for Bitcoin,” which has accelerated their flagship crypto ETF to almost $100 billion in assets under management, it stated.

IBIT Bought 18,000 BTC So Far This Week

Secondly, BlackRock’s ETF, the firm’s highest revenue-generating fund, has a significantly lower management fee than the previous market leader, Grayscale’s GBTC. This has lead to a “slow but steady arbitrage of assets flowing out of GBTC and into IBIT.”

Grayscale’s Bitcoin Trust has seen a whopping $24 billion in outflows since spot Bitcoin ETFs launched in the US in January 2024. However, $1.9 billion of this has also gone into its lower-fee Mini Bitcoin Trust.

Finally, it is possible that “BlackRock also reports its ETF flows on a “T+1 basis” relative to other ETFs, said Arkham researchers.

This means that if there are large flows for Monday, but limited or negative flows on Tuesday, BlackRock may appear to be buying “more” because it may be reporting its Monday flows a day after, on Tuesday.

IBIT has seen a whopping $2.3 billion, or 18,590 BTC, in inflows so far this week, which is more than 90% of the total inflow for all spot BTC ETFs over the same three-day period.

ETF expert Nate Geraci commented on Thursday that six of the top eight ETF issuers still have no spot crypto ETF presence. These include Vanguard, State Street, Schwab, JPMorgan, Dimensional, and First Trust.

“Wild how top issuers basically ceded category to BlackRock. Doesn’t make sense IMO.”

ETF News This Week

Bitwise filed an update to its Solana ETF on Wednesday, which includes staking in the name and provides the fee, at 0.20%, according to Bloomberg analyst James Seyffart.

“Low fees have near perfect record of attracting investors, so good sign for inflow potential,” commented fellow analyst Eric Balchunas.

There was also a new bunch of “stacked” ETFs filed this week, added Seyffart. These will use futures to provide exposure to two assets or strategies, and all but one are Bitcoin, crypto, gold or digital asset treasury related.

게시물 Here’s Why BlackRock’s Bitcoin ETF Buys When Others Are Selling 에 처음 등장 크립토포테이토.

댓글

답글 남기기

이메일 주소는 공개되지 않습니다. 필수 필드는 *로 표시됩니다

최신 피드

인기 카테고리

ko_KR 한국어
ko_KR 한국어 en_US English ro_RO Română et Eesti ja 日本語 ru_RU Русский de_DE Deutsch es_ES Español zh_CN 简体中文 fr_FR Français zh_TW 繁體中文 pt_PT Português it_IT Italiano pl_PL Polski tr_TR Türkçe nl_NL Nederlands id_ID Bahasa Indonesia el Ελληνικά uk Українська bg_BG Български cs_CZ Čeština fi Suomi hu_HU Magyar lv Latviešu valoda lt_LT Lietuvių kalba nb_NO Norsk bokmål sk_SK Slovenčina sl_SI Slovenščina sv_SE Svenska

웹사이트 검색

인기 스토리

태그

#AlexeyPertsev (1) #BidenCryptoBan (1) #BidenElection (1) #BinanceVsCoinbase (1) #B비트코인 (435) #BitcoinETF (3) #B비트코인기초 (1) #B비트코인 취급 (1) #B비트코인가격 (5) #B비트코인가격수준 (1) #B비트코인펌프 (1) #B비트코인예치 (1) #B비트코인서지 (1) #BitcoinTop (1) #Bitfinex (1) #B비트 단위 (1) #브레이스브리지캐피털 (1) #BRC20토큰 (1) #BTC취득 (1) #B울리스틱 예측 (1) #BullishSentiment (1) #C중국광업 (1) #CPIP리뷰 (1) #CryptoAsset (2) #CryptoBattle (1) #CryptoBoom (1) #CryptoExpert (1) #CryptoInsights (1) #CryptoMania (1) #CryptoMarket (4) #CryptoPrediction (1) #CryptoPredictions (1) #CryptoRegulation (2) #CryptoTakeoff (1) #CryptoTiming (1) #CryptoTips (1) #CryptoTreasury (1) #CryptoUncertainty (1) #DerivativeJump (1) #Dogecoin (73) #DogecoinGains (1) #DogecoinVolume (1) #DutchCourt (2) #ECommerce (1) 1TP5테엘살바도르비트코인 (1) 1TP5테더리움 (69) 1TP5테더리움통증 (1) 1TP5테더리움가격 (1) 1TP5전문가 의견 (1) #FedRateCut (1) #FiatCurrency (1) #FinancialImpact (1) #FinancialPrivacy (1) #FirmShutdown (1) #FrozenAccounts (1) #IllicitFunds (1) #인플레이션데이터 (1) #투자 (1) #투자손실 (1) #일본기업 (1) #LegalAction (1) #LegalImpact (1) #법률 (1) #라이트닝 네트워크 (1) 1TP5시장분석 (3) 1TP5시장 모니터링 (1) 1TP5시장 예측 (1) 1TP5시장 예측 (1) #MarketProjection (1) 1TP5마켓지원 (1) 1TP5시장변동성 (1) #M결혼 (1) #MemeCoin (5) #MemeCoins (2) #M광부수익성 (1) #MoneyLaundering (2) #MtGox (4) 1TP5북한암호화 (1) 1TP5노보그라츠예측 (1) #P가격 마일스톤 (1) #P가격 예측 (2) #P가격 질문 (1) #PriceSurge (1) #P형량 (1) #QuantAnalysis (1) 1TP5규제압력 (1) #SEC안티크립토 (1) #ShibaInu (5) #SocialBuzz (1) 1TP5기술분석 (1) #Toncoin (3) #TornadoCash (3) #TornadoCashDev (1) 1TP5토네이도캐시개발자 (1) #UKCrypto (1) #업사이드 잠재력 (1) #USCongress (1) #와이오밍랜드 (1) #XRP가격 (1) #XRP업스윙 (1)

유용한 링크

유용하다고 생각되어 공유하고 싶은 링크.