$750M In, $740M Out: A Flat Week for $BTC ETFs
Spot Bitcoin ETFs ended the week up just 170 BTC.
> Monday: +2.08K BTC
> Tuesday: -5.76K BTC
> Wednesday: -3.91K BTC
> Thursday: +2.09K BTC
> Friday: +5.67K BTC
The Fed met on Tuesday and Wednesday. Funds took out 9.67K BTC on those two days.
After the decision they bought it all back. Thursday and Friday brought in 7.76K BTC, and Friday alone was $433M.
FBTC bought 4.07K BTC on Friday, more than IBIT's 1.42K. That doesn't happen often.
Total assets are now at $98.80B, still under $100B.
The weekly number looks flat but the funds didn't stop buying. They just waited for the Fed.
Does the buying keep going next week? đ
Spot Bitcoin ETFs ended the week up just 170 BTC.
> Monday: +2.08K BTC
> Tuesday: -5.76K BTC
> Wednesday: -3.91K BTC
> Thursday: +2.09K BTC
> Friday: +5.67K BTC
The Fed met on Tuesday and Wednesday. Funds took out 9.67K BTC on those two days.
After the decision they bought it all back. Thursday and Friday brought in 7.76K BTC, and Friday alone was $433M.
FBTC bought 4.07K BTC on Friday, more than IBIT's 1.42K. That doesn't happen often.
Total assets are now at $98.80B, still under $100B.
The weekly number looks flat but the funds didn't stop buying. They just waited for the Fed.
Does the buying keep going next week? đ
