đTHE BITCOIN ETF FIRST DAY WAS TERRIBLY UNSUCCESSFUL.đ¤Ł
Most people are reporting that $4,5BN was traded , they are not analyzing the data.
If you look at the numbers you will notice that;
- Total trade was $4,6bn
- GBTC was 50% of that $2,3bn
The GBTC numbers were majority SALES/OUTFLOWS due to the higher fees and the old Bitcoin being locked up.
đTherefore the real numbers were close approximately ZERO new inflows.
Disclaimer:This data is taken from Internal sources just for information not any advised from us
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