Bitcoin Whales

Bitcoin Faces GBTC Outflow Concerns & Carry Trade Gains Pressure
Bitcoin

Bitcoin Faces GBTC Outflow Concerns & Carry Trade Gains Pressure

Bitcoin price has fallen since Bitcoin ETFs were approved. This week, we assess the claims behind fear, uncertainty, and doubt (FUD), pointing to the Grayscale Bitcoin ETF. We analyze aggregate ETF flows while considering the increased holdings by BTC whales and underreported factors possibly dragging the market. Since the launch of spot ETFs, market observers […]

Jan. 27, 2024