Most of bitcoin’s rally in 2024 roughly came from mid-February to mid-March. It was during this time that the spot ETFs were regularly adding 5,000-13,000 bitcoin each day, even with sizable selling by Grayscale’s GBTC. The action since, however, has seen big sales of bitcoin continuing at GBTC, while purchases into the other ETFs have slowed. On many days, net flows into the spot ETF group as a whole have turned negative.
- SEO Powered Content & PR Distribution. Get Amplified Today.
- PlatoData.Network Vertical Generative Ai. Empower Yourself. Access Here.
- PlatoAiStream. Web3 Intelligence. Knowledge Amplified. Access Here.
- PlatoESG. Carbon, CleanTech, Energy, Environment, Solar, Waste Management. Access Here.
- PlatoHealth. Biotech and Clinical Trials Intelligence. Access Here.
- Source: https://www.coindesk.com/markets/2024/04/03/choppy-bitcoin-price-action-continues-ahead-of-fridays-jobs-report/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
- :has
- 000
- 2024
- 5
- a
- Action
- adding
- ahead
- AS
- At
- Big
- Bitcoin
- Bitcoin Price
- by
- came
- Coindesk
- continues
- continuing
- day
- Days
- during
- each
- ETF
- ETFs
- Even
- Flows
- Friday
- from
- GBTC
- Grayscale
- Group
- Have
- However
- HTTPS
- images
- in
- into
- IT
- Jobs
- jobs report
- jpeg
- many
- negative
- net
- of
- on
- Other
- plato
- Plato Data Intelligence
- PlatoData
- price
- PRICE ACTION
- purchases
- rally
- regularly
- report
- roughly
- s
- sales
- seen
- Selling
- since
- sizable
- slowed
- Spot
- spot etf
- that
- The
- this
- time
- to
- Turned
- was
- were
- while
- whole
- with
- zephyrnet
More from CoinDesk
FTX Employees Were Encouraged to Keep Life Savings in the Now-Bankrupt Exchange, Sources Say
Source Node: 1756720
Time Stamp: Nov 16, 2022
First Mover Americas: Bitcoin in Stasis Ahead of Powell Speech; Coinbase's cbETH Trades At Discount to Ether
Source Node: 1643646
Time Stamp: Aug 26, 2022
Bitcoin, Crypto-Linked Equities Bounce as Binance/FTX Deal Stems Panic
Source Node: 1748755
Time Stamp: Nov 8, 2022
Bitcoin Miners Reap Windfall as ‘Runes’ Debut Sends Transaction Fees to Record Highs
Source Node: 2553330
Time Stamp: Apr 21, 2024
DeFi Protocol Balancer Says Web Front End Is ‘Under Attack’
Source Node: 2281147
Time Stamp: Sep 20, 2023
Crypto Startups Are Increasingly Postponing Token Launch as Alameda Research’s Contagion Effects Linger On
Source Node: 1961069
Time Stamp: Feb 16, 2023
Terra-Victim Invictus Capital Defaults on $1M TrueFi Loan
Source Node: 1733404
Time Stamp: Nov 1, 2022
The Psychology of Failure and Its Meaning for Web3 Games
Source Node: 2199461
Time Stamp: Aug 4, 2023
Crypto Asset Manager Valkyrie Lost the Biggest Investor in Its $11M Funding Round
Source Node: 1726224
Time Stamp: Oct 19, 2022
‘End the Extortion:’ BlockFi Creditors File to Liquidate Estate
Source Node: 2150089
Time Stamp: Jun 28, 2023
Circle’s Detailed Reserve Report Shows Only Cash, Short-Term Treasurys Back USDC Stablecoin
Source Node: 1576751
Time Stamp: Jul 14, 2022