Other Coins - Price & Trading topic

AUM held in new spot ETF’s is now at $17.9819 billion through day 32 or ~315.55k BTC. This figure includes up to $7.5910 billion in cumulative outflows from GBTC so far. Average daily AUM entering new spot ETF’s is now $561.93 million with average inflows of $447.41 million or ~9.86k BTC. Yesterday average daily AUM was at $532.64 million with average inflows of $435.34 million or ~9.78k BTC.

The difference between average daily AUM and average daily inflows is currently 25.6%. For every $1 coming into spot ETF’s, AUM is increasing at a rate of $1.256.

Fund managers who have a spot ETF have cumulative AUM of ~$17 trillion. $17.9819 billion is 0.106% of their total AUM. At current pace it would take fund managers 303 trading days to reach a 1% allocation into BTC. There are 252 trading days in a year.

Put in another context, at GBTC’s peak they held 655.75k BTC in their trust. It took GBTC 7.5 years to build that position. New spot ETF’s have accumulated 48.1% of that amount of BTC over the span of 32 trading days.

5 Likes

Mind blowing numbers, if the stock to flow holds it says $500k this cycle, hard to wrap my head around that, yet so far it has been pretty good.

7 Likes

What a conservative options :slight_smile:
Anyway the final ATH of this bull run should be during next winter season.

3 Likes

Yeah I could have added a couple more but laziness got the better of me so I cheated with 150k or more.

Yet 40% are going with 100 to 150 so…

2 Likes

Bitcoin broke a new ATH in Australia 100k.
@neo is at the Lambo store :laughing:

8 Likes

I would be if I had some

7 Likes

Are we in the bull market yet :rofl:

1 Like

bitcoin is just a black :hole: in the SAFE universe, slurping up all fiat information, if all :ghost: well this blackhole will also have Hawking radiation… :crazy_face:

5 Likes

Last promotion before Bitcoin over 100k:


Privacy. Security. Freedom

1 Like

Meanwhile my holdings in civic coin appear to be going up in smoke. I should have sold the last time this garbage went parabolic.

1 Like

Btc 61k. Grab the bull by the horns :rofl:

Might see a little lower
We still have this.

https://bitcoinmagazine.com/markets/us-government-preparing-to-sell-30000-silk-road-bitcoin-on-chain-data-shows

When we just had / are having this.

2 Likes

And of course amplified by the bots selling to protect margins and also weaker hands selling

1 Like

And MtGox selling too I think. This is bullish, once they stop.

1 Like

“We finally have a monetary system governed by rules, not rulers”

Those who are lead by gold and silver, always have a better financial outcome… :rofl:

The only solution to ‘currency’ with borders is “money” with no borders… :kissing_heart: