News about ETF, bitcoin, and SEC

Traders are bored as Bitcoin price fights rejection from $72,000, but most analysts say ETF inflows will send $BTC into price discovery. pic.twitter.com/BlAXqU5dGs

Crypto traders answer the burning question: why isn't $BTC's price moving despite significant inflows into Bitcoin ETFs? Via @CointelegraphMT pic.twitter.com/BnSjzhbdsc

First physical gold ETF (GLD) launched nearly *20yrs* ago… In *5mos*, spot bitcoin ETFs already have nearly 60% AUM of gold ETFs. Gold ETFs = $105bil Spot btc ETFs = $61bil Consider this your spot btc ETF stat of the day.

iShares Bitcoin ETF took in nearly *$1bil* this week… Spot bitcoin ETFs altogether took in about *$2bil*. I don’t think people appreciate how ridiculous this is. Especially for a product that I was told nobody wanted. Now a $60bil ETF category. In 5mos. “No demand.”