US Bitcoin ETFs Daily Netflow Report (As of On January 15, 2025)

On January 15, 2025, the U.S. Bitcoin ETFs experienced a net outflow of 1,013 BTC, contrasting sharply with the 450 new bitcoins mined daily during this period. This scenario indicates that the market activity for these ETFs surpassed the additional supply generated from mining, suggesting strong sell-offs or redistributions among investors.

Breaking down the ETF performances, Grayscale’s GBTC had the most significant net outflow, shedding 960 BTC. This substantial decline could reflect shifts in investor sentiment or portfolio rebalancing within the fund. In contrast, BlackRock’s ARKB ETF showed some resilience with a net inflow of 30 BTC, signaling continued investor interest in specific ETF products.

Bitwise’s Bitcoin ETF (Ticker: BITB) experienced a net decrease of 93 BTC, and Invesco Galaxy’s Bitcoin ETF (Ticker: BTCO) saw a minor net inflow of 14 BTC, while Franklin Templeton’s Bitcoin ETF (Ticker: EZBC) had a small loss of 4 BTC. Notably, other major ETFs like BlackRock’s IBIT, Fidelity’s FBTC, and VanEck’s HODL reported no changes in their holdings.

This day’s data illustrates the dynamic interplay between mining output and ETF movements, highlighting the impact of external market conditions and investor behaviors on Bitcoin ETFs relative to the creation of new coins. The overall outflow exceeding the mined amount indicates a possibly bearish sentiment or strategic adjustments in investor holdings.

Disclaimer: Market capitalizations and data can vary in real-time. The information provided here is intended purely for educational purposes and should not, under any circumstances, be construed as financial advice.

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LATEST: Bloomberg Reports Thailand Considering Approval for Local Bitcoin ETFs

Thailand’s financial regulators are set to enhance cryptocurrency accessibility by potentially allowing bitcoin exchange-traded funds (ETFs) to list on local exchanges. Secretary-General of the Securities and Exchange Commission, Pornanong Budsaratragoon, revealed plans to enable both individual and institutional investors to engage with local bitcoin ETFs, offering direct bitcoin exposure.

Earlier actions by Thailand’s SEC included approving asset management firms to invest in U.S. spot bitcoin ETFs for institutional investors in March 2024, followed by the launch of a fund-of-funds by One Asset Management in June, targeting professional and institutional investors for overseas bitcoin ETF exposure. Budsaratragoon emphasized the necessity for Thailand to align with global cryptocurrency adoption trends, ensuring investor protections while diversifying investment options in crypto assets.

This progressive stance follows Binance’s partnership with Gulf Innova in January 2024, introducing Gulf Binance to offer cryptocurrency exchange services in Thailand, underscoring the nation’s commitment to becoming a hub for crypto innovation and investment.

Bloomberg

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Everyone has their own unique sense of style, but if you are wearing Bitcoin merch like the shirt in the X post below out in public — you should probably stop doing so.

This Bitcoin shirt is cringe as fuck.Have fun getting 7 dollar wrench attacked. pic.twitter.com/zRlT2CFrIg

— Breadman (@BTCBreadMan) January 11, 2025

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This is a segment from the Forward Guidance newsletter. To read full editions, subscribe.

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This is a segment from the Forward Guidance newsletter. To read full editions, subscribe.

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