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Market
Proportion of US Bitcoin ETFs vs. US Gold ETFs by end of 2024
5
Resolution / Starting Odds
Below 60% • 33%
60% to 74% • 34%
75% or above • 33%
Public financial reports and market analysis
Story
BlackRock's Bitcoin ETF Holds $18B, Ends 71-Day Inflow Streak, Nears GBTC
Apr 25, 2024, 10:50 AM
BlackRock's Bitcoin ETF has recently achieved significant milestones, holding 273,596 BTC worth approximately $18 billion, surpassing MicroStrategy's holdings by 59,350 BTC. The ETF reached the same level of assets under management as the Gold ETF in just 71 days, a feat that took the latter 808 days. However, after a period of consistent inflows, the ETF experienced its first day with $0 inflows, ending a 71-day streak of positive inflows. This shift occurs as the ETF is just 30,000 BTC away from surpassing GBTC's holdings. Meanwhile, overall US Bitcoin ETFs now account for 55.8% of the size of US Gold ETFs, with a total AUM of $58.3 billion. Notably, BlackRock bought 571 BTC yesterday, while 450 Bitcoin are mined per day.
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Similar markets
0-10% • 25%
11-20% • 25%
21-30% • 25%
More than 30% • 25%
Less than 5% • 33%
5% to 10% • 33%
More than 10% • 34%
Above 500,000 BTC • 25%
Between 400,000 and 500,000 BTC • 25%
Between 300,000 and 400,000 BTC • 25%
Below 300,000 BTC • 25%
BlackRock's IBIT • 40%
Grayscale's GBTC • 30%
Fidelity's Bitcoin ETF • 20%
Other • 10%
Below $5 billion • 25%
$5 billion - $10 billion • 25%
$10 billion - $15 billion • 25%
Above $15 billion • 25%
Increase significantly • 25%
Remain stable • 25%
Decrease slightly • 25%
Decrease significantly • 25%
Surpass $50 billion • 33%
Between $37 billion and $50 billion • 34%
Remain below $37 billion • 33%
BlackRock's iShares Bitcoin Trust • 33%
Fidelity's Bitcoin Trust • 33%
Other • 33%