GBTC had a net outflow of approximately US$131 million yesterday, and BlackRock IBIT had a net inflow of approximately US$680 million.
BitMEX Research data, Grayscale Bitcoin Trust (GBTC) saw a net outflow of approximately $131 million on February 14th, while BlackRock's Bitcoin ETF (IBIT) saw a net inflow of approximately $680 million.
Grayscale: As of February 13, GBTC holdings decreased by 1,912 BTC compared with the previous day.
The official update of the Grayscale Bitcoin ETF holdings data shows that as of February 13th, GBTC holds 463,475.4355 bitcoins, a decrease of about 1912 bitcoins from the previous day. In addition, GBTC's asset management scale (non-GAAP) has decreased to $22,907,018,487.04, and the circulating shares have decreased to 518,980,100.
Grayscale transferred 1,500 BTC to the Coinbase Prime address and 2,276.6 BTC to the new address
According to Arkham data on February 8th, Grayscale transferred 1500.6 BTC worth approximately $67.7 million to the Coinbase Prime Deposit address 20 minutes ago. They also transferred 2276.6 BTC to a new address, which may be a new custody address for Grayscale.
JP Morgan analyst: If Grayscale does not reduce GBTC management fees, it may lead to further capital outflows
Morgan Stanley analysts stated in a recent report that if Grayscale does not effectively reduce fees, more funds may flow out of GBTC. BlackRock charges only 0.12% in fees, Fidelity charges 0.25%, Cathie Wood's Ark Invest fund currently has no fees and will rise to 0.21% after six months, while Grayscale GBTC's management fee is 1.5%. The report shows that Grayscale's current difficulties are not limited to fees, as the difference between GBTC's stock price and the net asset value per share at the close, as well as the "Hui-Heubel liquidity ratio" representing market breadth, are both behind BlackRock and Fidelity.
The grayscale address transferred approximately 3932.57 BTC 8 minutes ago
As monitored by Arkham, about 8 minutes ago, approximately 3,932.57 BTC were transferred out of a Grayscale address, of which about 2,170.57 BTC were transferred to Coinbase Prime and the remaining 1,762 BTC were transferred to two new addresses.
Grayscale address transferred approximately 2630.29 BTC
As monitored by Arkham, about 10 minutes ago, approximately 2,630.29 BTC were transferred out of a Grayscale address, of which about 900 BTC (approximately $39.08 million) were transferred to Coinbase Prime, and the remaining approximately 1,730.08 BTC (approximately $75.13 million) were distributed to two new addresses.
GBTC’s total outflow in the first 15 trading days was US$5.832 billion
BitMEX Research released Bitcoin spot ETF trading data on social media platforms. GBTC had a total outflow of 140,195 bitcoins in the first 15 trading days, equivalent to approximately 5.832 billion US dollars.
Grayscale has transferred 6,582 BTC today and still holds 492,000 BTC
Blockchain analyst @ai_9684xtpa monitored data showing that 10 minutes ago, Grayscale transferred 6,271 BTC worth $266 million to Coinbase Prime address and two other wallets. Combined with the portion transferred to Flow Traders in the afternoon, a total of 6,582 BTC was transferred today. Currently, Grayscale still holds 492,000 BTC with a total value of $20.9 billion.
Grayscale transferred approximately 7963.56 BTC to the Coinbase Prime address
Arkham monitoring shows that 20 minutes ago, Grayscale transferred 7,963.56 BTC worth approximately $341 million to Coinbase Prime address. Of these, 5,281.11 BTC (approximately $226 million) were distributed to 6 new addresses and are expected to be transferred to the exchange later.
BitMEX Research: Grayscale GBTC’s net outflow exceeded 130,000 BTC on the 13th trading day
According to BitMEX Research data, 10 Bitcoin spot ETFs had a net inflow of 5689.9 BTC yesterday, and a cumulative net inflow of 27,339.7 BTC over 13 trading days. Grayscale GBTC had a net outflow of 5068 BTC yesterday, and a cumulative net outflow of 131,549.7 BTC over 13 trading days. BlackRock's Bitcoin spot ETF (IBIT) had a net inflow of 6870.3 BTC yesterday, and a cumulative net inflow of 63,409.5 BTC over 13 trading days. Bitwise Bitcoin spot ETF (BITB) had a net inflow of 502.4 BTC yesterday, and a cumulative net inflow of 14,556.3 BTC over 13 trading days. ARK Bitcoin spot ETF (ARKB) had a net inflow of 385.6 BTC yesterday, and a cumulative net inflow of 14,979.3 BTC over 13 trading days.
![[Important Space Preview] Fed buys BTC? RWA is subverting the global capital game](https://img.cointime.com/images/ampVe0zoCZHmS2UV1UCNz7fkgtNHtgcM7fTUdj4T.jpg)
