SQRR

Thought you may want to check out the last week's US Spot Bitcoin ETF action. Our weekly #VizPack offers you a quick summary. Welcome you to check it out. ❎ Election Bonanza! 🌆 --------------------------- ⏹ It was a historic week for the markets as the US presidential elections concluded with a significant victory for the Republican Party. Following this victory, the Federal Reserve implemented a 25 basis points rate cut. The market responded aggressively to these developments, resulting in sharp price increases. A similar strong trend was observed in the US Spot Bitcoin ETFs segment as well. ⏹ The first two days of the week were marked by significant uncertainty regarding the outcome of the elections. As a result, there were ~$658 million in net outflows from ETFs during that period. However, once the election winner was known, the remainder of the week saw a substantial increase in investment, resulting in ~$2.3 billion in net inflows. By the end of the week, total net inflows reached ~$1.63 billion. On the 7th, ETFs experienced their highest-ever net inflows, amounting to ~$1.37 billion, with ~$1.12 billion coming from IBIT. ⏹ The total assets under management of all funds reached an all-time high of ~$78.4 billion, growing at ~10.71% week-over-week. ⏹The total trading volume of ETF shares has seen a slight increase of 3% week-over-week, reaching approximately ~$16.38 billion. The 7-day moving average of the trading volume has risen to around $3 billion since the end of the elections. IBIT has dominated this trading volume, which may continue with the introduction of IBIT Options Thank you. ~nfa~

Our weekly #VizPack - US Spot Bitcoin ETFs ❎ Run up to elections! ✍🏻 ------------------------------ 🌆 Last week was one of the strongest weeks for Bitcoin ETFs in months. With elections approaching, market participants were positioning themselves for a potential movement in prices. Additionally, the upcoming FOMC meeting is expected to lead to a 25 basis point cut. November is shaping up to be an interesting month. 🌆 In the week ending November 1, 2024, ETFs experienced total net inflows of ~$2.22 billion, with the majority coming from IBIT, which contributed ~$2.15 billion in net inflows during that period. Since its inception, the total net inflows have surpassed ~$24.23 billion to all funds. 🌆 The total assets under management (AUM) across all funds increased to approximately ~$70.83 billion by the end of the week, reflecting a 7.43% rise from the previous week. Notably, the total Bitcoin holdings held by ETFs surpassed 1 million BTC, accounting for about 5% of the total current Bitcoin supply. 🌆 The total trading volume of ETF shares increased by 75% week-over-week to ~$15.84 billion, marking a 28-week high. Notably, IBIT accounted for 68% of this turnover, with a weekly turnover of ~$10.72 billion. Thank you. ~nfa~

Most of our Stamps friends were wondering whether the October 2024 Release was not forthcoming. Well, worry no more, the report is avaialble on our website (Link in the comments). 🌆 Summary from the October 2024 Release 🧵 ----------------------------------------------------- ⏹ The number of Bitcoin transactions related to Stamps experienced a relative slowdown in September. However, aside from the decline in transactions, it is noted that the ecosystem made progress in terms of improvements and community activity, as discussed in this update report. ⏹ In the month, there were 37,234 transactions related to Stamps, with the majority being SRC-20 'TRANSFER' operations. The total number of Stamps transactions has now surpassed 750,000. ⏹ Stampers have now paid Bitcoin miners over $10 million in transaction fees. The OLGA-Stamps mints have also surpassed the 5,000 mark, reaching 5,109 by the end of the month. Thank you.

From our weekly #VizPack - US ETH ETF metrics for week ending 25 October 2024. 🐌 Slow Go! ⁉ ----------------- ⏹ The performance of US ETH ETFs has remained disappointing, even though the previous week was positive. All metrics for the funds were negative, and it seemed that participants were becoming increasingly nervous as the US elections approached. Additionally, the upcoming FOMC meeting is adding to the uncertainty. Will there be any positive momentum following these events? Let's watch closely. ⏹ ETH ETF flows remain relatively smaller compared to BTC ETFs. In the past week, there were net outflows of ~$24.47 million, bringing the total net outflows to $504.35 million. ETHE continued to decline, with net outflows of ~$56.4 million for the week, surpassing ~$3 billion in net outflows since conversion. Interestingly, FETH reached over ~$500 million in total inflows by the end of the week. ⏹ The total assets under management (AUM) fell below $7 billion, reaching approximately ~$6.84 billion by the end of the week. The AUM declined by 6.9% week-over-week, but it is only slightly lower by 2% for the month to date. ⏹ The total weekly trading volume also decreased week-over-week by 8.52% to ~755 million. Thank you. ~nfa~

Our weekly #VizPack - US Spot Bitcoin ETFs (week ending 04 October 2024) 🤔 Not like Uptober? 📊 🌆 The crypto markets were unable to maintain the gains from the previous week. Bitcoin (BTC) decreased by approximately 6% on a week-over-week basis. The performance of BTC exchange-traded funds (ETFs) also reflected a subdued trend across key metrics. Currently, it appears that uncertainty surrounding potential interest rate cuts, the US elections, and geopolitical risks is significantly influencing market participant behavior. It will be interesting to see how the situation unfolds as we progress further into October. 🌆 The net outflows in the past week amounted to ~$273.85 million. Only two funds, IBIT and BTCO, had net inflows of ~$135.21 million and ~$2.4 million respectively. All other funds either had no flows or experienced net outflows. ARKB and FBTC were responsible for most of the net outflows, with ~$206.42 million and ~$138.88 million respectively. 🌆 The total assets under management (AUM) of the funds fell to ~$56.34 billion by the end of the week, representing a 6.19% decrease from the previous week. 🌆 The total trading volume increased by 10% to ~$7.85 billion in the week compared to the previous week. This increased volume could be a reflection of panic among some participants. Monthly Summary - September 2024 ----------------------------------------- 🌆 In September, all funds brought in ~$1.26 billion in net inflows, surpassing ~$18 billion. Since their launch, IBIT and BTCW have maintained the record for consecutive monthly net inflows. On the other hand, GBTC has consistently experienced monthly net outflows since its launch. However, the outflows have significantly slowed, with September marking the lowest net outflow month at $238.72 million. 🌆 The price of BTC increased by 6% (in September), but ETF traders were less active than in previous months. The total trading volume for the month was the lowest since the beginning, at ~$29 billion (excluding January, which does not represent a full month of trading). Thank you. ~nfa~

For those who missed it, here's our weekly #VizPack - US Spot ETH ETFs. A quick digest with #data #visualizations. (as of 04 October 2024) [US Spot Bitcoin ETFs will follow this post] 🔼 Keeps oscillating! 🔽 ⁉ ETH ETFs failed to maintain the positive momentum from the previous week as the ETH lost almost all its gains from the last week. It appears that the markets responded to US labor data and heightened geopolitical risks. ⁉ The week ended with a total net outflow of ~$30.7 million, mainly due to the usual contributor, ETHE. ETHE recorded ~$66.75 million in net outflows, bringing the total outflows closer to the $3 billion mark. Interestingly, ETHA had another strong week with $56 million in net inflows. FETH drifted away from the $500 million total inflows as it witnessed net outflows of ~$26 million. ⁉ The total assets under management (AUM) for the funds decreased by 10.5% compared to the previous week, reaching ~$6.65 billion by the end of the week. ⁉ The total weekly trading volume also decreased by 8.77% to ~895 million. Monthly Summary - September 2024 ----------------------------------------- ⁉ In September, there were net outflows totaling $32 million across all funds. ETHE experienced net outflows of $332 million, continuing the trend but at a lower level compared to previous months. All other funds saw net inflows, with the exception of EZET, which did not record any flows for the month. ⁉ The trading activity in the secondary market was notably subdued compared to previous months. In the month, the total trading volume experienced a significant 37% decline, amounting to $3.3 billion. Thank you. ~nfa~

Now the US Spot Bitcoin ETF charts. 📊 Stimuli Everywhere! 👇🏻 ---------------------- 🌆 The market reacted positively to the news from China's central bank last week. The stimulus package introduced by the China central bank has been considered the largest since the beginning of the pandemic. There was increased activity in the derivatives market as participants became more willing to take on risk. The Bitcoin ETF segment also had a strong week, building on the previous week's activity. 🌆 During the past week, US Spot Bitcoin ETFs achieved ~$1.11 billion in net inflows, marking the first time in 10 weeks that they have reached a billion dollars in net inflows. IBIT regained dominance after being less active for over a month, recording nearly $500 million in net inflows for the week. Additionally, ARKB and FBTC together contributed ~$476 million to the flows. GBTC has managed to decrease net outflows, with weekly net outflows averaging ~$26 million over the last three weeks. Overall, the total net inflows to all funds reached a record high of ~$18.8 billion. 🌆 The total AUM of funds returned to ~$60 billion after remaining below that level for almost two months. IBIT ended the week at ~$23.7 billion in AUM, achieving an all-time high. 🌆 Despite showing strength in other metrics, the weekly trading volume did not improve but remained consistent with recent average levels. The total volume experienced a slight decline to ~$7.14 billion week-over-week, marking a 3% decrease. This could ndicate that market participants still feel anxious about the price action. Thank you. ~NFA~ #data #visualizations #analytics

Hello all! It's time we share our weekly #VizPacks and here's the first one. How did the US Spot ETH ETFs perform in the past week. Intererestingly, it was the first positive week after a while. We invite you to check it out here. 😔 Finally, Something! 🤔 ------------------------- 🛣 Like Bitcoin ETFs, the US Spot ETH ETFs have displayed positive trends across several key metrics. However, it's hard to believe that this reflects a reversal of trends, especially considering ETH's recent market underperformance and the heightened negativity surrounding Ethereum's role and future sustainability as a dominant Layer-1. Nevertheless, it's important to note that sentiments can change, and this time may be no different. 🛣 ETH ETFs experienced net inflows for the second week since its launch on July 22, 2024. The first weekly net inflows were observed in the week ending August 9, 2024. Following that, these funds did not achieve net inflows until the most recent week, during which ~$85 million in net inflows were recorded. ETHA and FETH were the significant contributors, with ~$95.37 million and ~$64.91 million, respectively. Notably, ETHA surpassed ~$1.15 billion in net inflows since its inception. Conversely, ETHE continued to experience capital outflows, with ~$127.25 million in the week, bringing the total net outflows to ~$2.9 billion since its inception. 🛣 The total assets under management (AUM) increased by 7.45% to $7.43 billion. AUM has experienced three consecutive weeks of growth. 🛣 The total weekly trading volume was approximately ~$981 million, and the total trading volume since inception had exceeded ~$14 billion by the end of the week. Thank you. ~NFA~

You are welcome to check out the Weekly #charts #visualizations for US Spot Bitcoin ETFs, the SQRR weekly #VizPack. Some interpretations of the Spot Bitcoin ETF #data are as follows: 👉🏻 IBIT's lack of movement may suggest that capital allocators are exercising caution and may require stronger confirmation or a catalyst to ensure that the rally is not a false signal. Will have to wait for data from current month to see if this changes. 👉🏻 The flows to other funds, especially ARKB and FBTC, seem to indicate a return of capital that exited in August, possibly to take advantage of the carry trade. 👉🏻 BITB, on the other hand, was absorbing the Osprey BTC funds, which does not represent entirely new flows (assuming the flows are representing the swap). 👉🏻 The net outflows in the past week from GBTC are nearly equivalent to the net inflows to BTC, the low-fee mini fund by Grayscale, possibly indicating a conversion by cost-conscious holders. Thank you. NFA. ⛔

Hello everyone! If you were wondering, no, you didn't miss it. Here's our Weekly #VizPack for US Spot ETH ETFs. As you can see from the #charts, ETH ETFs are still struggling to catch a bid. Maybe things change soon. Let's see! 😨 ETH Woes! ⁉ ----------- ⛔ The week ended on a positive note for Spot ETH ETFs, mainly due to the favorable price action of ETH. However, other fundamental metrics remained subdued. It's uncertain whether this sets a strong foundation for the next week. ⛔ Despite the positive price action of ETH, there was an insignificant flow to ETFs during the week. There were net outflows amounting to $26.23 million for the week, bringing the total net outflows since inception to ~$607 million. In comparison, Bitcoin (BTC) ETFs recorded over ~$300 million in net inflows during the week. ⛔ The total assets under management (AUM) of the funds increased for a second consecutive week by 4.41% to reach ~$6.92 billion by the end of the week. However, month-to-date, the AUM remains relatively unchanged or slightly negative. ⛔ The ETF trading activity also reflected market positivity, with the total trading volume increasing by 50% week-over-week, reversing a four-week streak of volume drops. The total trading volume for the week amounted to ~$917 million. Thank you. ~nfa~ #data #analytics #research #blockchain