Performance in the first hour of BTC ETF:

Although the trading volume reached 2.4 billion US dollars, within the ETF, GBTC accounted for 660 million US dollars. Due to the previous lock-up, GBTC brought substantial returns with a negative premium, combined with the rise of BTC, the premium was smoothed out, ultimately achieving the effect of leverage.

After the trading was opened, GBTC purchased with a negative premium, combined with the rise of BTC, can be freely traded. Although the net fund flow data is unknown, it is highly probable that GBTC belongs to the net selling team (substantial returns).

As for the remaining 72.5%, it is unknown how much capital is flowing in and how much is flowing out. However, they still hold the pulse of the market!

GBTC still has a deep impact in the short term!!

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。