Bitcoin Fund Flows Stall

Technicals

Positive trend

Source: Bloomberg. Bitcoin and its 200-day moving average since 2016.

Macro

Bitcoin eases as bond yields fall

Source: Bloomberg. Bitcoin measured in gold ounces (rhs), US 10-year yield (lhs) past six months.

Institutional Bitcoin flows

The Grayscale discount

Source: ByteTree Asset Management. Grayscale premium or discount to net asset value since Sept 2021.

Bitcoin fund flows

Source: ByteTree Asset Management. Bitcoin held by funds vs the price, since 2019.

On-chain metrics

Institutional dominance dips

Source: ByteTree Terminal. Institutional Dominance Ratio, past quarter.

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ByteTree.com

ByteTree.com

Applied data for digital asset investors. ByteTree provides real-time data, fundamentals, technical and deep blockchain market analysis for Bitcoin, and more.