The ‘Newborn Nine' Bitcoin ETFs own nearly $3 billion in BTC

Newborn Nine is how the ETF expert Eric Balchunas calls 9 of the 10 recently approved Bitcoin ETFs. These are competitors of the pioneer Grayscale Bitcoin Trust (GBTC), experiencing a capital outflow partially distributed to the Newborn.


Sentiment Result : Positive

Image

Comments

Popular posts from this blog

Bitcoin Exchange Reserves Drop: Is a Bullish Rally on the Horizon

Bitcoin Price Recovers After Fed Announces No Rate Hike At FOMC

Crypto Talkies July 31st 2025