Welcome back to your daily update on institutional Bitcoin flows.

Now entering the flow state…🌊🌊🌊

Total Flows

The ETFs had a strong day of inflows. +3.1K BTC yesterday

IBIT

Blackrock was back to it’s usual spot at the head of the pack, with 2.1k BTC inflows yesterday (USD $141M).

GBTC

Grayscale selling slowed, with only 1.1k BTC outflows (USD $81M). That’s about half the average of this week, and a third of last week’s daily avg.

_{Visit our ETF tracker page here}

• Reports that Morgan Stanley will be first wirehouse to approve Bitcoin ETFs

• Fed member (and renowned Bitcoin hater) Neel Kashkari questioned whether rates need to come. Stonks dumped.

• Hedge funds are ridiculously short Bitcoin

• Lottery ticket sales are at ATHs