The Bitcoin ETF Multiplier Effect - The Week On-chain 09, 2024 (Bitcoin Onchain Analysis)
2024-12-24T16:40:08+0800

Subscribe to our second channel - Glassnode Clips - delivers bite-sized weekly analyses, offering insights into Bitcoin and the wider crypto market's trends, performance, and on-chain metrics. https://www.youtube.com/@glassnodeclips With the new Bitcoin ETFs live in the US, a very large volume of BTC supply is being acquired on a daily basis. With the market responding very positively, it raises the question of how sustainable are the capital flows at present? 📰 Written Report: https://insights.glassnode.com/the-week-onchain-week-09-2024/ 📊 Live Dashboard: https://glassno.de/49OBOYB Topics for Discussion: - An assessment of the current ETF landscape including inflows. - Analysis of the Realized Cap as a measure for true capital flows. - Tools to monitor and assess the ‘multiplier’ effect of liquidity. Key Dashboards 🥇 Mastering Realized Cap Report: https://glassno.de/3PA7kCy 💸 Mastering Realized Cap Dashboard: https://glassno.de/3YgoxUg ♟️ Mastering MVRV Dashboard: https://glassno.de/3IRQB9k 🚀 Start your Glassnode Advanced free trial today: https://glassno.de/3QFXu0S 🔬 Technical Analysis Toolbox: https://glassno.de/3MPzgRv 📟 Spotting Cycle Tops and Bottoms Dashboard: https://glassno.de/cycleextreme 🐻 Recovering From a Bitcoin Bear Dashboard: https://glassno.de/recoveringbear 🏦 Exchanges Dashboard: https://glassno.de/3RimWJY 💸 Realized Profit Loss Dashboard: https://glassno.de/3H6c8dz 💵 Pricing Models Dashboard: https://glassno.de/3J9hVkW 🌊 HODL Wave Dynamics: https://glassno.de/3xzSmTn 📈 Bitcoin Price Performance Dashboard: https://glassno.de/3UwBRCf 🦐 Shrimp Supply Sink Report: https://glassno.de/41hmhgp 📊 Realized Profit/Loss Momentum: https://glassno.de/3P6XkAq 🪟 Capital Rotation Dashboard: https://glassno.de/3P78rbu Getting Started with Glassnode: 📈 Navigating Tops and Bottoms: https://glassno.de/3OpgSgA ⛓️ On-chain Activity: https://glassno.de/3xXM13Q ⛏️ Mining Fundamentals: https://glassno.de/3nnfL5m 🪙 Supply Dynamics: https://glassno.de/3NyhPlK 🕰️ Introduction to Lifespan: https://glassno.de/3ehCmzn 💸 Realized and Unrealized Value: https://glassno.de/3ExnCa1 👴 Long and Short-Term Holders: https://glassno.de/3QLUzCt Timestamps 0:00 Introduction 3:34 Price Action Overview 5:00 Bitcoin ETF Flows 8:40 ETF Balances 9:39 On-chain Spot Inflows to Exchanges 14:11 Realized Profit and Loss 16:10 Realized Cap Deep Dive 20:17 Estimating the Multiplier Effect 25:00 Capital Change Ratio 28:19 Summary and Conclusions Follow us and reach out on Twitter 🐦: https://twitter.com/glassnode Join our Telegram channel: https://t.me/glassnode For on-chain metrics and charts, visit Glassnode Studio: https://glassno.de/3oRNXaf About: The Glassnode video report provides a weekly analysis update of the trends, performance, and onchain metrics for Bitcoin and the crypto market. Disclaimer: This report does not provide any investment advice. All data is provided for information purposes only. No investment decision shall be based on the information provided here and you are solely responsible for your own investment decisions.