DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
Bernstein - 1 Gautam Chhugani - 1 BlackRock's - 1 Jay Jacobs - 1 GBTC - 1 Bernstein's Chhugani - 1
Top related locs:
U.S BlackRock
Top related orgs:
IBIT - 1 Fidelity Wise - 1

Search resuls for: "Bernstein's Chhugani"


2 mentions found


☆ The early winner in the bitcoin ETF race has raked in $1 billion
  + stars: | 2024-01-18 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com   time to read: +2 min
As Bernstein analyst Gautam Chhugani highlighted in a note to clients Thursday, BlackRock's iShares Bitcoin Trust (IBIT) has been an early winner among the spot bitcoin ETFs that were approved last week. However, the fund has seen about $1 billion in net outflows over the past week, according to FactSet. Even with the GBTC outflows, the spot bitcoin funds have still seen hundreds of millions of net inflows, according to FactSet. "GBTC at 150 bps fee vs. ~20bps fee for rest, would mean cheaper ETFs will continue to absorb GBTC outflows. In that context, $900m of net inflows remains impressive," Bernstein's Chhugani said in a note.
Persons: Bernstein, Gautam Chhugani, BlackRock's, Jay Jacobs, GBTC, Bernstein's Chhugani Organizations: IBIT, Fidelity Wise Locations: U.S, BlackRock
☆ Crypto sees fifth consecutive week of outflows, with negative sentiment focused on bitcoin
  + stars: | 2023-05-22 | by ( Tanaya Macheel | ) www.cnbc.com   time to read: +2 min
Crypto investment products are coming off their fifth consecutive week of outflows while trading volumes on trusted exchanges hit their lowest level since late 2020, according to CoinShares. Outflows in popular electronic trading products, mutual funds and OTC trusts referencing bitcoin , ether and other crypto assets totaled $32 million for the week ending May 19, CoinShares said in a weekly report Monday. "This was another down week for crypto and, interestingly, a week of divergence with upbeat equity markets," Bernstein analyst Gautam Chhugani said in a note Monday. The market saw $32.7 million in bitcoin outflows, followed by $1 million in ether. Any sign of dislocation in U.S. banks/the U.S. Dollar/the U.S. debt crisis could trigger crypto markets to catch a bid amidst the chaos."
0 next >>
Total: 2