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#Thailand approves its first Spot Bitcoin #ETF $BTC {spot}(BTCUSDT)
#Thailand
approves its first Spot
Bitcoin
#ETF
$BTC
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🪙 Australia's first Bitcoin ETF from Monochrome (IBTC) has officially started trading today. #btc $BTC
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The #BlackRock Bitcoin ETF has surpassed $20 billion in under five months, the fastest in the history of all ETFs. Bitcoin ETFs, in general, have seen continuous inflows for three weeks, amassing $2.4 billion in the past month. Only two ETFs attracted more money in May, SPY and VOO, both of which are S&P 500 ETFs. #BTC $BTC
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According to @HODL15Capital, Riot Platforms, one of the largest Bitcoin mining companies on the U.S. stock market 🇺🇸, did not sell any Bitcoin in May or April and currently holds up to 9,084 #BTC The supply on #OTC exchanges is limited, and not all miners are selling. $BTC
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🚀 Bitcoin is back to the 70k $BTC
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Investment firm Monochrome Asset Management (MAM) filed for a Bitcoin Spot ETF in April, which was quickly approved by the Australian Securities and Investments Commission. The Monochrome Bitcoin ETF will begin trading on the Cboe Australia exchange tomorrow under the ticker IBTC. Prior to IBTC, Australian investors could only invest in ETFs that indirectly held Bitcoin or through foreign Bitcoin products, neither of which benefited from Australia's investor protection rules. Since the U.S. #SEC opened the door to #Bitcoin Spot ETFs earlier this year, many countries around the world have become more receptive to crypto ETFs, including the UK, Hong Kong, and most recently, Australia. $BTC #IBTC
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