Bitcoin ETFs hold more than one million BTC, or nearly 5% of the total supply. Darren MacConluain

ByDarren MacConluainParis, May 27, 2024 at 21:10

Bitcoin ETFs hold more than one million BTC, or nearly 5% of the total supply.

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Exchange-traded funds (ETFs) Bitcoin (BTC) already hold more than one million BTC in their portfolios, according to the data aggregator bold.report. As of May 23, all Bitcoin ETF assets amounted to 1,057,039 BTC, which is equivalent to nearly 5% of the crypto supply.

Grayscale’s GBTC is leading the pack with more than 291,000 BTC under management, closely followed by BlackRock’s IBIT and its reserve of 279,500 BTC. These include the figures collected on May 23 and which have changed since then. GBTC has 293,000 BTC at the time of writing, while the IBIT is 284,526 BTC, according to the Arkham Intelligence chain data platform.

Outside the United States, the BTCetc Bitcoin Exchange Traded Crypto (BTCE), based in Germany, is the Bitcoin ETF with the largest assets, registering 22,490 BTC under its management. Bitcoin Tracker Euro (COINXBE) and Bitcoin Tracker One (COINXBT), both based in Sweden, have 17,830 BTC and 14,580 BTC under management respectively.

The seven recently launched Hong Kong Bitcoin ETFs hold a total of 5,789 BTC. Despite the initial optimism, Hong Kong’s cryptographic products have not yet attracted the attention of investors.#ETHETFsApproved #Pioneers👫great#BinanceSquareFamily #altcoins

Le Grayscale Bitcoin Trust (GBTC) détrôné par l'iShares Bitcoin Trust (IBIT)

Depuis son lancement aux États-Unis en janvier dernier, l'ETF Bitcoin spot de BlackRock a accumulé près de 20 milliards de dollars sous gestion, devenant ainsi le leader incontesté de ce marché.

Selon les données disponibles, l'iShares Bitcoin Trust de BlackRock détient près de 19,68 milliards de dollars de Bitcoin (BTC), dépassant ainsi le Grayscale Bitcoin Trust qui plafonne autour des 19,65 milliards de dollars. Le 3e plus gros acteur du marché des ETF Bitcoin spot est toujours Fidelity Investments, avec 11,1 milliards de dollars sous gestion.

Ainsi, ce nouvel ETF Bitcoin spot, lancé il y a seulement 5 mois par BlackRock, détient désormais plus de Bitcoin sous gestion que le GBTC de Grayscale, pourtant vieux de 10 ans.

👉 Pour en savoir plus – Les ETF Bitcoin spot expliqués : tout ce que vous devez savoir

Les ETF Bitcoin spot de BlackRock et Fidelity, lancés le 11 janvier aux côtés de 8 autres concurrents dont Grayscale avec la conversion de son Bitcoin Trust en ETF, ont marqué un tournant pour le marché des cryptomonnaies.

Ces nouveaux produits financiers ouvrent l'accès au Bitcoin à un plus large panel d'investisseurs. Leur arrivée a contribué à la hausse du cours du BTC qui a atteint un record historique en mars dernier à 73 800 dollars.

L'iShares Bitcoin Trust de BlackRock a enregistré les entrées de capitaux les plus importantes depuis son lancement, avec 16,5 milliards de dollars. A l'inverse, les investisseurs ont retiré 17,7 milliards de dollars du fonds Grayscale sur la même période. Des frais plus importants et un manque d'arbitrage précis pourraient être des facteurs déterminants de ces retraits.#ETHETFsApproved #btc70k #Megadrop #BinanceSquareFamily

The Future of NotCoin and Short-term Price Prediction (One Month)
The Future of NotCoin $NOT
The cryptocurrency market is dynamic, and NotCoin is one of the emerging digital assets capturing interest. Here’s an in-depth look at its future potential and what we can expect in the short term.
Market Potential
NotCoin has demonstrated consistent growth since its introduction. As digital currencies gain broader acceptance, NotCoin's market capitalization and user base are poised to expand. Its adoption by various businesses and individuals signals a promising future in the evolving cryptocurrency ladscap
Investment Potential
NotCoin presents both opportunities and risks for investors. Its strengths lie in its technology and market potential. However, like all cryptocurrencies, it is subject to market volatility. Investors should perform thorough research and consider long-term prospects when evaluating NotCoin.
Short-term Price Prediction (One Month)
Predicting cryptocurrency prices is inherently speculative, but several factors can provide insights:
- Market Trends: Recent trends show a steady increase in interest and trading volume for NotCoin. If these trends continue, we can expect a moderate price increase over the next month.
- Technological Updates: Any significant technological announcements or upgrades could positively impact the price.
- Regulatory News: Positive regulatory news or compliance achievements may boost investor confidence and drive prices up.
- Market Sentiment: General market sentiment towards cryptocurrencies will influence NotCoin’s price. A bullish market could lead to a price surge.
Based on these factors, if current trends and positive developments continue, NotCoin could see a price increase of 10-20% over the next month. However, it is crucial to consider market volatility and conduct individual research before making investment decisions.
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Binance's Megadrop is expected to distribute a significant amount of tokens to eligible participants, making it a lucrative opportunity for those looking to expand their crypto portfolio without spending a dime.
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Prediction of the price of Bitcoin (BTC)

How much will Bitcoin (BTC) be worth in 2025, 2026, 2027, and 2030? Read other advice on price targets and confidence levels of projects, known as the consensus mechanism, when deciding on your own price targets. The data displayed is based on user data and not on Binance’s opinion.

Ready to buy BTC? Binance accepts a wide range of currencies, allowing you to easily buy cryptos using USD, EUR, CNY, AUD, INR and other fiat currencies. Technical analysis is a useful tool that allows you to predict trends on a graph. However, many people have recently started trading with bots programmed with technical analysis concepts. Here is an automated report on the market trend and the direction in which it could go in different time intervals in the future. Although this is a price prediction for Bitcoin based on technical data, please do your own research and trade based on your own knowledge and abilities. The live price of Bitcoin is $ 68,686.42 per (BTC/USD) today with a current capitalisation of $1,353.40B USD. The trading volume over 24 hours is $ 14.72B USD. The BTC price in USD is updated in real time. Bitcoin is -0.63% in the last 24 hours. There is a circulating supply of 19.70M. #BTC☀ #BinanceSquareFamily #Pioneers👫great

The price of Pi could increase to $96 by the end of 2024. By 2027, the price of Pi could fall to $60, because the holders could have made a lot of profits. Pi could have difficulty reaching its historic high in 2030, but the price could be $280. Predictions PI 🔥 #Pioneers👫great opportunity #BinanceSquareFamily #ETHETFsApproved

The price of Bitcoin for tomorrow

Some analysts predict that we will see the value of BTC increase tomorrow, May 26, 2024. At Gov Capital, experts predict a minimum price of $69,990.13 but a maximum of $70,072.67.
#BTC☀ #BNB_Market_Update #BinanceSquareFamily #solanAnalysis

A future for Cryptocurrencies on the Stock Exchanges

It could launch their own cryptocurrencies, with its own advantages. If the future of bitcoin on the stock exchange is still uncertain, even if it is positive in the short term, the future of cryptocurrencies on the stock exchange is clearly very positive in the short and long term.
$BTC $ETH $BNB #ETHETFsApproved #BinanceSquareFamily

The monetary revolution is practically taking its path fully safe thanks to the mechanical election of the currency, the cryptocurrency is not only revolutionizing the world but also setting up the security and guarantee of the world economy. Long live the economic revolution, long live the cryptocurrency.
#ETHETFS , #BinanceSquareFamily