We are trying to make the Binance SQUARE Platform more valuable and attentive for you. Here are the details of our news;
According to the second quarter report from Coinbase and Glassnode, ETFs' current Bitcoin holdings provide concrete evidence of Wall Street traders' growing interest in the crypto market.
Currently, the combined assets of Bitcoin exchange-traded funds (ETFs) under management reach approximately 851,000 BTC, representing approximately 4.3% of the total circulating supply. This concentration shows that the influence of ETFs in the crypto market is increasing.
Bitcoin ETFs recorded strong weekly inflows following their launch, reaching volumes ranging from $1.2 billion to $2.5 billion in the first quarter. However, the pace of these inflows slowed after March, signaling a potential stabilization or shift in investor sentiment.
Additionally, spot Bitcoin ETFs now contribute significantly to the total spot trading volume on centralized exchanges, increasing liquidity and setting new trading standards.
The increasing AUM (assets under management) and trading volume of Bitcoin ETFs are reshaping how traders interact with Bitcoin and may impact supply-demand dynamics. In particular, significant ETF outflows are often associated with price declines, indicating traders' tendency to react during market volatility. Understanding this behavior forms the basis for interpreting market movements.
The launch of spot Bitcoin ETFs in January this year fundamentally changed the supply and demand dynamics of Bitcoin, highlighting the importance of tracking ETF inflows and outflows. These ETFs not only reduce the available supply but potentially increase price levels, and they also influence significant market movements due to their large presence in the market.
PLEASE READ CAREFULLY FOR A GIFT OF 10 DOLLARS.
My friends, you know that we, the publishers, are doing everything we can for you here. We are informing you about the services and facilities offered to us by our authorities. I have never stopped supporting both the Cryptocurrency market and you as much as I could, and on the contrary, I am trying to provide more support.
THIS 10 DOLLAR GIFT CAMPAIGN IS A CAMPAIGN MADE SPECIALLY FOR ME BY BINACE. YOU CAN GET CONFIRMATION ABOUT THIS BY CONTACTING LIVE HELP. THIS IS A 10 DOLLAR CAMPAIGN MADE TO YOU THROUGH ME.
Now I will tell you how to receive your gift. First of all, Binance users who have registered with someone's reference and actively use futures transactions will unfortunately not be able to benefit from this promotion.
So who will benefit?
Our friends who have not activated the futures section yet, while activating your FUTURES trading section, you will earn 10 dollars when you open it by entering my reference code 88623008.
I EXPLAIN IN DETAIL.
My brothers and sisters who have become a Binance member without reference, please listen carefully;
When you do what I say, you will receive 10 USDT.
Enter the Futures Section from your application,
On the next screen, open your account by entering the code 88623008 in the REFERENCE CODE section,
My brothers and sisters who want to complete this transaction and receive the 10 USDT reward by MAY 1 can do so. After activating your account, all you have to do is open your first futures transaction.
The first 1,000 brothers to open a 200 USDT transaction by MAY 1 will receive a 10 USDT reward.
So let me give you a tactic like this: Even if you open and close 20x with a $5 transaction, you will be entitled to the reward.
However, even if you do this after May 1, your reward will not come. So get it done by May 1st. In fact, right now I say you can fix it in 5 seconds.
Very simple. Go to Futures, enter my reference code 88623008 and activate the account. Afterwards, just open a total of 200 USDT transactions and get 10 USDT reward.
WHEN WILL THE AWARD COME?
Your 10 dollar reward will arrive in the REWARDS section of your Binance application within 30 days, starting from May 1st. By activating it from there, you can use your reward of 10 dollars, or more than 300 liras, in futures transactions.
You can help your friends in need by sharing this post.
BY THE WAY, MY BROTHERS, PLEASE DON'T MISS YOUR LIKES. EVERY SHARE IS FOR YOU. SO DON'T WITHHOLD YOUR SUPPORT. DON'T FORGET TO FOLLOW IF YOU HAVE NOT FOLLOWED YET. KIND REGARDS.