Bitcoin ETF assets surpass 100 billion USD, market enthusiasm soars
Bloomberg industry research data shows that as of November 21, the net assets of U.S. Bitcoin ETFs have for the first time exceeded 100 billion USD, with total managed assets of approximately 104 billion USD, expected to surpass gold ETF assets! Since the U.S. Securities and Exchange Commission (SEC) approved the Bitcoin spot ETF in January, this area has continuously sparked enthusiastic interest from investors. With the election of Trump, who supports cryptocurrencies, market interest has soared like flames.
Currently, the asset growth of Bitcoin ETFs is like riding a rocket. For example, BlackRock's iShares Bitcoin spot ETF (IBIT) has attracted 30 billion USD in net inflows since January, becoming the market leader. Trump's victory is seen as a boon for the crypto market, pushing the price of Bitcoin above 96,000 USD, which has risen nearly 120% since the beginning of 2024!
In this crypto frenzy, $Marvin coin is rapidly rising like a brilliant new star! $Marvin is launching limited NFTs with a dividend contract mechanism, and many people have already begun minting, with quantities extremely limited! Notably, the minted Marvin coins will be sent into a black hole, reducing circulation, which will greatly benefit future development! This is not just a digital asset, but a vibrant community movement dedicated to perfectly combining investment and charity, bringing unique value and returns to every holder.
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