😀😃😄😁 Yesterday's market situation 7/29/2024

➡️ SEC approved Grayscale Mini Trust's BTC ETF application. This mini fund traded on NYSE ARCA is expected to have cheaper fees and reduce Grayscale's selling level

➡️ The US government transferred 29.8K BTC ~$2B to an unknown address. According to Bloomberg experts, this money can be used to store digital assets on Coinbase from the previous announcement of USMS

➡️ Grayscale deposited 100K ETH to Coinbase and then continued to dump $210M ETH. After 5 days of ETF trading, Grayscale's cash flow was negative $1,726B

➡️ Other ETH/BTC ETF funds have not had much trading fluctuations so far.