● Two BlackRock funds purchased IBIT shares in the first quarter of this year
According to PANews, according to documents submitted to the U.S. Securities and Exchange Commission (SEC), two funds managed by BlackRock purchased the company's Bitcoin Spot Bitcoin ETF (IBIT) in the first quarter of this year. Among them, the BlackRock Strategic Income Opportunities Fund purchased nearly $3.6 million worth of IBIT shares, and the BlackRock Strategic Global Bond Fund purchased $486,000 worth of IBIT shares. Since its launch in January this year, the inflow of funds from BlackRock IBIT has exceeded that of other similar products.
● The first leveraged Ethereum ETF in the United States will be listed on June 4
The Volatility Shares 2x Ether ETF (ETHU) will become the first leveraged Ethereum (ETH) ETF in the United States, with trading set to begin on June 4, the company announced on its website.
● Mt.Gox cold wallet has completed the transfer of all bitcoins in preparation for repaying creditors
According to PANews, Arkham has marked the address starting with 1JbezD as the cold wallet address of Mt. Gox. All BTC in the previous cold wallet address of Mt. Gox has been gathered to this address today. Mt. Gox: All bitcoins in the 1JbezD address have been transferred out, and the current balance is 0. According to previous news, the MtGox wallet address has transferred billions of dollars of bitcoins to the new address starting with 1JbezD many times. Mt. Gox confirmed that it was to prepare for repayment before the creditor repayment deadline on October 31.
● Fed's Kashkari: No more than two rate cuts are expected in 2024
According to Odaily Planet Daily, Kashkari of the Federal Reserve said that he does not think a weak economy is needed to reduce inflation. He predicts that the number of interest rate cuts in 2024 will definitely not exceed two.
● CoinShares: Digital asset investment products received $1.05 billion in inflows last week
According to Golden Finance, CoinShares weekly report shows that digital asset investment products have inflows for the third consecutive week, totaling $1.05 billion, and the cumulative inflow so far this year has hit a record high of $14.9 billion. Most of the funds flowed into Bitcoin ETP, with inflows of $1.01 billion last week. Ethereum's inflows last week were $36 million, the highest level since March, which may be an early response to the US approval of the ETH ETF.
● The number of cryptocurrency holders worldwide exceeds 560 million, accounting for 6.8% of the world’s population
According to Odaily Planet Daily, crypto KOL @beaniemaxi posted on the X platform that in 2024, the number of global cryptocurrency holders will reach 562 million, a growth rate of 33.8%, accounting for 6.8% of the world's population.
● Viewpoint: Mainstream coins may go sideways, while Meme coins are expected to rise
According to TechFlow, crypto trader Ansem said that mainstream coins may continue to consolidate, while Meme coins are expected to rise. Ansem mentioned that Ethereum ($ETH) currently has an obvious short-hedge strategy, and if the price breaks through $4,100 on a weekly basis, the market may rise sharply. Otherwise, the market is expected to continue to fluctuate, forcing longs to close their positions and leave.
