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BIG BREAKING 🚨: FIDELITY HAS BOUGHT ANOTHER 2,660 #BITCOIN. THEY NOW HOLD OVER 205,000 $BTC!
BIG BREAKING 🚨
FIDELITY HAS BOUGHT ANOTHER 2,660 #BITCOIN. THEY NOW HOLD OVER 205,000 $BTC !
MASSIVE 🔥 ### BIG BREAKING 🚨: Fidelity Acquires Another 2,660 Bitcoin, Now Holding Over 205,000 BTC
In a major development in the cryptocurrency world, Fidelity Investments has announced it has acquired an additional 2,660 Bitcoin (BTC), bringing its total holdings to over 205,000 BTC. This move signals the firm’s ongoing commitment to Bitcoin as a core asset in its investment strategy.
Fidelity, one of the world’s largest asset managers, has long been a major player in the cryptocurrency space. Its recent purchase, valued at over $70 million at current Bitcoin prices, underscores its belief in the long-term potential of digital assets. The firm has been expanding its crypto offerings, providing institutional investors with avenues to gain exposure to Bitcoin and other digital assets.
The purchase comes amid increasing institutional interest in Bitcoin as a store of value and a hedge against inflation. Fidelity's substantial accumulation of Bitcoin further solidifies its position as one of the largest institutional holders of the asset, reinforcing the trend of traditional finance giants embracing cryptocurrencies.
This latest acquisition is likely to have ripple effects in the market, with many investors watching closely to see how this might influence the broader crypto landscape. As Fidelity continues to increase its Bitcoin holdings, it sends a strong signal of confidence in the future of digital assets. #Fidelity #FidelityFBTC #BTC☀️ #Bitcoin❗ #BTCXmasOrDip? $BTC
FIDELITY HAS BOUGHT ANOTHER 2,660 #BITCOIN. THEY NOW HOLD OVER 205,000 $BTC !
MASSIVE 🔥 ### BIG BREAKING 🚨: Fidelity Acquires Another 2,660 Bitcoin, Now Holding Over 205,000 BTC
In a major development in the cryptocurrency world, Fidelity Investments has announced it has acquired an additional 2,660 Bitcoin (BTC), bringing its total holdings to over 205,000 BTC. This move signals the firm’s ongoing commitment to Bitcoin as a core asset in its investment strategy.
Fidelity, one of the world’s largest asset managers, has long been a major player in the cryptocurrency space. Its recent purchase, valued at over $70 million at current Bitcoin prices, underscores its belief in the long-term potential of digital assets. The firm has been expanding its crypto offerings, providing institutional investors with avenues to gain exposure to Bitcoin and other digital assets.
The purchase comes amid increasing institutional interest in Bitcoin as a store of value and a hedge against inflation. Fidelity's substantial accumulation of Bitcoin further solidifies its position as one of the largest institutional holders of the asset, reinforcing the trend of traditional finance giants embracing cryptocurrencies.
This latest acquisition is likely to have ripple effects in the market, with many investors watching closely to see how this might influence the broader crypto landscape. As Fidelity continues to increase its Bitcoin holdings, it sends a strong signal of confidence in the future of digital assets. #Fidelity #FidelityFBTC #BTC☀️ #Bitcoin❗ #BTCXmasOrDip? $BTC
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🕵 The U.S. Bitcoin ETF market experienced consecutive outflows for two days last week, putting market sentiment to the test!
According to data from Farside Investors, the Bitcoin spot ETF market lost $671.9 million on December 19, and the following day, the ETF market lost another $277 million.
Among them, asset management giant BlackRock's Bitcoin ETF (IBIT) saw an outflow of $72.7 million on December 20, marking the largest single-day outflow since its launch in January this year, seemingly ending the inflow momentum of its Bitcoin exchange-traded fund.
On December 19, another issuer, Fidelity's FBTC, also recorded a historic outflow of $208.5 million. Then on December 20, FBTC experienced an outflow of about $71.9 million, resulting in two consecutive days of outflows for the ETF.
This series of outflow events has raised concerns in the market about the prospects of the U.S. spot Bitcoin ETF. However, market observers believe that the outflow of funds may not continue, as Bitcoin has shown signs of rebound and is rising again after the earlier sharp decline.
Despite IBIT and FBTC being among the best-performing exchange-traded funds in the U.S., ranking within the top 25 in asset size just one month after their launch, the consecutive outflow phenomenon may indicate a shift in market sentiment.
Analysts noted that Bitcoin's market trading volume has dropped to $59.5 billion, a 52% decrease compared to last month, which starkly contrasts with the bullish trend in the cryptocurrency market following Trump's election victory.
Last Tuesday, Bitcoin reached a historic high of $108,000 per coin. Currently, Bitcoin is trading at $95,871 per coin, down 4.1% in the past 24 hours, with a total market capitalization of $1.89 trillion.
Analysts believe that the predicament faced by BlackRock and Fidelity should not come as a surprise to traders, as these two international asset management companies account for a significant share of inflows. Consequently, some investors are concerned that recent developments in ETFs may become a turning point, leading to a significant decline in institutional investors' interest in Bitcoin.
In summary, this week, the fund flows of Bitcoin spot ETFs and their potential impact on the spot market remain a focal point of close attention for investors and market analysts.
#比特币ETF #资金流出 #贝莱德IBIT #FidelityFBTC #加密货币市场
According to data from Farside Investors, the Bitcoin spot ETF market lost $671.9 million on December 19, and the following day, the ETF market lost another $277 million.
Among them, asset management giant BlackRock's Bitcoin ETF (IBIT) saw an outflow of $72.7 million on December 20, marking the largest single-day outflow since its launch in January this year, seemingly ending the inflow momentum of its Bitcoin exchange-traded fund.
On December 19, another issuer, Fidelity's FBTC, also recorded a historic outflow of $208.5 million. Then on December 20, FBTC experienced an outflow of about $71.9 million, resulting in two consecutive days of outflows for the ETF.
This series of outflow events has raised concerns in the market about the prospects of the U.S. spot Bitcoin ETF. However, market observers believe that the outflow of funds may not continue, as Bitcoin has shown signs of rebound and is rising again after the earlier sharp decline.
Despite IBIT and FBTC being among the best-performing exchange-traded funds in the U.S., ranking within the top 25 in asset size just one month after their launch, the consecutive outflow phenomenon may indicate a shift in market sentiment.
Analysts noted that Bitcoin's market trading volume has dropped to $59.5 billion, a 52% decrease compared to last month, which starkly contrasts with the bullish trend in the cryptocurrency market following Trump's election victory.
Last Tuesday, Bitcoin reached a historic high of $108,000 per coin. Currently, Bitcoin is trading at $95,871 per coin, down 4.1% in the past 24 hours, with a total market capitalization of $1.89 trillion.
Analysts believe that the predicament faced by BlackRock and Fidelity should not come as a surprise to traders, as these two international asset management companies account for a significant share of inflows. Consequently, some investors are concerned that recent developments in ETFs may become a turning point, leading to a significant decline in institutional investors' interest in Bitcoin.
In summary, this week, the fund flows of Bitcoin spot ETFs and their potential impact on the spot market remain a focal point of close attention for investors and market analysts.
#比特币ETF #资金流出 #贝莱德IBIT #FidelityFBTC #加密货币市场