VanEck, spot Bitcoin ve Ethereum$ETH

He made a total of over $15 million in crypto withdrawals through his ETFs. VanEck’s ETFs acquired approximately 226 BTC and 366 ETH from the Gemini exchange, indicating the increasing interest of institutional investors in the cryptocurrency market.

VanEck’s spot Bitcoin ETF withdrew BTC at $65,434, while the Ethereum ETF bought ETH at $2,649. About nine hours ago, VanEck’s spot Ethereum ETF ETHV withdrew 366,132 ETH from the Gemini exchange, worth about $965,000. This has increased investor interest in VanEck’s Ethereum product, and the company’s continued investments despite volatile market conditions have drawn attention. Spot Ethereum ETFs are generally seen as a safe investment vehicle for institutional investors, and VanEck’s move shows confidence in the growth of the Ethereum market.

On the other hand, VanEck’s spot Bitcoin$BTC

His ETF HODL pulled 226,257 BTC from the Gemini exchange, worth about $14.72 million. Despite the fluctuations in Bitcoin’s price, this large pull was seen as a sign of confidence by market participants. VanEck has been active in the cryptocurrency market for a long time, and such transactions are a significant development as they increase the interest of institutional investors. Large-scale transactions also cause other market players to reconsider their strategies.

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