🔥 Bitcoin ETFs Break 30-Year Record In First Month of Trading, Pompliano Says:

🔴 During his recent appearance at the CNBC’s Squawk Box show, VC investor, Bitcoiner and entrepreneur Anthony Pompliano talked about Bitcoin and spot BTC ETFs – those were launched a month ago, on January 11 after the much-anticipated approval of the Securities and Exchange Commission and its chairman Gary Gensler.

Pompliano (known within the cryptocurrency community as “Pomp”) stated that Wall Street “not just likes, but loves Bitcoin.” He also mentioned that the recently launched spot ETFs have set a record in the history of this type of asset.

💲 Bitcoin ETFs set new record on Wall Street...

🚀 Talking about the Bitcoin ETFs, Pompliano referred to some important historical data – there have been 5,500 ETF launches over the last 30 years, he stated. However, only spot Bitcoin ETFs have managed to beat all ETFs launched before them – none of the earlier exchange-traded funds were able to collect $3 billion of inflows during the first month of trading.

The Bitcoin ETFs rolled out by BlackRock and Fidelity have managed to do that, he shared, adding that currently the spot Bitcoin ETFs are consuming 12.5x more BTC per day than miners produce.

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