BlackRock's IBIT has seen its biggest inflow day since March, with a whopping $523 million entering the fund in just one day.

This marks a significant milestone for the Bitcoin ETF, as it continues to attract investments at a rapid pace.

The recent surge in inflows coincided with the approval of spot Ether ETFs in the US, signaling a growing interest in alternative cryptocurrencies. Industry analysts are optimistic about the future of Bitcoin, citing potential catalysts that could drive the price higher in the short to mid-term.

Exciting times ahead in the world of crypto! 🚀 #bitcoin #ETFs. #ETFNewsUpdate #BlackRock⁩ #investment

Can $Bitcoin ETF approved tomorrow ?

Yes ‼️ Then Why ?

No 😢 Then Why ?

#etf #BTC #ETFs.

Bitcoin Slips Toward $40,000 As ETF Fever Fades SOL, XRP Cardano, Lead #Altcoin Losses

The price of Bitcoin plunged below $41,000 on Monday as the approval of spot BTC exchange-traded funds earlier this month continues to be a "sell-the-news" event.

#BTC Slumps Below $41,000

Bitcoin (BTC) is taking a nosedive - and bringing altcoins down with it.

At the time of publication, Bitcoin, the world's biggest and oldest cryptocurrency, is trading for just over $40,558, down 2.6% in the past 24 hours and 4.8% on the week, according to data provided by CoinGecko.

BTC's slump led to a market-wide retreat, with ether (ETH) dropping 4.0%, Solana's SOL losing 6.2% of its value, and Ripple's XRP enduring a 3.7% decline over the day to cost $0.5294 at the time of publication. Elsewhere, Cardano's ADA is another big loser and has slumped by 4.8% over the last 24 hours. It is now valued at around $0.4913.

Popular dog-themed memecoin Dogecoin (DOGE) initially defied the struggles of the wider crypto market amid speculation of adoption in a forthcoming feature on Elon Musk's X platform but has since fallen 3% over the past 24 hours.

Investors are concerned that asset manager Grayscale is dumping some of its BTC as owners of its Grayscale Bitcoin Trust (GBTC) quickly cash out from the ETF, contributing to the downward pressure on BTC. Blockchain sleuth Lookonchain observed that Grayscale has sold a whopping $2.14 billion worth of BTC in the aftermath of the historic ETF approval.

Crypto pundits have also claimed that the spot ETF approval was already priced in- indicating that BTC wasn't going to see a parabolic rally after the green light.

Bitcoin eyes $38,000

After the SEC approvals on Jan. 10, #BTC rocketed to almost $49K before retreating to sub-$43,000. Spot Bitcoin #ETFs. have been touted as a much easier way for institutional and retail investors to gain exposure to the bellwether crypto, sparking wildly optimistic predictions for Bitcoin's price. But now, a fall below

$40,000 ahead of April halving seems likely.

#Write2Earn
$BTC $ETH $SOL

🚀 S.E.C. Twitter Blunder Ignites Bitcoin Firestorm! 🔥📉 Hold Tight!Picture this: The Securities and Exchange Commission's Twitter handle drops a bombshell, claiming the go-ahead for a revolutionary Bitcoin investment product! Crypto enthusiasts rejoice, champagne corks popping everywhere! 🍾🎉 But wait! Plot twist! Gary Gensler steps in, revealing the tweet was a sneaky hack job! 🤯🚨The crypto realm was perched on the edge, eagerly awaiting the Bitcoin ETF decision. Hopes were high, the stakes even higher, when this jaw-dropping misinformation briefly sent Bitcoin prices soaring into the stratosphere! 🌌💰 Yet, like a sudden thunderstorm, reality struck back, dousing the fiery surge! ⚡📉Now, it's a crypto whodunit! 🕵️‍♂️ Suspicions are flying, theories brewing, and demands for accountability echo across the digital landscape! Hold onto your seats—crypto chaos just hit a new level! 🌪️💸
#etf #ETFApprovalDreams #ETFs. #sol
$BTC $ETH

🪙 Vanguard #Investors React to Ban on Spot Bitcoin ETFs

Vanguard's decision to block the purchase of spot Bitcoin ETFs on its platform has led to customer backlash.

Some investors, viewing this move as misaligned with their investment philosophies, are considering transferring their funds to other platforms.

Other #investment firms, like Citi, Merrill Lynch, Edward Jones, and UBS, also face similar issues with the availability of these #ETFs.

🚨breaking news🚨
It seems like the @SECGov account got hacked because someone took control of a phone number linked to the account, not because of X's systems. They didn't have two-factor authentication enabled, which could have helped prevent this. They're suggesting everyone enable this feature for extra security. For more tips on keeping accounts safe, they've shared a link to their Help Center: help.x.com/en/safety-and-...
#etf #ETFApprovalDreams #BTC #BTCETFSPOT #ETFs.

Hei guys.

Be extra careful with your stops during the first and last hours of the US Market Opening times.

Expecting these to generally see a lot more volatility than usual. Especially while the #ETFs. are so new.

Thankyou

"Recalling the Past: From Skepticism to Wealth

In the past, domestic experts likened virtual currencies to a game of hot potato, and we all believed it. But in 2014, a 20-year-old Russian boy came to China to promote Ethereum, and his bold move changed the game. At an exhibition, he announced that he would give away 5,000 Ethereum to anyone interested, but most people thought he was either a liar or a madman. Fast forward to today, and the value of those 5,000 Ethereum has skyrocketed to 120 million yuan!

As the saying goes, "people can't make wealth beyond their cognition." However, few people emphasize that through continuous learning and thinking, one can expand and improve their cognition, leading to new possibilities. This is evident in the launch of Hong Kong's first three digital currency ETFs, all managed by public fund state-owned enterprises, marking a significant milestone in the industry's growth."#ETFs. $BTC $BTC #Token2049 #BullorBear #bitcoinhalving #ScamRiskWarning

🚀 2024 is expected to be a groundbreaking year for #Ethereum! ⚪️The expansion of Chain Development Kits (CDKs) is opening up new opportunities for developers making Ethereum's 🔹 potential limitless.

Additionally, with #ETFs. approvals and deflationary cycles Ethereum's growth is unstoppable. Be prepared to witness history in the making! #Ethereum... 🔹

#Write2Earn #The_Bitcoinbull

By @Bitcoin Bull

Ten times more companies invested in Bitcoin ETFs than in gold!

🙀 As of March 31, 937 professional firms invested in U.S. spot Bitcoin ETFs, while only 95 firms invested in gold #ETFs. in the first quarter.

👀 However, retail investors still own the majority of shares in Bitcoin ETFs. Professional #investors had $11.06 billion in Bitcoin ETFs by the end of Q1, which is 18.7% of the total assets under management (AUM) for #BitcoinETFs .

✔️ The largest ETFs have attracted the most institutional money. ARKB and HODL have a lot of institutional investments, supported by $ARK and VanEck's involvement in these ETFs.
#MemeWatch2024 #CMEBitcoinSpotTrading

🆘BREAKING: 🇺🇸 #SEC approved all Spot Bitcoin #ETFs.

• VanEck
• Bitwise
• Fidelity
• Franklin
• Valkyrie
• Hashdex
• ArkInvest
• Grayscale
• BlackRock
• WisdomTree
• Invesco Galaxy

Amazing Free Signals ✅✅

Eth Free Signal Tp 1 and 2 done 💴💴💴

like and follow for more Profits like this 💯💯.

#ETFs. #Bonk.Coin #sol

$BTC
Robert Kiyosaki holds 66 Bitcoin!

This was announced by the “Rich Dad” himself in another interview. He’s confident that his BTC will be worth “a fortune” (as if it hasn’t reached that point already 😂) when pension funds start investing in Bitcoin through ETFs.

As you know, Kiyosaki has persistently and adamantly urged everyone to “sell dollars and buy Bitcoin” and assures that precious metals and Bitcoin are the only assets in which to keep funds when the financial markets collapse (and he has been prophesying the biggest crash in history since 2021).

How much Bitcoin do you have
#Write2Earn
#ETFs.

⚡️ ⚡️ ⚡️ Bitcoin ETFs wasn't approved.
💡#BitcoinETF💰💰💰 wasn't approved. Account of the #SEC Gary was #compromised and #SEC stated that #Bitcoin    #ETFs. wasn't approved...

After some consolidation, similar to the #BTC☀️     price, the cumulative total #flows of the $BTC Spot #ETFs. has started ramping up again.

This is partially due to #GBTCOutflows stopping (and even increasing) last week.

Wonder when we'll hit that +$15B total net flow Market.

Wen Spot Ethereum ETF?

After the U.S. SEC approved the Spot Bitcoin ETFs last January, we witnessed a serious FOMO condition from institutional investors.

The BTC price, moving in the month after Spot Bitcoin ETFs, put a New High on track that had happened before the cycle, and, of course, compared with the currency of many countries that had weakened, BTC prices had already broken through All time high.

The 11 funds that have recently approved Bitcoin Spot ETF are trading only 5% of the fund's value. This will cause huge institutional funds to flow into the cryptocurrency market far more than the total market value.

This year is also the year of the fourth Bitcoin Halving in April, which is in accordance with the statistics of each previous round. There have never been any New High Bitcoins before this round of Halving. Investors should be very careful and keep an eye on it.

However, ETH always did performance higher than BTC after BTC grew in bull run.
With an extensive ecosystem, many types of business-supported functions have used cases. How little does an old world investor care?
As the emergence of Web 3 applications on the Ethereum platform will result in greater demand for ETH when combined with Ethereum (ETH) hardness after the upgrade, The Merge, which causes ETH to eventually enter a "refract" condition.
Ethereum ETF approvals follow this year's Bitcoin ETF. It is expected that the Spot ETH ETF will be approved by may 2024, the month SEC will have to make a final decision for multiple applications.

Currently, there are people who apply for the Spot Ethereum ETF including BlackRock, VanEck, ARK 21Shares, Fidelity and Invesco Galaxy, Grayscale and Hashdex from SEC.

The SEC must decide VanEck's offer by 23 may, ARK 21Shares by 24 may, Hashdex by 30 may, Grayscale by 18 June and Invesco by 5 July.
The section of fidelity and blackrock must be decided by August 3 and August 7, 2024.

#ETH #Write2Earn‬ #ETFs. $ETH

📢 Top Crypto News Highlights of this week📢

• Millennium Management: One of the world’s largest hedge funds, disclosed $2B in Bitcoin.
• Bracebridge Capital: Announced $262M in ARK 21Shares ETF and $81M in BlackRock’s IBIT.
• Point72: Steven Cohen’s $34B hedge fund held $77.5M in Fidelity BTC ETF (FBTC) as of Q1.
• Wisconsin Investment Board: Reported $162M in Bitcoin ETF holdings.
• Genesis: Will start returning 97% of owned assets to customers.
• Crypto Industry: Backs House Bill heading for final vote.

#CryptoNews🚀🔥 #cryptonews #ETFs. #ETFs #etf