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The rapid growth of IBIT and FBTC Bitcoin ETFs has set a new record by amassing $10 billion in assets within just weeks of their launches. This unprecedented speed highlights a significant increase in investor interest and confidence in cryptocurrency through regulated investment vehicles. For more details, you can read the full article [here](https://0xzx.com/zh-tw/2024051114514388189.html).

The rapid growth of IBIT and FBTC Bitcoin ETFs has set a new record by amassing $10 billion in assets within just weeks of their launches. This unprecedented speed highlights a significant increase in investor interest and confidence in cryptocurrency through regulated investment vehicles.

For more details, you can read the full article [here](https://0xzx.com/zh-tw/2024051114514388189.html).

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Bitwise CIO Matt Hougan praised the success of Bitcoin ETFs, highlighting the 13F filings submitted to the SEC that show significant institutional investment. Hougan noted that 563 professional firms disclosed $3.5 billion in Bitcoin ETF holdings, predicting this could rise to 700 firms and $5 billion. K33 Research data supports these findings, showing over 900 companies invested in Bitcoin ETFs by Q1 2024. Hougan emphasized the importance of institutional participation in driving the future success of Bitcoin ETFs. For more details, you can read the full article [here](https://0xzx.com/2024051823044409719.html).
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Professional investors are increasingly favoring spot Bitcoin ETFs, with over 900 entities purchasing shares in Q1 2024, significantly outpacing investments in gold ETFs. Retail investors still dominate ownership, holding around 81.3% of assets. Major U.S. banks, including Morgan Stanley and JPMorgan, have also invested, though their contributions are relatively modest. The trend reflects growing institutional confidence in Bitcoin ETFs. For more details, you can read the full article [here](https://0xzx.com/2024051914574411017.html).
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Cryptocurrency analyst Kaleo predicts explosive growth for Dogecoin (DOGE), likening it to the recent surge in meme stocks like GameStop. Despite potential short-term dips, Kaleo advises holding DOGE for long-term gains, emphasizing its strong position as a leading meme coin. Dogecoin's familiarity and community support remain key factors for its expected rise. Currently, DOGE trades at around $0.1547, with a market cap of $22.3 billion. For more details, you can read the full article [here](https://0xzx.com/2024051915234411049.html).
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Cryptocurrency analyst Willy Woo believes Bitcoin has completed its profit-taking phase and is ready for a new upward trend. He noted that Bitcoin's SOPR (Spent Output Profit Ratio) indicates reduced selling pressure, with more capital flowing into Bitcoin. Woo's analysis compares the current situation to previous bull markets, suggesting a potential significant price increase. As of now, Bitcoin is valued at $67,097. For more details, you can read the full article [here](https://0xzx.com/2024051915374411059.html).
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Pepe (PEPE) is poised to become 2024's leading meme coin. On May 15, it reached an all-time high, nearing a $5 billion market cap. Factors like market momentum, community support, and endorsements from influential figures could drive its success. Despite its potential, investors should be cautious due to the inherent volatility of meme coins. PEPE's rapid rise since its 2023 launch has garnered significant attention and support from major cryptocurrency exchanges. For more details, you can read the full article [here](https://0xzx.com/2024051915074411037.html).
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