ETFBitcoin
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The 2024 Bull Market is definitely the most burning Bull Market, and newcomers don't know what to do here.
1. The 2024 web3 network has been greatly developed and slowly accepted by the mainstream. Among them, BTCHalving, the Federal Reserve cut interest rates, and Bitcoin EFT approved convergence.
Second, most of the nods pay attention to Brother Dao to ask a few questions about the age of most of the rookie fans
1. Don't know what to ambush?
2, every day to see the square blogger recommended in, but do not understand the position management, do not know the specific point result is confused (the blogger sent out, is almost formed, including the knife brother himself, because the square is like this you do not send hot spots and no traffic
3. Follow the hot spot to chase the high and kill the fall (this is the most), what is the difference between this and betting on the dog?
$BTC $DOGE $ETH
#BTC #ETH #ETFBitcoin #BinanceWish #crypto2024catch
1. The 2024 web3 network has been greatly developed and slowly accepted by the mainstream. Among them, BTCHalving, the Federal Reserve cut interest rates, and Bitcoin EFT approved convergence.
Second, most of the nods pay attention to Brother Dao to ask a few questions about the age of most of the rookie fans
1. Don't know what to ambush?
2, every day to see the square blogger recommended in, but do not understand the position management, do not know the specific point result is confused (the blogger sent out, is almost formed, including the knife brother himself, because the square is like this you do not send hot spots and no traffic
3. Follow the hot spot to chase the high and kill the fall (this is the most), what is the difference between this and betting on the dog?
$BTC $DOGE $ETH
#BTC #ETH #ETFBitcoin #BinanceWish #crypto2024catch
BlackRock and Fidelity Bitcoin Exchange-Traded Funds (ETFs) secure positions among the top 10 in January fund inflows.
#ETFBitcoin #etf #sanor016CommUNITY #sanor016 #binanceusers
#ETFBitcoin #etf #sanor016CommUNITY #sanor016 #binanceusers
Including GBTC, ETFs Hold 3.8% of Max Bitcoin Supply:
-XBT Providerâs Bitcoin Tracker One (COINXBT) is the biggest Bitcoin exchange-traded fund (ETF) worldwide, with $7.11 billion in total assets. The Bitcoin futures ETF was launched in Sweden in 2015, and also ranked as the overall top crypto ETF.
-ProShares Bitcoin Strategy ETF (BITO) and Purpose Bitcoin ETF (BTCC) follow further behind, as the second and third biggest Bitcoin ETFs. BITO, a US-incorporated Bitcoin futures ETF, has $1.64 billion in total assets. Meanwhile, Canada-incorporated BTCC is the biggest spot Bitcoin ETF with $1.55 billion in total assets.
-Germany-incorporated ETC Group Physical Bitcoin (BTCE) is the only other Bitcoin ETF with more than a billion in total assets.
14 spot Bitcoin ETFs made it into the top 20 rankings, but only account for a 38.5% share of the total assets. In contrast, the 6 Bitcoin futures ETFs represent a disproportionate 61.6% of total assets, across the 20 biggest Bitcoin ETFs. This perhaps indicates that traditional finance leans toward derivatives for Bitcoin exposure, rather than Bitcoin itself.
-Overall, the 20 biggest Bitcoin ETFs have between $54.86 million to $7.11 billion in total assets. Even so, these 20 Bitcoin ETFsâ combined $16.00 billion asset size is outweighed by Grayscale Bitcoin Trustâs $27.14 billion total assets.
How Many Bitcoins Are in ETFs?
ETFs hold around 793,034 BTC in total worldwide, representing 3.8% of the maximum 21 million Bitcoin supply. This includes Grayscale Bitcoin Trust (GBTC), which is pending SEC approval to convert from a close-ended unit trust to an ETF. Excluding GBTC, existing ETFs account for just 0.8% of maximum Bitcoin supply.
-While ETF providers control only a minority supply of Bitcoin currently, US approval of spot Bitcoin ETFs is expected to drive up investor demand. It remains to be seen whether traditional financial institutions will have an outsized influence over Bitcoin in the future.
#ETFBitcoin
-XBT Providerâs Bitcoin Tracker One (COINXBT) is the biggest Bitcoin exchange-traded fund (ETF) worldwide, with $7.11 billion in total assets. The Bitcoin futures ETF was launched in Sweden in 2015, and also ranked as the overall top crypto ETF.
-ProShares Bitcoin Strategy ETF (BITO) and Purpose Bitcoin ETF (BTCC) follow further behind, as the second and third biggest Bitcoin ETFs. BITO, a US-incorporated Bitcoin futures ETF, has $1.64 billion in total assets. Meanwhile, Canada-incorporated BTCC is the biggest spot Bitcoin ETF with $1.55 billion in total assets.
-Germany-incorporated ETC Group Physical Bitcoin (BTCE) is the only other Bitcoin ETF with more than a billion in total assets.
14 spot Bitcoin ETFs made it into the top 20 rankings, but only account for a 38.5% share of the total assets. In contrast, the 6 Bitcoin futures ETFs represent a disproportionate 61.6% of total assets, across the 20 biggest Bitcoin ETFs. This perhaps indicates that traditional finance leans toward derivatives for Bitcoin exposure, rather than Bitcoin itself.
-Overall, the 20 biggest Bitcoin ETFs have between $54.86 million to $7.11 billion in total assets. Even so, these 20 Bitcoin ETFsâ combined $16.00 billion asset size is outweighed by Grayscale Bitcoin Trustâs $27.14 billion total assets.
How Many Bitcoins Are in ETFs?
ETFs hold around 793,034 BTC in total worldwide, representing 3.8% of the maximum 21 million Bitcoin supply. This includes Grayscale Bitcoin Trust (GBTC), which is pending SEC approval to convert from a close-ended unit trust to an ETF. Excluding GBTC, existing ETFs account for just 0.8% of maximum Bitcoin supply.
-While ETF providers control only a minority supply of Bitcoin currently, US approval of spot Bitcoin ETFs is expected to drive up investor demand. It remains to be seen whether traditional financial institutions will have an outsized influence over Bitcoin in the future.
#ETFBitcoin
More money has gone into the bitcoin-ETF in the last 4 days than in the first 4 weeks of trading. The statistic was made by a 10-fold decrease in GBTC sales đž
Open interest in crypto futures reached (https://twitter.com/WuBlockchain/status/1758009331675791477) the level of fall 2021, that is, actually reached the maximum of the past bull market. CME, Binance and Bybit are the leaders in terms of trading volume. Not a financial tip, but futures trading records usually appear before a correction đȘ
Another lucky person (https://twitter.com/lookonchain/status/1757793045872070700) was the first to buy a token at the start of trading and made $2 million in 12 hours. The case was with AIUS token, however, to be the first buyer had to pay a commission of 35 ETH ($97k) đ§Ș
The new FDUSD stablecoin accounts for 38% of all transactions on Binance, its share on the exchange grew by 42.6% in January đ
Bakkt will sell $150 million worth of its own shares to avoid shutdown
#Bitcoin⏠#ETFBitcoin #Write2Earn
Open interest in crypto futures reached (https://twitter.com/WuBlockchain/status/1758009331675791477) the level of fall 2021, that is, actually reached the maximum of the past bull market. CME, Binance and Bybit are the leaders in terms of trading volume. Not a financial tip, but futures trading records usually appear before a correction đȘ
Another lucky person (https://twitter.com/lookonchain/status/1757793045872070700) was the first to buy a token at the start of trading and made $2 million in 12 hours. The case was with AIUS token, however, to be the first buyer had to pay a commission of 35 ETH ($97k) đ§Ș
The new FDUSD stablecoin accounts for 38% of all transactions on Binance, its share on the exchange grew by 42.6% in January đ
Bakkt will sell $150 million worth of its own shares to avoid shutdown
#Bitcoin⏠#ETFBitcoin #Write2Earn
Bitcoin breaks out of another range after 9 weeks of consolidation next resistance is near $60,000 00.
#BTC #ETFBitcoin #sanor016CommUNITY #sanor016 #BinanceSqaure
#BTC #ETFBitcoin #sanor016CommUNITY #sanor016 #BinanceSqaure
JUST IN: đșđž Spot #BitcoinâŻâŻâŻ ETF applicant Bitwise drops new Bitcoin ETF ads đ
This is a big and great news for all ceypto traders
its mean #ETFBitcoin very near
#BinanceWish #BRC20Tokens #btctoath #binance
This is a big and great news for all ceypto traders
its mean #ETFBitcoin very near
#BinanceWish #BRC20Tokens #btctoath #binance
These Developments Show That The Bitcoin Bullish Momentum Is Far From Over.
#BTC #ETFBitcoin #sanor016CommUNITY #sanor016 #BinanceSqaure
#BTC #ETFBitcoin #sanor016CommUNITY #sanor016 #BinanceSqaure
Key Definitions of #BTC #ETFBitcoin
An ETF is a type of financial product that tracks the price of a specific asset, index, or basket of assets and is bought and sold on a stock exchange. Generally, ETFs provide an avenue to invest in various assets while allowing the flexibility to trade on an exchange. As such, they often serve as a practical tool for diversifying market exposure.
With the advent of crypto, two major types of BTC ETFs emerged: futures and spot. A futures bitcoin ETF invests in contracts betting on BTCâs future price, providing exposure to its price movements without holding the cryptocurrency. A spot bitcoin ETF has to hold the underlying asset, reflecting its price more directly, which makes owning its shares more akin to owning BTC itself. You can refer to this Binance Academy article for a more detailed comparison.
Bitcoin trusts are another somewhat similar vehicle, differing in structure and operation. A trust acts more like a traditional investment fund, holding actual BTC. Investors own shares that represent a piece of the digital asset pool held by the trust. However, unlike ETFs, trusts are subject to premiums or discounts, meaning the price of a share could significantly diverge from the value of the underlying BTC it represents.
Grayscale Bitcoin Trust (GBTC) launched in 2015 to become the first publicly traded bitcoin fund in the U.S. As of early December 2023, Grayscaleâs application to turn GBTC into a spot ETF is under consideration by the Securities and Exchange Commission (SEC). The first bitcoin futures ETF went live on the New York Stock Exchange Arca in October 2021. Now, several such products are available to U.S. investors. Of all the instruments described in this section, only spot bitcoin ETFs remain out of reach, though many believe this could soon change.
Seeking SEC Approval
ContdâŠ..next
An ETF is a type of financial product that tracks the price of a specific asset, index, or basket of assets and is bought and sold on a stock exchange. Generally, ETFs provide an avenue to invest in various assets while allowing the flexibility to trade on an exchange. As such, they often serve as a practical tool for diversifying market exposure.
With the advent of crypto, two major types of BTC ETFs emerged: futures and spot. A futures bitcoin ETF invests in contracts betting on BTCâs future price, providing exposure to its price movements without holding the cryptocurrency. A spot bitcoin ETF has to hold the underlying asset, reflecting its price more directly, which makes owning its shares more akin to owning BTC itself. You can refer to this Binance Academy article for a more detailed comparison.
Bitcoin trusts are another somewhat similar vehicle, differing in structure and operation. A trust acts more like a traditional investment fund, holding actual BTC. Investors own shares that represent a piece of the digital asset pool held by the trust. However, unlike ETFs, trusts are subject to premiums or discounts, meaning the price of a share could significantly diverge from the value of the underlying BTC it represents.
Grayscale Bitcoin Trust (GBTC) launched in 2015 to become the first publicly traded bitcoin fund in the U.S. As of early December 2023, Grayscaleâs application to turn GBTC into a spot ETF is under consideration by the Securities and Exchange Commission (SEC). The first bitcoin futures ETF went live on the New York Stock Exchange Arca in October 2021. Now, several such products are available to U.S. investors. Of all the instruments described in this section, only spot bitcoin ETFs remain out of reach, though many believe this could soon change.
Seeking SEC Approval
ContdâŠ..next
đ€ All ETF race participants have made final changes to their applications
BlackRock, VanEck, Valkyrie, Fidelity, WisdomTree, Bitwise, Franklin Templeton, Invesco and Galaxy have made final changes to their spot Bitcoin ETF applications. Similar changes were previously made by Ark.
Notably, BlackRock listed Jane Street and JPMorgan as authorized participants in its fund.
Just a few weeks ago, JPMorgan CEO Jamie Dimon called on the US authorities to ban cryptocurrencies.
At the same time, Fidelity set the lowest commission of 0.39%.
Invesco said it will not charge any fees at all for the first six months of ETF trading.
#BTC #ETH! #ETFBitcoin
$BTC $ETH $SOL
BlackRock, VanEck, Valkyrie, Fidelity, WisdomTree, Bitwise, Franklin Templeton, Invesco and Galaxy have made final changes to their spot Bitcoin ETF applications. Similar changes were previously made by Ark.
Notably, BlackRock listed Jane Street and JPMorgan as authorized participants in its fund.
Just a few weeks ago, JPMorgan CEO Jamie Dimon called on the US authorities to ban cryptocurrencies.
At the same time, Fidelity set the lowest commission of 0.39%.
Invesco said it will not charge any fees at all for the first six months of ETF trading.
#BTC #ETH! #ETFBitcoin
$BTC $ETH $SOL
đ BlackRock plans to plan its $10M ETF on Jan. 3, 2024. - Bloomberg reports
#BlackRock #ETFBitcoin #ETFRally #ETFTrends
#BlackRock #ETFBitcoin #ETFRally #ETFTrends
Exploring the Highs and Lows of Crypto Analyst Predictions.
#sanor016CommUNITY #sanor016 #BinanceSqaure #CryptoAnalysis" #ETFBitcoin
#sanor016CommUNITY #sanor016 #BinanceSqaure #CryptoAnalysis" #ETFBitcoin
