USBitcoinETF
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📊 @CryptoQuant Quicktake CEO, Ki Young Ju, revealed that institutional investors hold roughly 20% of US spot #Bitcoin ETFs.
According to the Form 13F filing, asset management firms control about 193,000 $BTC
#BitcoinETFs #InstitutionalInvestors #USBitcoinETF #TrendingTopic
According to the Form 13F filing, asset management firms control about 193,000 $BTC
#BitcoinETFs #InstitutionalInvestors #USBitcoinETF #TrendingTopic
bkash doller sell. and bey.cantace...01770341103#HotTrends #BTC #PYTH #pixel #USBitcoinETF $BTC $SOL $SOL
US Bitcoin ETFs Face Longest Outflow Streak!
US Bitcoin ETFs are experiencing their longest streak of daily net outflows since their January launch, as global markets retreat from riskier assets. Mixed US jobs data and deflationary pressures in China have heightened uncertainty, with Bitcoin dropping around 7% in September. Political factors, including Donald Trump’s rising pro-crypto stance, may also be influencing market sentiment. Bitcoin’s year-to-date rally now stands at about 30%, down from its March peak.
What’s your next move?
Are you holding, buying the dip, or exploring new opportunities? 💼🚀
Comment below!
#USBitcoinETF #CPI_BTC_Watch
#Cryptotoday #Blockchain2024
What’s your next move?
Are you holding, buying the dip, or exploring new opportunities? 💼🚀
Comment below!
#USBitcoinETF #CPI_BTC_Watch
#Cryptotoday #Blockchain2024
U.S. Bitcoin ETFs Surpass MicroStrategy as Biggest Corporate $BTC Holders
Date: Monday, July 15, 2024, 07:15 AM GMT
In a big shift in the cryptocurrency market, two U.S. spot Bitcoin exchange-traded funds (ETFs) have overtaken MicroStrategy as the largest corporate holders of Bitcoin $BTC . This shift marks a significant milestone since the launch of these ETFs just six months ago.
BlackRock's IBIT has emerged as the most popular U.S. spot Bitcoin ETF. According to data from Coinglass, IBIT now holds 316,284 $BTC , valued at approximately $18.3 billion at current prices.
Source: CoinGlass
Another ETF making substantial gains is Grayscale's GBTC. Despite initial resistance due to its high management fees, GBTC now holds 272,666 $BTC , also worth around $18.3 billion. Its popularity has surged among institutional investors in recent months.
These holdings surpass those of MicroStrategy, the previous leader in corporate Bitcoin holdings. Michael Saylor's company, which recently acquired more Bitcoin through senior notes, now holds 226,331 $BTC .
Source: bitcointreasuries
This shift highlights the growing institutional interest in Bitcoin ETFs, reshaping the landscape of corporate Bitcoin holdings.
#USBitcoinETF #MicroStrategу
In a big shift in the cryptocurrency market, two U.S. spot Bitcoin exchange-traded funds (ETFs) have overtaken MicroStrategy as the largest corporate holders of Bitcoin $BTC . This shift marks a significant milestone since the launch of these ETFs just six months ago.
BlackRock's IBIT has emerged as the most popular U.S. spot Bitcoin ETF. According to data from Coinglass, IBIT now holds 316,284 $BTC , valued at approximately $18.3 billion at current prices.
Source: CoinGlass
Another ETF making substantial gains is Grayscale's GBTC. Despite initial resistance due to its high management fees, GBTC now holds 272,666 $BTC , also worth around $18.3 billion. Its popularity has surged among institutional investors in recent months.
These holdings surpass those of MicroStrategy, the previous leader in corporate Bitcoin holdings. Michael Saylor's company, which recently acquired more Bitcoin through senior notes, now holds 226,331 $BTC .
Source: bitcointreasuries
This shift highlights the growing institutional interest in Bitcoin ETFs, reshaping the landscape of corporate Bitcoin holdings.
#USBitcoinETF #MicroStrategу
🇺🇲🔥Shiba Inu (SHIB) Mentioned on TV by USA's Top Network
#ShibaInu (#SHIB ) has just made a news report on KUTV, a popular television channel located in Utah, United States. Memecoin took part in the program "Eye On Your Money" hosted by Cristina Flores.
Flores noted that SHIB has made a voice in the crypto Sunday and that the project has partnered with K9 Finance to bring more innovation. Flores noted that Bitcoin (BTC) recently reached an all-time high, and SHIB is also moving along this path.
Will Shiba Inu (SHIB) recover after the news comes out?
Despite the news, SHIB has been facing a significant correction since yesterday. The asset fell by 10.5% on the daily charts and by 10.4% on the weekly charts. However, the popular memecoin still showed an increase of 138.2% on the 14-day charts and 217.6% compared to the previous month. Moreover, the price of SHIB has increased by 166.5% since March 2023.
SHIB's recent correction is probably due to the fact that Bitcoin (BTC) has fallen below the $ 68 thousand level. BTC's correction is probably due to investors' fears after the US inflation figures increased in February. In addition, the Federal Reserve may postpone an interest rate cut due to high CPI (Consumer Price Index) figures.
CoinCodex, however, predicts that the Shiba Inu (SHIB) will recover soon. The platform expects the SHIB to erase zero on April 12, 2024 and reach $ 0.000110. Reaching $0.000110 from current levels will translate into growth of over 267%.
The asset may continue to recover in April due to the impact of the halving of BTC event. If BTC regains its all-time high, we may witness a new rise in the crypto markets. Moreover, if the US economy improves next month, this may push the price of SHIB even higher.
#binance #memecoin #USBitcoinETF
#ShibaInu (#SHIB ) has just made a news report on KUTV, a popular television channel located in Utah, United States. Memecoin took part in the program "Eye On Your Money" hosted by Cristina Flores.
Flores noted that SHIB has made a voice in the crypto Sunday and that the project has partnered with K9 Finance to bring more innovation. Flores noted that Bitcoin (BTC) recently reached an all-time high, and SHIB is also moving along this path.
Will Shiba Inu (SHIB) recover after the news comes out?
Despite the news, SHIB has been facing a significant correction since yesterday. The asset fell by 10.5% on the daily charts and by 10.4% on the weekly charts. However, the popular memecoin still showed an increase of 138.2% on the 14-day charts and 217.6% compared to the previous month. Moreover, the price of SHIB has increased by 166.5% since March 2023.
SHIB's recent correction is probably due to the fact that Bitcoin (BTC) has fallen below the $ 68 thousand level. BTC's correction is probably due to investors' fears after the US inflation figures increased in February. In addition, the Federal Reserve may postpone an interest rate cut due to high CPI (Consumer Price Index) figures.
CoinCodex, however, predicts that the Shiba Inu (SHIB) will recover soon. The platform expects the SHIB to erase zero on April 12, 2024 and reach $ 0.000110. Reaching $0.000110 from current levels will translate into growth of over 267%.
The asset may continue to recover in April due to the impact of the halving of BTC event. If BTC regains its all-time high, we may witness a new rise in the crypto markets. Moreover, if the US economy improves next month, this may push the price of SHIB even higher.
#binance #memecoin #USBitcoinETF
