Cryptocurrency markets have tumbled amid net outflows from spot Bitcoin ETFs, but recent data suggests this decline is slowing and the BTC price has returned to $70,000. Outflows from Grayscale Investments' GBTC were limited to $17 million, and this seems to have given positive signals to the market after the large outflows in the previous days. On the other hand, it appears that net inflows into spot Bitcoin ETFs exceeded $12 billion, and some of the outflows were directed to other ETFs with low commission fees.
GBTC Status
Grayscale Investments announced that it recorded a total net outflow of $15 billion from GBTC in the last three months. Compared to other ETFs, Blackrock's spot Bitcoin ETF currently holds $17 billion worth of BTC, so outflows from GBTC don't seem that concerning.
Cryptocurrency Market Expectations
ContentFi Labs COO Nick Ruck and Grayscale Investments CEO Michael Sonneshein state that weakening outflows in GBTC are a positive sign for cryptocurrency markets. According to Sonneshein, the slowdown in outflows is an indication that the market is starting to reach equilibrium, and this should be taken seriously by investors in the market. It is thought that detailed information about bankrupt companies and large GBTC investors strengthens these comments.
PLEASE READ CAREFULLY FOR A GIFT OF 10 DOLLARS.
My friends, you know that we, the publishers, are doing everything we can for you here. We are informing you about the services and facilities offered to us by our authorities. I have never stopped supporting both the Cryptocurrency market and you as much as I could, and on the contrary, I am trying to provide more support.
THIS 10 DOLLAR GIFT CAMPAIGN IS A CAMPAIGN MADE SPECIALLY FOR ME BY BINACE. YOU CAN GET CONFIRMATION ABOUT THIS BY CONTACTING LIVE HELP. THIS IS A 10 DOLLAR CAMPAIGN MADE TO YOU THROUGH ME.
Now I will tell you how to receive your gift. First of all, Binance users who have registered with someone's reference and actively use futures transactions will unfortunately not be able to benefit from this promotion.
So who will benefit?
Our friends who have not activated the futures section yet, while activating your FUTURES trading section, you will earn 10 dollars when you open it by entering my reference code 88623008.
I EXPLAIN IN DETAIL.
My brothers and sisters who have become a Binance member without reference, please listen carefully;
When you do what I say, you will receive 10 USDT.
Enter the Futures Section from your application,
On the next screen, open your account by entering the code 88623008 in the REFERENCE CODE section,
My brothers and sisters who want to complete this transaction and receive the 10 USDT reward by MAY 1 can do so. After activating your account, all you have to do is open your first futures transaction.
The first 1,000 brothers to open a 200 USDT transaction by MAY 1 will receive a 10 USDT reward.
So let me give you a tactic like this: Even if you open and close 20x with a $5 transaction, you will be entitled to the reward.
However, even if you do this after May 1, your reward will not come. So get it done by May 1st. In fact, right now I say you can fix it in 5 seconds.
Very simple. Go to Futures, enter my reference code 88623008 and activate the account. Afterwards, just open a total of 200 USDT transactions and get 10 USDT reward.
WHEN WILL THE AWARD COME?
Your 10 dollar reward will arrive in the REWARDS section of your Binance application within 30 days, starting from May 1st. By activating it from there, you can use your reward of 10 dollars, or more than 300 liras, in futures transactions.
You can help your friends in need by sharing this post.
BY THE WAY, MY BROTHERS, PLEASE DON'T MISS YOUR LIKES. EVERY SHARE IS FOR YOU. SO DON'T WITHHOLD YOUR SUPPORT. IF YOU HAVE NOT FOLLOWED YET, DON'T FORGET TO FOLLOW. KIND REGARDS.
