The direction of the winds in the cryptocurrency market seems to be changing. Bitcoin (BTC) is regaining popularity among institutional investors. This increased interest led to a surge in trading activity for spot Bitcoin exchange-traded funds (ETFs), reaching a two-week high on May 15. This positive change coincided with the release of important US inflation data on the same day. Consumer Price Index (CPI) data met expectations and led to increased confidence of institutional investors in Bitcoin. This optimism translated into a significant inflow of $303 million into spot Bitcoin ETF products in the US, the highest since May 3.
Great Interest in Bitcoin ETFs
Fidelity Digital Assets' FBTC fund stood out, attracting a massive inflow of $131 million on May 15. This was the fund's highest daily inflow since March 26 and was considered a strong expression of confidence from investors. Bitwise Asset Management's BITB fund also had a big day, recording its best performance since the beginning of March and recording an inflow of $86 million.
Interestingly, BlackRock's IBIT fund, a major player in the Bitcoin ETF space, recorded zero inflows for its third consecutive trading day. However, experts state that this is not a worrying situation and that it depends on the fund's specific investment strategy.
Millennium Management Also Invested
There was an interesting development that stood out in the latest filings of the US Securities and Exchange Commission (SEC). Investment giant Millennium Management, which manages over $64 billion in assets, surprised the market by announcing a significant $2 billion spot Bitcoin ETF portfolio. This announcement showed that ETF analysts' view that only retail investors were buying Bitcoin ETFs was no longer valid.
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.
