Bitwise has submitted a Bitcoin ETF application to the SEC, aiming to offer investors exposure to Bitcoin without direct ownership. Approval could drive wider adoption among traditional investors, including institutions and retail participants. While the SEC has previously rejected similar proposals over concerns about market manipulation and transparency, Bitwise has provided detailed data to address these issues. If approved, the ETF could attract significant capital and boost the Bitcoin ecosystem.
Bitwise has submitted a Bitcoin ETF application to the SEC, aiming to offer investors exposure to Bitcoin without direct ownership. Approval could drive wider adoption among traditional investors, including institutions and retail participants. While the SEC has previously rejected similar proposals over concerns about market manipulation and transparency, Bitwise has provided detailed data to address these issues. If approved, the ETF could attract significant capital and boost the Bitcoin ecosystem.
Bitwise has submitted a Bitcoin ETF application to the SEC, aiming to offer investors exposure to Bitcoin without direct ownership. Approval could drive wider adoption among traditional investors, including institutions and retail participants. While the SEC has previously rejected similar proposals over concerns about market manipulation and transparency, Bitwise has provided detailed data to address these issues. If approved, the ETF could attract significant capital and boost the Bitcoin ecosystem. $BTC #BitwiseBitcoinETF
#MarketCorrectionBuyOrHODL Market corrections offer chances to buy at lower prices or hold for long-term gains. Choose wisely based on your strategy, risk tolerance, and market signals.
First, we must reaffirm that we all enter this market to make money, not to invest in technology, buy to profit then sell and run, not because of the technology of this coin and that coin is good. Good, superior tech labels, huge funding rounds or whatever are just labels to create trust; this market grows mainly on trust and there's really no technology here.
AUM (Assets Under Management) refers to the total value of assets that an individual or financial institution manages on behalf of clients. This term is commonly used in investment funds, asset management companies, or other financial services to assess the size and management efficiency of the organization.
Significance of AUM: 1. Measure of size and performance: The larger the AUM, the greater the organization's influence in the market and the more trust it builds with investors. 2. Basis for management fees: Many investment funds charge fees based on a percentage of AUM. 3. Indicator of growth: The increase or decrease in AUM can reflect the cash flow into the fund and the organization's performance.
Example: Imagine an asset management company called ABC Investments. They manage portfolios for various clients, including stocks, bonds, and real estate. If the total value of all the assets they manage for their clients adds up to 1.5 billion USD, then the AUM (Assets Under Management) for ABC Investments is 1.5 billion USD. For instance: - Client A: $500 million in stocks - Client B: $300 million in bonds - Client C: $700 million in real estate
The total AUM = $500M + $300M + $700M = $1.5 billion.
This AUM figure can increase if the assets grow in value, new investments are added, or more clients trust the company to manage their wealth. Conversely, it may decrease if clients withdraw funds or investments decline in value.
Wishing you and your loved ones a festival filled with joy, light, and prosperity. May the glow of diyas illuminate your path with happiness and success. May this Diwali bring warmth to your home and fill your heart with the spirit of love and kindness.
In the past 24 hours, 117,895 traders have been liquidated, with a total liquidation amount of $368.93 million.
The largest single liquidation order occurred on Bitmex - ETHUSD valued at $13.74 million.
This position has been quite volatile lately, so both Long and Short positions have been liquidated 😱
I also mentioned that Dom would be sideways on a larger scale.
=>>>> As mentioned in previous analyses about Bitcoin ETFs, the stakeholders do not want to release $BTC ; they only release, pull altcoins, and then reclaim BTC, not allowing it to drift like last season.
It’s still unclear what their true intentions are, however, this year's Altseason will be quite shocking to you all. Take care.
There are a few individuals who have seen me advise to exit their positions, now come back for more. I never asked anyone to exit their positions or anything, nor do I impose anything on you.
If you want to exit, go ahead; if not, hold tight. Why cry? Those who are strong will profit, and if I'm weak, I'll run away, that's it 😚😚
I will stand by and observe what MM is doing. The target dom is still 59%. There's a possibility of another wave in February like last year.
Are you Short and getting burned? Are you Long and getting burned? If you need to talk late at night,... feel free to comment 🤡🤡 I will ask Teacher Thao to welcome you all 😝
$BNB is on the rise! 🚀 With its strong ecosystem, increasing utility, and growing demand, BNB proves to be a solid investment. Don’t miss out—secure your position before it skyrockets further! 📈 #BNB #CryptoInvestment
The global crypto community has hit a new milestone—18 million users and counting! 🚀 This rapid growth reflects a rising trust in decentralized technologies and digital assets, reshaping the future of finance. From DeFi to NFTs, crypto is empowering individuals to take control of their financial journey, with opportunities that transcend borders and traditional systems. Are you part of this groundbreaking movement yet? The future is digital, and it’s happening now. 🌐 #CryptoUsersHit18M #DecentralizedFuture #DigitalAssets