💰 JUST IN: Spot bitcoin ETFs log $79 million in net inflows, reaching the fifth consecutive day of positive flows -

$BTC #BTCETF_COIN

🇺🇸 JUST IN: Bitcoin ETFs saw $294 million in inflows yesterday, the highest in a month.
$BTC #BTCETF_COIN

After #BTCETF_COIN & #ETHETFs next stop ETF looks for #Solana bcz:

🪐 solana is in top 5 by mc

🪐solana has high transaction speed

🪐 solana has low gas fee

🪐solana always preferred for memes

🪐Lot of dapps have been created of SOL

🪐Both NFTs&DFTs can be created of solana

#solanAnalysis #SolanaStrong

#BTCETF_COIN

*Bitcoin ETFs See Significant Inflow of 15,000 BTC in One Week*

Bitcoin ETFs have seen a significant inflow of 15,000 BTC in just one week, signaling growing institutional interest in the cryptocurrency. Michael Saylor, CEO of MicroStrategy, has hailed the milestone, citing the convenience and accessibility of Bitcoin ETFs for investors.

Grayscale Bitcoin Trust (GBTC) led the way with an inflow of 13,000 BTC, followed by iShares Bitcoin Trust (IBIT) and Fidelity Wise Origin Bitcoin Trust (FBTC). This surge in demand suggests that investors are increasingly looking to Bitcoin as a viable asset class.

Bitcoin ETFs provide a convenient way for investors to gain exposure to Bitcoin without directly holding the cryptocurrency. This influx of institutional investment could be a significant driver of Bitcoin's growth and adoption in the future.

Key points:

- Bitcoin ETFs see a significant inflow of 15,000 BTC in a week
- Michael Saylor, MicroStrategy's CEO, hails the milestone
- Grayscale Bitcoin Trust (GBTC) leads the inflow with 13,000 BTC
- iShares Bitcoin Trust (IBIT) and Fidelity Wise Origin Bitcoin Trust (FBTC) also see significant inflows
- The inflow suggests growing institutional interest in Bitcoin
- Bitcoin ETFs provide a convenient way for investors to gain exposure to Bitcoin without directly holding the cryptocurrency

#btc
#writetoearn
#write2earn

$BTC
btc forming assanding Triangle Pattern
If we break the resistance, then we have 75000. A target of up to 80000 will be available.
We have to hold the trend line If we break the trend line So we will stop it 67,100and full support, if they break, we will show 64000 and 65000.
#BlackRock #bitcoin #BTCETF_COIN

$BTC

Currently, Bitcoin (BTC) is forming a triangle pattern, indicating potential for a significant price move. If BTC holds above the $67,000 level and pushes towards and beyond $70,000, this could signal a bullish breakout. The RSI suggests a possible pullback to the $68,000 region, but if Bitcoin maintains support around $68,000 and then breaks above $70,000, it would be a strong signal for entering a long position with a target of $75,000 to $76,000. A bull market, characterized by rising prices and positive investor sentiment, could be underway. Historically, during bull markets, Bitcoin has shown significant upward momentum, breaking through resistance levels and setting new all-time highs. For example, in the 2017 bull run, BTC rose from around $1,000 to nearly $20,000, and in the 2020-2021 bull run, it surged from $10,000 to over $60,000. These periods were marked by sustained buying pressure, minimal pullbacks, and consistent higher highs. If similar patterns emerge now, it could indicate another substantial rise. Investors should watch for confirmation of a breakout above $70,000 and consider long positions accordingly. Monitoring key levels and market sentiment will be crucial in making informed trading decisions. Overall, Bitcoin's current setup suggests a promising opportunity for gains if it successfully navigates the critical support and resistance levels.
A bull market is a period of rising prices and strong investor confidence, often driven by positive economic indicators and high demand for assets. During bull markets, Bitcoin (BTC) typically exhibits significant upward momentum, breaking through resistance levels and establishing new all-time highs. Historically, BTC has seen dramatic increases in value during these periods, as seen in the 2017 bull run where it surged from around $1,000 to nearly $20,000, and the 2020-2021 run where it rose from $10,000 to over $60,000. These phases are marked by sustained buying pressure, minimal pullbacks, and consistent setting of higher highs.
#BTC☀
#ETHETFsApproved
#BTCETF_COIN
#Write2Earn!

Australia launches the first spot Bitcoin ETF

Australia has officially joined a team of pioneering countries in the field of Bitcoin investment, including Hong Kong, Canada and the US, with the launch of the first spot Bitcoin ETF fund that allows investors to hold Bitcoin directly.
Australia's first spot Bitcoin ETF named Monochrome Bitcoin ETF (IBTC), will officially be available on the Cboe Australia exchange on Tuesday, June 4. This is an important step forward, marking the development of the digital asset market in this country.
Although Australia previously had a number of Bitcoin-related trading products on the exchange, Monochrome Asset Management's IBTC was the first fund to be licensed under the Australian Financial Services (AFS) new crypto asset regulation in 2021. This means that IBTC will be allowed to hold Bitcoin directly, instead of through derivatives as before. Monochrome is committed to ensuring the safety of IBTC's Bitcoin holdings by storing them offline in dedicated, non-Internet devices and using a custody solution that meets Australia's strict standards.
Monochrome CEO Jeff Yew shared that he expects IBTC to attract great interest from investors, based on the steady growth of indirect Bitcoin ETF products in recent months.
Not only stopping at Bitcoin, Monochrome also plans to launch a similar ETH ETF, which will also directly hold Ethereum. The company is also actively exploring other opportunities in the digital asset sector to meet the growing demand of investors.
The birth of IBTC is considered an important turning point, which can promote investment capital inflows into the Bitcoin market in Australia and contribute to the development of the blockchain industry in general.$BTC #BTCETF_COIN