BTC ETF status: BlackRock reaches $1 billion in assets
BTC, ETF, current status of BTC ETF: BlackRock’s assets reach US$1 billion, GBTC capital outflow slows down, Golden Finance, analysis of the current status of BTC ETF one week after its launch.

BTC, ETF, current status of BTC ETF: BlackRock’s assets reach US$1 billion, GBTC capital outflow slows down, Golden Finance, analysis of the current status of BTC ETF one week after its launch.
Cathie Wood believes that BTC will become one of the most important assets in history.
Digital asset inflows surged to a record $2.25 billion in 2023, with Bitcoin (BTC) and Solana (SOL) leading. BTC's $1.9 billion influx dominated, while SOL attracted $167 million. Despite setbacks, BTC and SOL maintain stable prices. Market sentiment remains cautious, with funding rates at 0.009% for BTC and 0.01% for SOL. Speculation surrounds BTC's potential dominance in 2024, but competition for the second spot intensifies. Monitoring asset interest distribution is crucial for understanding evolving market dynamics.
From a regulatory perspective, this may indicate pressure on the SEC to approve a spot BTC ETF.
Larry Fink, the CEO of BlackRock, believes that most crypto startups would fail.
Saylor believes that bitcoin is the answer to inflation as the Fed prepares to meet on Sep. 21, 2022.
The impending merger boosts growth in Ethereum investment products and trading volumes as crypto market AUM figures continue to slide amidst a bear market.
The business intelligence firm now owns a total of 129,218 BTC.