Global crypto investment products: $500M outflows, Bitcoin drops 12% post-SEC ETF approval. GBTC faces substantial outflows; spot BTC ETFs see $1.8B inflows. Evolving market dynamics.
EdmundBitwise's spot Bitcoin ETF sets a precedent with transparent holdings' addresses. Will other ETFs, like BlackRock, follow suit? Positive community response and philanthropy amplify Bitwise's impact in the crypto space.
EdmundNine Bitcoin ETF issuers, accumulating over 95,000 BTC valued at $4 billion, outpace Grayscale's holdings. Top players include iShares and Fidelity, reflecting a shift in investor sentiment towards Bitcoin ETFs. Diverse issuers contribute to a total AUM of $4 billion, contrasting with GBTC's $2.8 billion outflow.
BerniceTether expands bitcoin holdings to 66,465 BTC with a $380 million acquisition, affirming a consistent accumulation strategy. The stablecoin issuer diversifies into bitcoin mining and commits to regular investments.
Huang BoTether accumulates Bitcoin, now holding $3 billion worth, potentially among top 10 BTC holders. Increased holdings speculated from Bitfinex and reinvestment of profits. Bitcoin's ETF anticipation boosts price amid institutional interest. Major financial players enter crypto realm.
EdmundBitcoin's price and network stability are challenged by a surge in Ordinals minting, leading to high fees and significant trader liquidations.
Huang Bo
JinseFinanceSentiment in the crypto community is at an all-time low, leading to fresh speculation that Bitcoin is a dying asset.
CointelegraphAnalytics provider Glassnode reports that long-term BTC holders are reducing their spending and increasing their positions.
CointelegraphIn the first two months of 2022, 1,817 cryptocurrency ATMs were installed globally. Last year, 2,435 cryptocurrency ATMs were installed in the same time window.
Cointelegraph