Bitcoin ETF

Bitcoin

BlackRock

<ul class="news-points">
 <li><strong>US Bitcoin ETFs amass over 850,000 Bitcoins, signaling growing institutional interest</strong></li>
 <li><strong>BlackRock’s Bitcoin ETF nears the top spot, challenging Grayscale’s dominance</strong></li>
 <li><strong>Bitcoin market cools down, hinting at potential for a major price movement</strong></li>
</ul>
<p>According to the latest updates from venture capital firm HODL15Capital, U.S. Bitcoin ETFs have achieved a historic milestone, accumulating over 850,000 Bitcoins since January 2024. The report also notes that the global ETF market has surpassed 1 billion Bitcoins.</p>
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   <p lang="en" dir="ltr"><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f1fa-1f1f8.png" alt="🇺🇸" class="wp-smiley" style="height: 1em; max-height: 1em;"> Bitcoin ETFs hit a record high of 850,000 BTC held today <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/2705.png" alt="✅" class="wp-smiley" style="height: 1em; max-height: 1em;"><br><br>Global ETFs are closing in on 1 million Bitcoin held <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f9ee.png" alt="🧮" class="wp-smiley" style="height: 1em; max-height: 1em;"></p>— HODL15Capital <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f1fa-1f1f8.png" alt="🇺🇸" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@HODL15Capital) <a href="https://twitter.com/HODL15Capital/status/1793502017979306328?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">May 23, 2024</a>
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<p>The US Bitcoin market has seen <a href="https://farside.co.uk/?p=997" target="_blank" rel="noopener noreferrer nofollow">eight consecutive days</a> of positive net inflows, with a net inflow of $154 million on May 22, 2024. BlackRock’s IBIT led the pack with an inflow of $92 million that day, followed by Fidelity’s FBTC with an inflow of $74.6 million. However, Grayscale Investment’s GBTC experienced a notable outflow of $16.1 million after five consecutive days of positive flows.</p>
<p>Notably, BlackRock’s substantial inflow of $92 million on the eighth day of continuous positive flows could potenti…</p>
<p>The post <a href="https://coinedition.com/institutional-bitcoin-fomo-etfs-hit-850k-btc-blackrock-closes-in/" rel="noopener noreferrer nofollow">Institutional Bitcoin FOMO? ETFs Hit 850K BTC, BlackRock Closes In</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

Institutional Bitcoin FOMO? ETFs Hit 850K BTC, BlackRock Closes In

Coin Edition

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