2024

Bitcoin ETF

Bitcoin

<ul class="news-points">
 <li><strong>Australia’s new Bitcoin ETF, IBTC, has accumulated 46 BTC, indicating strong interest in Bitcoin investments.</strong></li>
 <li><strong>The Choppiness Index signals potential for substantial Bitcoin price movement, suggesting an impending expansion phase.</strong></li>
 <li><strong>Bitcoin’s current consolidation aligns with historical cycles, paving the way for a traditional and sustained bull run.</strong></li>
</ul>
<p>Australia’s newly launched Bitcoin ETF, IBTC, has accumulated 46 BTC since its debut, signaling growing investor confidence in cryptocurrencies within the <a href="https://coinedition.com/australia-joins-the-bitcoin-race-monochrome-ceo-jeff-yew/" rel="noopener noreferrer nofollow">Australian market</a>.</p>
<p>Noted by crypto analyst Julian Fahrer, the ETF’s strong start reflects growing interest and confidence in Bitcoin investments.</p>
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   <p lang="en" dir="ltr"><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f1e6-1f1fa.png" alt="🇦🇺" class="wp-smiley" style="height: 1em; max-height: 1em;"> Australia's new <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Bitcoin</a> ETF (IBTC) has accumulated 46 BTC since launch <a href="https://t.co/ywdSwdLH4c" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/ywdSwdLH4c</a></p>— Julian Fahrer (@Julian__Fahrer) <a href="https://twitter.com/Julian__Fahrer/status/1801675169532100917?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">June 14, 2024</a>
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<p>Meanwhile, technical indicators suggest potential market shifts. The Choppiness Index, which measures market volatility, is peaking at levels previously seen only before Bitcoin surpassed major cycle all-time highs with significant volume.</p>
<p>This suggests the potential for significant price movement in the near future. Market observers are closely monitoring these ind…</p>
<p>The post <a href="https://coinedition.com/aussie-bitcoin-etf-is-stacking-sats-while-btc-price-stalls/" rel="noopener noreferrer nofollow">Aussie Bitcoin ETF is Stacking Sats While BTC Price Stalls</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

Aussie Bitcoin ETF is Stacking Sats While BTC Price Stalls

Coin Edition

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