Bitcoin ETFs Exceed 1 Million BTC Holdings, Surpassing $72.5 Billion Market Cap
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Bitcoin exchange-traded funds (ETFs) in the United States have now collectively surpassed 1 million BTC in holdings, translating to a market capitalization exceeding $72.5 billion.
This significant milestone follows a surge in inflows totaling $896 million over just one day, according to CoinGlass, up from $827 million the previous day. Notably, BlackRock’s iShares Bitcoin Trust (IBIT) has received the majority of these inflows, amassing 429,190 BTC.
This significant milestone follows a surge in inflows totaling $896 million over just one day, according to CoinGlass, up from $827 million the previous day. Notably, BlackRock’s iShares Bitcoin Trust (IBIT) has received the majority of these inflows, amassing 429,190 BTC.
Original Source: https://cryptodnes.bg/en/bitcoin-etfs-exceed-1-million-btc-holdings-surpassing-72-5-billion-market-cap/
It seems to me that as long as there is this type of news, confidence will increase in those who have never had BTC, they know that this investment is now safe.
And not only that, here it is Clearly shown how the Transactions with BTC are going:
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What's more, Bitcoin monthly transactions are at a record high. The number of Bitcoin transactions in October reached 20.1 million as of publication, breaking past July's previous peak of 19.51 million transactions.
Original Source:https://www.theblock.co/post/323802/bitcoin-edges-close-to-all-time-high-as-it-marks-its-sweet-16th-birthday?utm_source=rss&utm_medium=rss
