#BitcoinETF aims for two major milestones: $1M trading volume and $BTC surpassing $100K. π―
Upon reaching each goal, 5% of token supply will be burned, and transaction fees will decrease by 1%. π₯βοΈ
When do you anticipate #BTCETF will achieve these targets? π
π @BlackRock now leads in assets managed by #Bitcoin#ETFs, quickly challenging #Grayscale's dominance! π
While @Grayscale saw outflows, BlackRock's iShares Bitcoin Trust (#IBIT) surged to $19.5B AUM as of May 29.
The fee differential plays a key role, with IBIT at 0.25% vs. Grayscale's 1.5%. π
Will Grayscaleβs new mini spot Bitcoin ETF shift the market dynamics? π€π
#BTCETF has its sights set on two major aims: reaching $1M in trading volume and seeing $BTC hit $100K. π―
With every milestone reached, 5% of the token supply is burned, and transaction fees decrease by 1%. π₯
What's your prediction for when #BTCETF will achieve these goals?
Millennium Management reveals $1.9 billion in #Bitcoin#ETF holdings, part of a wave of institutional investment in #Crypto.
Other asset managers like Pine Ridge and Schonfeld Strategic Advisors are also joining in.
With more institutions entering the space, do you think #Cryptocurrency will become a staple in mainstream portfolios? πΌπ°
#BTCETF aims for two big goals: hitting $1M in #Trading volume and $BTC reaching $100K. π―π
Each milestone achieved burns 5% of the token supply and reduces transaction fees by 1%. π₯βοΈ
What's your forecast for when #BTCETF will accomplish these targets? ππ
Watch out for potential scams associated with #BitcoinETF! π¨
Things to keep in mind:
We donβt contact you first.
No official support channels exist.
Always verify URLs before sharing wallet info.
Stay vigilant and report suspicious accounts! β οΈ
Grayscale's Q1 revenue holds steady at $156M despite a significant $17.4B outflow after converting $GBTC to a #Bitcoin#ETF. π
With fierce competition from lower-fee funds, how can @Grayscale differentiate itself to retain investor interest?
#CryptoNews#BitcoinETF
$BTC grapples with $62K as post-halving βboredomβ grips #Bitcoin bulls. While a potential trend continuation looms, short-term price action lacks inspiration.
Letβs dive in. π
π Susquehanna International Group dives deep into #Bitcoin with over $1.1B invested in various Bitcoin #ETFs, highlighting a major shift to digital assets in its portfolio! π
Largest holdings in @Grayscale and others!
What do you think this means for the future of institutional interest in #Crypto? π
#CryptoNews #BitcoinETF
#BitcoinETFs may "bring about new buyers, traders and institutions ... that otherwise would not be getting involved in the more speculative small-cap crypto market," @ETFProfessor says.
Listen to the CoinDesk Markets Week in Review π
Spotify: https://t.co/8MMbRRvfir
#BTCETF has its eyes on two major objectives: achieving $1M in trading volume and #BTC reaching $100K. π―π
With each milestone reached, 5% of the token supply gets burned and transaction fees decrease by 1%. π₯βοΈ
When do you predict #BTCETF will reach these goals? ππ
π¨ Beware of fraudulent #BitcoinETF assistance accounts! β οΈ
1οΈβ£ We never initiate contact first.
2οΈβ£ There are no official support channels.
3οΈβ£ Always double-check URLs before sharing wallet details.
Remain alert, report, and block suspicious accounts! π‘οΈπ
.@BlackRock's spot #bitcoinETF product $IBIT recorded its first-ever day of outflows on Wednesday, with $36.9 million exiting the fund.
Watch "Chart of the Day" explain the data, presented by @cryptocom: https://t.co/J7gEesTI2t
#Bitcoin#ETF outflows hit record levels as stakeholders withdrew $563.7 million on May 1st. π
Despite the dip, experts like James Seyffart reassure the #Crypto community that ETF operations remain smooth.
Do you believe ETF flows significantly impact #Bitcoin's price trends? π€
.@BlackRock's tokenized #RWA fund BUIDL has become the largest of its kind after hitting $375 million, toppling Franklin Templeton's rival offering.
https://t.co/i2Zfc0Rlma