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 Spot Bitcoin ETFs accumulate 300K BTC as net inflow rises to 6B

Spot Bitcoin ETFs accumulate 300K BTC as net inflow rises to 6B


Published: 2024-02-27


1. Bitcoin ETFs gaining popularity: The article highlights the increasing popularity of spot Bitcoin ETFs,which have accumulated over 300,000 BTC. This trend indicates a growing interest from investors in gaining exposure to Bitcoin through regulated financial instruments.

2. Institutional adoption of Bitcoin: The accumulation of 300,000 BTC by spot Bitcoin ETFs suggests a significant influx of institutional investors into the crypto space. This institutional adoption is a positive sign for the legitimization and mainstream acceptance of Bitcoin as an investment asset.

3. Impact on Bitcoin market dynamics: The growing presence of spot Bitcoin ETFs and the accumulation of such a significant amount of BTC could have substantial implications for the Bitcoin market. It could contribute to increased liquidity,price stability,and potentially even drive further price appreciation as more institutional capital flows into the market.


Reference: cointelegraph.com

The most traded coin


(Update every 1 hour)
at from is ($US) turnover ($)
1 BTC title=BTC 69,503.07 2,325,051,711.90
2 ETH title=ETH 3,396.21 1,446,145,631.75
3 ARS title=ARS 1,134.70 1,428,714,167.80
4 SOL title=SOL 182.52 775,458,860.06
5 PEPE title=PEPE <0.01 255,798,376.23
6 WIF title=WIF 2.80 195,683,854.24
7 XRP title=XRP 0.53 152,960,165.15
8 RUNE title=RUNE 7.20 136,417,590.70
9 DOGE title=DOGE 0.16 131,802,446.07
10 NEAR title=NEAR 8.19 101,139,888.47
11 FTM title=FTM 0.93 100,427,030.41
12 BONK title=BONK <0.01 91,802,909.33
13 LINK title=LINK 17.00 88,962,607.82
14 RNDR title=RNDR 10.76 81,356,530.98
15 BOME title=BOME 0.01 79,318,965.85
16 PYTH title=PYTH 0.45 72,601,331.12
17 ENA title=ENA 0.77 69,064,146.79
18 AVAX title=AVAX 38.27 64,367,480.29
19 PENDLE title=PENDLE 5.78 62,040,067.17
20 UNFI title=UNFI 5.17 57,823,960.03
21 FLOKI title=FLOKI <0.01 56,562,784.50
22 WLD title=WLD 4.93 52,490,061.47
23 SUI title=SUI 1.13 52,253,576.51
24 ADA title=ADA 0.49 49,518,392.83
25 ORDI title=ORDI 42.98 47,114,054.40
26 OP title=OP 2.78 46,655,241.05
27 FIL title=FIL 6.01 46,562,777.17
28 RSR title=RSR <0.01 45,078,140.69

Coins with rapidly rising prices


(Update every 1 minute)
at from is ($US) more (%)
1 Unifi Protocol DAO title=UNFI 5.17 +28.03
2 Pendle title=PENDLE 5.78 +22.68
3 BEAMX title=BEAMX 0.03 +21.73
4 Pyth Network title=PYTH 0.45 +20.55
5 Ether.fi title=ETHFI 3.79 +16.68
6 Reserve Rights title=RSR <0.01 +16.22
7 Injective title=INJ 27.78 +14.37
8 Ethereum Name Service title=ENS 16.48 +14.37
9 Raydium title=RAY 2.04 +14.27
10 Lido DAO title=LDO 1.97 +14.09
11 Bittensor title=TAO 412.00 +13.72
12 Theta Network title=THETA 2.43 +13.58
13 Optimism title=OP 2.78 +12.71
14 GMX title=GMX 32.40 +12.38
15 dogwifhat title=WIF 2.80 +11.60
16 Tensor title=TNSR 0.90 +11.38
17 Pepe title=PEPE <0.01 +11.31
18 Kusama title=KSM 31.97 +11.20
19 Wrapped Beacon ETH title=WBETH 3,527.99 +10.86
20 Magic title=MAGIC 0.75 +10.76
21 Ethereum title=ETH 3,396.21 +10.70
22 Massive Protocol title=MAV 0.39 +10.69
23 Chromia title=CHR 0.36 +10.69
24 GALA title=GALA 0.05 +10.60
25 Metis title=METIS 64.97 +10.47
26 Immutable title=IMX 2.49 +10.23
27 Saga title=SAGA 2.30 +10.02
28 Celo title=CELO 0.90 +9.95
29 Dymension title=DYM 2.80 +9.92
30 SelfKey title=KEY <0.01 +9.84

Bitcoin's Greed and Fear Index.

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70
Greed

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at news day date time
1 FOMC Member Mester Speaks Monday 20-05-2024 19:00
2 Treasury Sec Yellen Speaks Tuesday 21-05-2024 09:00
3 FOMC Member Waller Speaks Tuesday 21-05-2024 14:00
4 FOMC Member Barkin Speaks Tuesday 21-05-2024 14:00
5 FOMC Member Williams Speaks Tuesday 21-05-2024 14:05
6 FOMC Member Bostic Speaks Tuesday 21-05-2024 14:10
7 FOMC Member Barr Speaks Tuesday 21-05-2024 16:45
8 FOMC Member Mester Speaks Wednesday 22-05-2024 00:00
9 Existing Home Sales Wednesday 22-05-2024 15:00
10 Crude Oil Inventories Wednesday 22-05-2024 15:30
11 FOMC Meeting Minutes Wednesday 22-05-2024 19:00
12 Unemployment Claims Thursday 23-05-2024 13:30
13 Flash Manufacturing PMI Thursday 23-05-2024 14:45
14 Flash Services PMI Thursday 23-05-2024 14:45
15 New Home Sales Thursday 23-05-2024 15:00
16 Natural Gas Storage Thursday 23-05-2024 15:30
17 FOMC Member Bostic Speaks Thursday 23-05-2024 20:00
18 Core Durable Goods Orders m/m Friday 24-05-2024 13:30
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20 FOMC Member Waller Speaks Friday 24-05-2024 14:35
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