Bitcoin News on Nostr: Institutional Demand Drives Bitcoin Spot ETF Holdings to $58B. In a noteworthy ...
Institutional Demand Drives Bitcoin Spot ETF Holdings to $58B.
In a noteworthy development in the crypto sector, the latest statistics display a spike in the spot Bitcoin ETF Holdings. As per Glassnode, a blockchain intelligence platform, the U.S. spot ETFs cumulatively hold nearly 4.6% of the entire Bitcoin supply, representing a staggering valuation of up to $58B.
Published at
2024-10-05 20:37:21Event JSON
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"content": "Institutional Demand Drives Bitcoin Spot ETF Holdings to $58B.\n\nIn a noteworthy development in the crypto sector, the latest statistics display a spike in the spot Bitcoin ETF Holdings. As per Glassnode, a blockchain intelligence platform, the U.S. spot ETFs cumulatively hold nearly 4.6% of the entire Bitcoin supply, representing a staggering valuation of up to $58B. \n https://image.nostr.build/6afdbd7aad8cdf80dad40d2a1a6de8d7e1aeaf9c6279b2e49a11d87c2cbb49f1.jpg ",
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