In a significant milestone for the cryptocurrency industry, the total holdings of global Spot Bitcoin ETFs have surpassed $70 billion, equating to approximately 5% of the total Bitcoin (BTC) supply. This development highlights the increasing institutional interest and investment in Bitcoin as an asset class.
ABOUT AUTHOR
CATEGORIES
- RWA Platform Credbull Launches Private Credit Fund of Up to $500 Million with Remaining High Yield on the Plume Network
- CoinDesk Performance Update 20: XRP Drops 9.2% as Index Drops
- Key Growth Drivers for Wealth Managers in a Competitive Market
- Relm Insurance Introduces BTC-Denominated Policy for Bitcoin Miners
- Bitcoin Isn’t a Safe Haven From Geopolitical Risk, But Still Buy on the Dips: Standard Chartered
- Why You Should (Still) Care About Silvergate
- Binance Crypto Trading Market Share Drops to 4-Year Low: CCData