New Record for BlackRock’s Bitcoin ETF! 🚀
Within the first 20 minutes of trading, the volume surpassed $1 billion, a figure usually achieved over a full day. This highlights the strong demand for BlackRock's Bitcoin ETF.
Top Crypto News:
1. Celestia's native token $TIA worth approximately $900 million will be unlocked today.
2. Microstrategy has announced a massive profit of over $8.4 billion from their #Bitcoin position.
3. U.S. Banks now sitting on real estate losses of $750 billion as of the end of the 3rd quarter! This is 7x larger than the total during the Global Financial Crisis.
JUST IN: Total spot #Bitcoin ETF trading volume surpasses $4.5 billion today.
• BlackRock: $3,300,592,515
• Fidelity: $548,084,739
• Grayscale: $388,230,348
• ARK Invest: $136,048,673
• Bitwise: $130,402,168
• VanEck: $39,580,884
• Invesco: $17,365,883
• Franklin: $9,852,353
• WisdomTree: $6,770,258
• Valkyrie: $6,052,531
• Hashdex: $58,168
The Government of Bhutan Sells Bitcoin!
In the last hour, Bhutan transferred 929 BTC (worth $66 million) from its wallets to Binance. Currently, they still hold 12,456 BTC (about $886.8 million) on their balance.
Digital asset investment products saw inflows of $901m, with inflows this month representing 12% of total assets under management, making it the 4th largest month of inflows on record.
Total inflows this year now total $27bn, nearly triple the 2021 record, with inflows of $10.5bn.
Bitcoin saw inflows of $920m while Ethereum saw $35m outflows
Top Financial News.
1. International Monetary Fund (IMF) upgrades Russia to world's fourth-largest economy based on purchasing power parity.
2. China now facing an all-time high of $800 Billion worth of defaults for non-standard debt
3. BlackRock’s $IBIT bought $165.5M worth of Bitcoin on Oct. 24.
Its total #Bitcoin holdings currently is at 399,402 $BTC.
Addresses with less than 1 #bitcoin only account for 7.2% of the circulating supply.
Читать полностью…Bitcoin spot ETF had a total net outflow of $54.9403 million on November 1, the first net outflow after the net inflow in the past 7 days. Ethereum spot ETF had a total net outflow of $10.9256 million.
Читать полностью…While the market was hit by Tether FUD and Bitcoin briefly dropped to $65,500, over in Lugano, Switzerland, there was no time for gloom: they sent a symbolic Bitcoin rocket… made of drones, straight to the Moon!
Looks like Lugano has decided that if the price won’t take Bitcoin to new heights, the drones surely will!
#SOL, #JITO, #ATOM, and #JUP are standout performers in a week of mixed results for the crypto markets. Despite Bitcoin's decline, meme coins have gained attention. If current trends continue, market sentiment may shift toward fear (#FUD), potentially signaling a bounce next week.
Читать полностью…BTC Glassnode: Net capital inflows into Bitcoin accelerated, increasing by $21.8 billion (+3.3%) over the past 30 days.
This suggests that liquidity is growing rapidly, and significant capital inflows support rising prices.