US Bitcoin ETFs now hold 1 million Bitcoin worth $96 billion
The US-traded Bitcoin ETFs are close to surpassing Satoshi Nakamoto's estimated 1.1 million BTC stash.
Follow crypto ETF news, approvals, inflows, issuers, and market reactions across spot Bitcoin, Ethereum, and digital asset funds.
The filing surprised market analysts, with some of them claiming not to know Hedera and its native token HBAR.
US-traded spot Bitcoin ETFs now represent 66% of their gold counterparts' total assets under management.
BlackRock, Grayscale, and Bitwise might have to wait until April 2025 for a options trading approval on their Ethereum ETFs.
Moreover, only 0.28% of IBIT's Bitcoin stash was sold to cover redeemed shares since launch, indicating user retention.
Staking could enable Ether ETFs to offer near-zero management fees, attracting more investors and solidifying Ethereum's network.
Profit volumes in Bitcoin addresses are 47 higher than losses, while options show record in open interest levels.