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US Bitcoin ETFs on the Verge of Controlling 1 Million BTC

2024-08-20 by admin Leave a Comment

According to the latest data collected on Aug. 16, 2024, the 12 spot bitcoin exchange-traded funds (ETFs) collectively hold around 910,153.83 BTC, which translates to over $ 53 billion at the current exchange rates. Leading the pack is Blackrock’s IBIT, holding the largest portion with 38.34% of the total BTC. 12 Spot Bitcoin ETFs …

Bitcoin Breaks $60K Barrier — On the Verge of Outranking Meta by Market Value

2024-02-28 by admin Leave a Comment

Bitcoin broke through the critical $ 60,000 barrier at 8:30 a.m. Eastern Time on Wednesday, reaching a level last seen in November 2021. The leading cryptocurrency’s market value is on the brink of overtaking Meta, positioning it as the ninth most valuable asset in the world by market capitalization. Bitcoin Climbs Past $ …