Australia's first spot Bitcoin ETF has received approval from the Securities Exchange, marking a significant development in the growing acceptance of cryptocurrency in the financial sector. This approval comes amid a turbulent period for Bitcoin ETFs, with U.S. ETFs experiencing substantial outflows. Specifically, $581 million left Bitcoin ETFs this week, and 8,595 Bitcoins were sold by U.S. ETFs. Additionally, Bitcoin ETFs sold $189,900,000 worth of Bitcoin yesterday. Despite these outflows, Bitcoin's rally is gaining momentum, with Glassnode's charts showing a steady upward trend since the last halving. Additionally, VanEck's Bitcoin ETF will list on Australia's main stock market for the first time.
Updated Bitcoin holdings of Hong Kong 🇭🇰 Bitcoin ETFs👇 https://t.co/ZRJM7fWs2q
Whale activity on exchanges is surging, as shown by the growing top 10 inflows to total inflows ratio. Historically, this spike often leads to price drops. Yet, despite the rapid rise since March 24th, Bitcoin's price has remained steady, likely buoyed by strong spot ETF… https://t.co/WsywHDAhg9
#Bitcoin ETFs sold 8,595 $BTC this week https://t.co/lplUGiXPD2
.@vaneck_us Bitcoin ETF will list on Australia’s main stock market for the first time. https://t.co/wD8ToCMq4f https://t.co/PCXZEsYwXa
🟧 POLL: How many Bitcoin will ETFs buy next week (Week 24)?
Largest Corporate #Bitcoin HODLers 6/14/24👇 $IBIT $GBTC $MSTR $FBTC $ARKB $BITB $MARA $HODL $TSLA $COIN $HUT $BRRR $SQ $CLSK https://t.co/OmtlV1pax4
Week 23 Update 👇 8,595 #Bitcoin sold by the U.S. ETFs https://t.co/Co1YViO5Qc
Bitcoin's rally is gaining momentum and looks promising. Glassnode's charts show a steady upward trend since the last halving, suggesting we may enter a euphoria phase in the coming months. https://t.co/ErN8plveYc
$BTC Bitcoin ETFs had a horrible week of outflows. $581M left the ETFs. Two weeks ago, almost $2B had entered in a week. Retail is not selling $581M worth of Bitcoin. What do you think is happening? Manipulation? The calm before the storm to keep the price below $70K while… https://t.co/nBDb9nZ1w8
Top 80 holders of the #Bitcoin ETFs 👇🏼 https://t.co/lrH25EtK7e
ETF Update: Australian #Bitcoin ETF Approved, US ETFs See Outflow ✅📊🗞️ Click below to find out more 👇👇👇 https://t.co/rdKKP2o1u3 https://t.co/CTmw9bJGOq
#Bitcoin ETFs sold $189,900,000 $BTC yesterday
Australia's first spot Bitcoin ETF has received approval from the Securities Exchange. This milestone marks a significant development in the growing acceptance of cryptocurrency in the financial sector. #Bitcoin #ETF #Australia