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For the first time, the immediate Bitcoin-BTC negotiation fund

The FNB Bitcoin Spot Sunday (Bitcoin Spot ETF) Sunday, on Sunday, a ten -year bitcoin is recorded on Sunday – $ 1.03 billion in investment last Friday, after having recorded $ 1.17 billion in its predecessor.

Immediate trade in Bitcoin-Btcon in the FNB Bitcoin American Spot received new investments for two consecutive days, with a value of more than a billion dollars, for the first time since its launch in January 2024.

The most important points:

  • Bitcoin Spot ETF, traveling on American scholarships for the first time, has recorded investments of more than two billion dollars in a row.
  • The Ibit – affiliated with Black Rock – welcomed last Friday in the majority of incoming investments, at $ 953 million.
  • Analysts warn that the continuation of strong investments like this may not last long given the current price levels of the most important digital currency.

According to data from the Fareside website, the 11 ETF Bitcoin Spot (Bitcoin Spot ETF) were recorded, combined by -1.03 billion dollars in investments last Friday after having recorded $ 1.17 billion in its predecessor, where the Black Rock Fund affiliated to IBIT won the Black Rock Fund (Blackrock) Lion lion of these new investments, attracting more than 953.

Only 7 days have recorded investments of more than a billion dollars since the launch of these ETFs

Nate Girassi, president of Novadius Wealth Management, said in a position on her account on the X platform that these funds were witnesses – in just 7 days – investment revenues worth more than two billion dollars of two boxes that have received their investments in the last two days; The highest values recorded in front of them were $ 1.07 billion on January 17, 2024.

The value of incoming investments amounting to $ 1.17 billion last Thursday is the second largest daily value recorded, to come and only secondly after receiving investments of $ 1.37 billion on November 7, 2024, which is the day when Donald Trump won the US presidential elections.

For his part, Matt Hougan, the Bitwise investment, stressed that the production of mining activities on Bitcoin Blockchain reached 450 BTC last Thursday, while Bitcoin Spot Etfs bought around 10,000 currencies.

In addition, Jan3 To analyze the analysis of the blockchain data last Wednesday, the demand for the Bitcoin ETF doubled at around 22 times the currencies of users per day, and its CEO – Samson Mow – warned that the continuation of the demand for this force does not seem likely to look at the current price levels, despite the contribution of the high demand to the reception of new investments, which was the case of 272 billion Dollars in the last five daily commercial sessions.

In the same context, the Bitcoin price launched its new highest levels to $ 112,000, after which it continues to increase and up to $ 118,780 Friday, according to data from the Coinmarketca website, and its launch has helped exceed the value of the assets subject to the management of IBIT funds from the company Blackrock 80 billion dollars for an Eric Balchunas for its appearance ” 374 days.

In addition, BlackRock recently reported that its profitability of the Ibit box had exceeded its main fund, Ishares Core S&P 500 ETF, where Balcunas explained that the total value of the assets subject to the management of various ETF Bitcoin has exceeded $ 140 billion for the first time, driven by the latest price launch.

In addition, Bloomberg has reported that his chief of the ETF expects 95% that the American Committee on Securities and Exchanges (SEC) will approve the creation of trading boxes similar to this Solanna-Sol and Riple-XRP the year, the probability of approval of the 90% previous increases due to the growing optimism with regard to the institutional CRAPTO products.

Bitcoin’s institutional demand is transformed from ETF to the inclusion of currency to treasury assets

Too far from the boxes circulating on the Stock Exchange (ETF), Bitcoin’s institutional demand has spread to reach the assets of corporate treasures, the Japanese company Metaplanet recently bought a BTC balance with a value of 15,500 BTC currencies.

Likewise, the French Blockchain group and the British Smart Web allocated new resources to buy Bitcoin and included it to treasure assets this week, the first value of $ 2.5 million and the second is worth 24.3 million dollars in successive BTC, while the remixed point has aimed to buy 3,000 BTC of money.

The position for the first time, the immediate Bitcoin-BTC negotiation boxes in the US scholarships have experienced investments greater than two billion dollars for two consecutive days appeared first on Arab Cryptonews.

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