Bitcoin ETFs Receive $870M in Inflows
Listed spot Bitcoin ETFs in the United States yesterday saw an increase of over $870 million in net inflows, making it the third-highest day for inflows since their launch in January.
Listed spot Bitcoin ETFs in the United States yesterday saw an increase of over $870 million in net inflows, making it the third-highest day for inflows since their launch in January.
Glassnode and Bitwise’s head of research, AndrĂ© Dragosch, reported this week that there are currently 1,678 entities holding at least 1,000 BTC.
Despite rumors of a potential sale or liquidation, electric vehicle company Tesla still appears to hold its entire Bitcoin investment, which is currently valued at $780 million.
The computational power of Bitcoin has recently reached an unprecedented high, as reported by Glassnode.
The SEC has approved changes to stock exchange rules that will allow for the listing of options tied to spot bitcoin ETFs.
Robinhood has made a major announcement to broaden its range of services by offering futures for Bitcoin and Ethereum.
Kraken has announced the release of its own ERC-20 representation of Bitcoin, called kBTC, on October 17.

"A purely peer-to-peer version of electronic cash would allow online
payments to be sent directly from one party to another without going through a
financial institution." - Satoshi Nakamoto (Bitcoin White Paper)
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