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BlackRock filed its Bitcoin ETF with the SEC in June 2023. In July 2023, Larry Fink made his first public appearance on live TV supporting Bitcoin. When it launched in January 2024, BlackRock’s Bitcoin ETF became the most successful ETF debut in history. #eft #Bitcoin #BullRun
BlackRock filed its Bitcoin ETF with the SEC in June 2023.

In July 2023, Larry Fink made his first public appearance on live TV supporting Bitcoin.

When it launched in January 2024, BlackRock’s Bitcoin ETF became the most successful ETF debut in history.

#eft #Bitcoin #BullRun
What is Block Chain ? Blockchain is a decentralized, distributed ledger technology that records transactions across multiple computers in a way that makes them tamper-resistant and immutable. Each block in the chain contains a cryptographic hash of the previous block, along with transaction data, creating a secure and transparent record of transactions. It's most commonly known for its use in cryptocurrencies like Bitcoin, but its applications extend to various industries such as finance, supply chain management, healthcare, and more.#HotTrends #ETH #Halvingwhitbianance #BTC #eft
What is Block Chain ?

Blockchain is a decentralized, distributed ledger technology that records transactions across multiple computers in a way that makes them tamper-resistant and immutable. Each block in the chain contains a cryptographic hash of the previous block, along with transaction data, creating a secure and transparent record of transactions. It's most commonly known for its use in cryptocurrencies like Bitcoin, but its applications extend to various industries such as finance, supply chain management, healthcare, and more.#HotTrends #ETH #Halvingwhitbianance #BTC #eft
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Bullish
Huge LONG🟱 A strong falling wedge right there. It's soon going to break the upper resistance. Multiple tests already complete. #wif #btc #eth #eft #bullish
Huge LONG🟱

A strong falling wedge right there.
It's soon going to break the upper resistance.
Multiple tests already complete.

#wif #btc #eth #eft #bullish
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Ethereum Leads Market with $150M+ Inflows as Recent Slump Happens Ethereum has seen a remarkable market recovery recently, with Ethereum bucking the trend significantly and defying the recent price decline. According to a report by CoinShares, this latest surge in inflows has brought total inflows since the beginning of the year to $862 million, the highest level since 2021. This surge is largely due to the recent launch of spot ETFs. In contrast, short Bitcoin-related exchange-traded products saw their largest outflows since May 2023, reaching $16 million (23% of assets under management). Cryptocurrency funds flows The positive trend also extended to investment products linked to Solana, Ripple and Cardano, which recorded weekly inflows of $4.5 million, $0.7 million and $0.6 million. Overall, cryptocurrency investment products saw inflows of $176 million as investors saw recent price declines as a buying opportunity. It has since rebounded to $85 billion, according to CoinShares estimates. #eft
Ethereum Leads Market with $150M+ Inflows as Recent Slump Happens
Ethereum has seen a remarkable market recovery recently, with Ethereum bucking the trend significantly and defying the recent price decline.

According to a report by CoinShares, this latest surge in inflows has brought total inflows since the beginning of the year to $862 million, the highest level since 2021.
This surge is largely due to the recent launch of spot ETFs.

In contrast, short Bitcoin-related exchange-traded products saw their largest outflows since May 2023, reaching $16 million (23% of assets under management).

Cryptocurrency funds flows The positive trend also extended to investment products linked to Solana, Ripple and Cardano, which recorded weekly inflows of $4.5 million, $0.7 million and $0.6 million.

Overall, cryptocurrency investment products saw inflows of $176 million as investors saw recent price declines as a buying opportunity.
It has since rebounded to $85 billion, according to CoinShares estimates.

#eft
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Institutional Investors Take Advantage of Ethereum’s Decline, ETF Inflows Rise Significant Inflows into Ethereum ETFs: Following a 23% 24-hour drop in Ethereum ETFs in the US saw inflows of $49 million on August 5. This represents the second-highest day of inflows for the ETFs since their launch, highlighting strong institutional interest despite recent market volatility. The surge in inflows follows a period of weak inflows, suggesting that institutional investors have taken advantage of the opportunity to buy Ethereum at lower prices. ETF expert James Seyfart confirmed this trend on August 6, noting that investors in these funds may have taken advantage of the significant drop in Ethereum’s price to increase their investments. For his part, Matt Hogan, CTO, noted that the majority of investor interest was focused on Ethereum, although there was some interest in buying Bitcoin as well. BlackRock’s ETHA Fund Leads Inflows: Among Ethereum ETFs, BlackRock’s ETHA Fund stood out with inflows of $47.09 million, bringing its total assets to $760 million. #etherreum #eft $ETH
Institutional Investors Take Advantage of Ethereum’s Decline, ETF Inflows Rise

Significant Inflows into Ethereum ETFs:
Following a 23% 24-hour drop in Ethereum ETFs in the US saw inflows of $49 million on August 5.
This represents the second-highest day of inflows for the ETFs since their launch, highlighting strong institutional interest despite recent market volatility.
The surge in inflows follows a period of weak inflows, suggesting that institutional investors have taken advantage of the opportunity to buy Ethereum at lower prices.
ETF expert James Seyfart confirmed this trend on August 6, noting that investors in these funds may have taken advantage of the significant drop in Ethereum’s price to increase their investments.
For his part, Matt Hogan, CTO, noted that the majority of investor interest was focused on Ethereum, although there was some interest in buying Bitcoin as well.
BlackRock’s ETHA Fund Leads Inflows: Among Ethereum ETFs, BlackRock’s ETHA Fund stood out with inflows of $47.09 million, bringing its total assets to $760 million.
#etherreum
#eft
$ETH
🚹 Bitcoin: Digital Gold or Legitimate Financial Instrument? đŸȘ™Larry Fink CEO of BlackRock 🌀 #BinanceTurns7 Today, the world of finance received a bold statement from Larry Fink, CEO of BlackRock, as he likened Bitcoin to "digital gold." This declaration marks a significant shift in the narrative surrounding cryptocurrencies, particularly Bitcoin, which has long been debated in financial circles for its legitimacy and value. It's intriguing to reflect on how opinions have evolved. Just five years ago, the sentiment towards Bitcoin was often dismissive or skeptical, with many viewing it solely as a speculative asset or even a passing fad. However, as we stand in the present, the landscape has transformed. Larry Fink's acknowledgment of Bitcoin as akin to gold speaks volumes about the growing acceptance and integration of cryptocurrencies into mainstream financial strategies. In my view, the designation of Bitcoin as digital gold underscores its perceived store-of-value characteristics. Similar to gold, Bitcoin is finite in supply, decentralized, and increasingly recognized as a hedge against inflation and economic instability. These attributes are crucial in understanding why institutional investors, like those at BlackRock, are beginning to view cryptocurrencies not just as speculative tools but as legitimate components of a diversified portfolio. Moreover, the endorsement on CNBC news further solidifies Bitcoin's standing in the financial ecosystem. The media plays a pivotal role in shaping public perception and investor sentiment, and such mainstream coverage serves to demystify cryptocurrencies and highlight their potential benefits. Nevertheless, while Bitcoin's rise to prominence is undeniable, challenges remain. Regulatory scrutiny, market volatility, and technological advancements are ongoing considerations that could influence its future trajectory. As individuals and institutions alike navigate this evolving landscape, a cautious yet open-minded approach is essential. Ultimately, whether Bitcoin is deemed digital gold or a legitimate financial instrument, its journey from skepticism to acceptance reflects broader shifts in how we perceive and utilize digital assets in the global economy. As discussions continue and innovations unfold, one thing remains certain: the intersection of finance and technology continues to redefine our understanding of value and investment opportunities. $BTC {future}(BTCUSDT) #Megadrop #BlackRock⁩ #eft

🚹 Bitcoin: Digital Gold or Legitimate Financial Instrument? đŸȘ™

Larry Fink CEO of BlackRock 🌀 #BinanceTurns7
Today, the world of finance received a bold statement from Larry Fink, CEO of BlackRock, as he likened Bitcoin to "digital gold." This declaration marks a significant shift in the narrative surrounding cryptocurrencies, particularly Bitcoin, which has long been debated in financial circles for its legitimacy and value.
It's intriguing to reflect on how opinions have evolved. Just five years ago, the sentiment towards Bitcoin was often dismissive or skeptical, with many viewing it solely as a speculative asset or even a passing fad. However, as we stand in the present, the landscape has transformed. Larry Fink's acknowledgment of Bitcoin as akin to gold speaks volumes about the growing acceptance and integration of cryptocurrencies into mainstream financial strategies.
In my view, the designation of Bitcoin as digital gold underscores its perceived store-of-value characteristics. Similar to gold, Bitcoin is finite in supply, decentralized, and increasingly recognized as a hedge against inflation and economic instability. These attributes are crucial in understanding why institutional investors, like those at BlackRock, are beginning to view cryptocurrencies not just as speculative tools but as legitimate components of a diversified portfolio.
Moreover, the endorsement on CNBC news further solidifies Bitcoin's standing in the financial ecosystem. The media plays a pivotal role in shaping public perception and investor sentiment, and such mainstream coverage serves to demystify cryptocurrencies and highlight their potential benefits.
Nevertheless, while Bitcoin's rise to prominence is undeniable, challenges remain. Regulatory scrutiny, market volatility, and technological advancements are ongoing considerations that could influence its future trajectory. As individuals and institutions alike navigate this evolving landscape, a cautious yet open-minded approach is essential.
Ultimately, whether Bitcoin is deemed digital gold or a legitimate financial instrument, its journey from skepticism to acceptance reflects broader shifts in how we perceive and utilize digital assets in the global economy. As discussions continue and innovations unfold, one thing remains certain: the intersection of finance and technology continues to redefine our understanding of value and investment opportunities.
$BTC
#Megadrop #BlackRock⁩ #eft
Alert for this Boom! đŸ’„đŸ’„đŸ’„â€Œïž Pay attention! If you guys are happy for today it’s just due to ETH etf decision so pay attention Tomorrow is very important so please keep open your eyes it’s 50/50 chance that ETH wins #eth #eft #MyFirstFeedPost Hello, Binance Square!
Alert for this Boom! đŸ’„đŸ’„đŸ’„â€Œïž
Pay attention!
If you guys are happy for today it’s just due to ETH etf decision so pay attention Tomorrow is very important so please keep open your eyes it’s 50/50 chance that ETH wins
#eth #eft #MyFirstFeedPost Hello, Binance Square!
Shiba Inu How High Will SHIB Go If a Bitcoin ETF is Approved? in January 2024. #shiba #btc #eft The cryptocurrency community is buzzing with excitement over the potential approval of a spot Bitcoin (BTC) ETF by the US SEC (Securities and Exchange Commission). Bloomberg analysts give a 95% chance of the regulatory body greenlighting one or more applications this month. Many expect a positive market response, with meme coins like Shiba Inu (SHIB) possibly benefiting. Bard presents an optimistic scenario where both BTC and SHIB could experience a 20-30% surge. In this case, SHIB's price might climb to as high as $0.00001248. It's important to note, however, that Bard doesn't anticipate SHIB reaching its all-time high of $0.00008616 in this particular scenario. As with any market projections, uncertainties prevail, and other factors may also influence Shiba Inu's price beyond the ETF approval. "Writing content and conducting research require a considerable amount of effort. Your small tips are very valuable for creators. After reading the post, please provide some tips so that the creator can appreciate and further contribute to reliable research. Thank you."
Shiba Inu
How High Will SHIB Go If a Bitcoin ETF is Approved?
in January 2024.
#shiba #btc #eft
The cryptocurrency community is buzzing with excitement over the potential approval of a spot Bitcoin (BTC) ETF by the US SEC (Securities and Exchange Commission). Bloomberg analysts give a 95% chance of the regulatory body greenlighting one or more applications this month. Many expect a positive market response, with meme coins like Shiba Inu (SHIB) possibly benefiting.

Bard presents an optimistic scenario where both BTC and SHIB could experience a 20-30% surge. In this case, SHIB's price might climb to as high as $0.00001248. It's important to note, however, that Bard doesn't anticipate SHIB reaching its all-time high of $0.00008616 in this particular scenario. As with any market projections, uncertainties prevail, and other factors may also influence Shiba Inu's price beyond the ETF approval.

"Writing content and conducting research require a considerable amount of effort. Your small tips are very valuable for creators. After reading the post, please provide some tips so that the creator can appreciate and further contribute to reliable research. Thank you."
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đŸ’«Grayscale submitted the updated version of the Spot Ethereum Mini ETF S-1 application. đŸ’«Grayscale filed an updated version of its Spot Ethereum Mini ETF S-1 application. #eth #eft $ETH {spot}(ETHUSDT)
đŸ’«Grayscale submitted the updated version of the Spot Ethereum Mini ETF S-1 application.

đŸ’«Grayscale filed an updated version of its Spot Ethereum Mini ETF S-1 application.

#eth #eft $ETH
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Bearish
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ETH Withdrawals from Exchanges Rise: Why? According to data based on the Glassnode platform, a significant increase in Ethereum (ETH) withdrawals from trading platforms has been recorded. These withdrawals could be driven by investors' obsession with spot ETFs that will be due to enter the market starting on July 23. Leon Weidman, a cryptocurrency analyst at BTC-ECHO, explained that this trend reflects a strong interest from Ethereum (ETH) investors, as these investors withdraw their assets from trading platforms, which is usually considered a strong bullish indicator. According to published data, Ethereum (ETH) investors withdrew the equivalent of $126 million from trading platforms within just seven days. A peak in exchange reserves was recorded after Ethereum (ETH) reached a three-year high above $4,000. As the hype around spot ETFs increases, Weidman expects a significant rise in the price of Ethereum, indicating that the next rise may be soon. Ethereum (ETH) is currently trading at $3,500, with a 1% rise over the past 24 hours, with trading volume down 15% to $13.3 billion. $ETH {spot}(ETHUSDT) $BTC {spot}(BTCUSDT) #ETHETFsApproved #eft #ETFvsBTC
ETH Withdrawals from Exchanges Rise: Why?

According to data based on the Glassnode platform, a significant increase in Ethereum (ETH) withdrawals from trading platforms has been recorded.
These withdrawals could be driven by investors' obsession with spot ETFs that will be due to enter the market starting on July 23.
Leon Weidman, a cryptocurrency analyst at BTC-ECHO, explained that this trend reflects a strong interest from Ethereum (ETH) investors, as these investors withdraw their assets from trading platforms, which is usually considered a strong bullish indicator.
According to published data, Ethereum (ETH) investors withdrew the equivalent of $126 million from trading platforms within just seven days.

A peak in exchange reserves was recorded after Ethereum (ETH) reached a three-year high above $4,000.

As the hype around spot ETFs increases, Weidman expects a significant rise in the price of Ethereum, indicating that the next rise may be soon.
Ethereum (ETH) is currently trading at $3,500, with a 1% rise over the past 24 hours, with trading volume down 15% to $13.3 billion.
$ETH
$BTC
#ETHETFsApproved
#eft
#ETFvsBTC
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VanEck and 21Shares’ Solana ETFs Removed from Cboe Website The disappearance has raised questions about whether the applications have been withdrawn or if they face other challenges. Missing Application Process and Notices: VanEck and 21Shares filed their Form 19b-4 petitions on July 8, after submitting their S-1 documents in June. These forms are essential to the ETF approval process. The S-1 forms outline a fund’s application, while the 19b-4 is intended to inform the SEC of a proposed rule change by a self-regulatory organization. After a 19b-4 is filed, the SEC typically opens a 240-day review window. However, the SEC has yet to issue any filing notices for the Solana ETFs. The absence of these notices, coupled with the removal of the documents from Cboe’s website, has raised speculation that the applications may have been withdrawn. This situation has created uncertainty among investors about the future of these ETFs. VanEck and 21Shares were hoping to capitalize on the growing interest in cryptocurrency-linked ETFs. However, experts such as Katalin Tischhauser of Sygnum Bank point out that the Solana ETF may not be approved before 2026. #eft
VanEck and 21Shares’ Solana ETFs Removed from Cboe Website
The disappearance has raised questions about whether the applications have been withdrawn or if they face other challenges.
Missing Application Process and Notices:
VanEck and 21Shares filed their Form 19b-4 petitions on July 8, after submitting their S-1 documents in June.
These forms are essential to the ETF approval process.
The S-1 forms outline a fund’s application, while the 19b-4 is intended to inform the SEC of a proposed rule change by a self-regulatory organization.
After a 19b-4 is filed, the SEC typically opens a 240-day review window.
However, the SEC has yet to issue any filing notices for the Solana ETFs.
The absence of these notices, coupled with the removal of the documents from Cboe’s website, has raised speculation that the applications may have been withdrawn.
This situation has created uncertainty among investors about the future of these ETFs.

VanEck and 21Shares were hoping to capitalize on the growing interest in cryptocurrency-linked ETFs.

However, experts such as Katalin Tischhauser of Sygnum Bank point out that the Solana ETF may not be approved before 2026.
#eft
$ICP The only signal I can see right now is the W pattern. Hoping it bounces back which totally depends on the market rn. High chances icp may bounce back to 13-14$, as not all coins depends on BTC. Let's ride together . #dyor #icp #eth #eft #btc
$ICP

The only signal I can see right now is the W pattern.
Hoping it bounces back which totally depends on the market rn.

High chances icp may bounce back to 13-14$, as not all coins depends on BTC.

Let's ride together .

#dyor #icp #eth #eft #btc
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Major Shifts in Spot Bitcoin ETF Flows Bitcoin ETFs have seen significant shifts in inflows and outflows over the past week, reflecting a shift in market sentiment. Betcoin ETFs recorded a net outflow of $169 million between August 5 and 9, highlighting the divergence of investor strategies in this volatile market. Grayscale Bitcoin ETF Major Outflows The Grayscale Bitcoin ETF (GBTC) recorded a significant outflow of $392 million, indicating a potential shift in investor sentiment or asset reallocation. The fund is a major player in the Bitcoin ETF market, making this outflow worth noting. On the flip side, BlackRock’s iShares Bitcoin Trust (IBIT) and WisdomTree’s Bitcoin ETF (BTCW) saw notable positive inflows. IBIT received $220 million inflows, reflecting heightened investor interest. Similarly, the BTCW Fund saw an inflow of $129 million, indicating the growing popularity of Bitcoin ETFs. It also reflects the impact of market trends, regulatory developments, and general economic conditions on investor behavior. #eft
Major Shifts in Spot Bitcoin ETF Flows

Bitcoin ETFs have seen significant shifts in inflows and outflows over the past week, reflecting a shift in market sentiment.
Betcoin ETFs recorded a net outflow of $169 million between August 5 and 9, highlighting the divergence of investor strategies in this volatile market.
Grayscale Bitcoin ETF Major Outflows
The Grayscale Bitcoin ETF (GBTC) recorded a significant outflow of $392 million, indicating a potential shift in investor sentiment or asset reallocation.
The fund is a major player in the Bitcoin ETF market, making this outflow worth noting.
On the flip side, BlackRock’s iShares Bitcoin Trust (IBIT) and WisdomTree’s Bitcoin ETF (BTCW) saw notable positive inflows.
IBIT received $220 million inflows, reflecting heightened investor interest.
Similarly, the BTCW Fund saw an inflow of $129 million, indicating the growing popularity of Bitcoin ETFs.

It also reflects the impact of market trends, regulatory developments, and general economic conditions on investor behavior.
#eft
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