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@CryptoAustralia

Crypto Australia🇭🇲🇭🇲

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PostedJan 2401/24/2024, 07:53 AM
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📊In the first seven days of Bitcoin ETF trading, significant movements occurred in the market. — Infographic by The Bitcoin Times 💰These trades included the purchase of 112,000 BTC through the ETF, highlighting the growing institutional interest in cryptocurrencies. 🪙At the same time, Grayscale sold 67,000 BTC, which indicates the diversity of asset management strategies among large players. ⛏ Let us remind you that 27,000 BTC are currently mined per month. After the upcoming halving, which will take place in 85 days, monthly production will decrease to 13,500 BTC. 🏛BlackRock deserves special attention. This financial giant acquired an amount of BTC equal to a month's mining volume in just 7 days of trading. This demonstrates the influence of large institutional investors on the market and the potential to change market trends. By Crypto Australia