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ETFbitcoin‬

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Midday dynamics 1. There is only one day left before Bitcoin's block reward halving; 2. Yesterday, the spot Bitcoin ETF had a net outflow of 4 million US dollars; 3. Base released the 6th round of Base builder funding list in 2024; 4. Data shows that the proportion of native staked ETH in Eigenlayer TVL exceeds 61.1%; 5. In the past 4 hours, the total amount of liquidation in the entire network reached 116 million US dollars, of which long liquidation reached 94.9269 million US dollars; 6. The IMF report pointed out that Bitcoin has become an essential financial tool for preserving value in times of financial instability; 7. People familiar with the matter revealed that CZ gave up voting control of Binance FZE in order to obtain a Dubai VASP license. #BTC🔥🔥🔥🔥🔥🔥 #减半 #ETFbitcoin‬ #爆仓 #base
Midday dynamics
1. There is only one day left before Bitcoin's block reward halving;
2. Yesterday, the spot Bitcoin ETF had a net outflow of 4 million US dollars;
3. Base released the 6th round of Base builder funding list in 2024;
4. Data shows that the proportion of native staked ETH in Eigenlayer TVL exceeds 61.1%;
5. In the past 4 hours, the total amount of liquidation in the entire network reached 116 million US dollars, of which long liquidation reached 94.9269 million US dollars;
6. The IMF report pointed out that Bitcoin has become an essential financial tool for preserving value in times of financial instability;
7. People familiar with the matter revealed that CZ gave up voting control of Binance FZE in order to obtain a Dubai VASP license.
#BTC🔥🔥🔥🔥🔥🔥 #减半 #ETFbitcoin‬ #爆仓 #base
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Bitcoin spot ETF net inflows shrink, has the market peaked?Ends on March 22, 2024. #BTC spot #ETFbitcoin‬ has a cumulative net inflow of US$11.2 billion, and the net inflow has been negative for 5 consecutive days. With a retracement of approximately 10% from the highest net inflow amount of US$12.1 billion, the total net assets dropped from 60.96B to 52.54B, a retracement of approximately 13%. Brad IBIT’s retracement was exactly -13% The callback of #BTC is also -13% Because Bitcoin's current position is just around the previous high of 69,000, coupled with factors such as spot ETFs, #比特币减半 , #HotTrends , and Japanese yen interest rate hikes, it is a bit unclear for everyone. In fact, the market is often or always like this, and every period is accompanied by endless changes and news. We can simplify the complex and eliminate the factors that interfere with us, leaving only the most real and least deceptive things, so that we can see the essence of the market clearly. ----Volume-price relationship (see the picture below)

Bitcoin spot ETF net inflows shrink, has the market peaked?

Ends on March 22, 2024. #BTC spot #ETFbitcoin‬ has a cumulative net inflow of US$11.2 billion, and the net inflow has been negative for 5 consecutive days. With a retracement of approximately 10% from the highest net inflow amount of US$12.1 billion, the total net assets dropped from 60.96B to 52.54B, a retracement of approximately 13%.

Brad IBIT’s retracement was exactly -13%

The callback of #BTC is also -13%

Because Bitcoin's current position is just around the previous high of 69,000, coupled with factors such as spot ETFs, #比特币减半 , #HotTrends , and Japanese yen interest rate hikes, it is a bit unclear for everyone. In fact, the market is often or always like this, and every period is accompanied by endless changes and news. We can simplify the complex and eliminate the factors that interfere with us, leaving only the most real and least deceptive things, so that we can see the essence of the market clearly. ----Volume-price relationship (see the picture below)
🗣️Exclusive✔️ 🟩Bloomberg analyst Eric Balchunas says 🔴We expect a wave of crypto ETFs next year,but not all at once. 🔴First will likely be the btc+eth ETF,then Litecoin HBAR, then XRP,then Solana (which has been classified as a security in pending lawsuits) #ETFEthereum #ETFbitcoin‬ $HBAR $XRP
🗣️Exclusive✔️

🟩Bloomberg analyst Eric Balchunas says

🔴We expect a wave of crypto ETFs next year,but not all at once.

🔴First will likely be the btc+eth ETF,then Litecoin HBAR, then XRP,then Solana (which has been classified as a security in pending lawsuits)

#ETFEthereum #ETFbitcoin‬ $HBAR $XRP
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Investors pour $2.75 billion into Bitcoin ETFs as price skyrockets Spot Bitcoin ETFs reached $2.75 billion this week, a figure nearly 4.5 times higher than last week's $608 million. Prices surpassed $109,000, a high not seen since January. Bitcoin even hit $111,980 on May 22. Investors rushed in as the rally solidified. Increase in spot Bitcoin ETF inflows According to data from Farside, spot Bitcoin ETFs captured $2.75 billion this week, a significant increase from the previous week's $608 million. This large jump occurred when Bitcoin surpassed its all-time high of $109,000 from January. On May 21, investors added $607 million, the same day that $BTC reached a new high. Subsequently, on May 22, the coin surged to $111,980. These movements indicate that money is seeking new highs. #ETFbitcoin‬ #BTCBreaksATH110K
Investors pour $2.75 billion into Bitcoin ETFs as price skyrockets

Spot Bitcoin ETFs reached $2.75 billion this week, a figure nearly 4.5 times higher than last week's $608 million. Prices surpassed $109,000, a high not seen since January. Bitcoin even hit $111,980 on May 22. Investors rushed in as the rally solidified.

Increase in spot Bitcoin ETF inflows
According to data from Farside, spot Bitcoin ETFs captured $2.75 billion this week, a significant increase from the previous week's $608 million. This large jump occurred when Bitcoin surpassed its all-time high of $109,000 from January.

On May 21, investors added $607 million, the same day that $BTC reached a new high. Subsequently, on May 22, the coin surged to $111,980. These movements indicate that money is seeking new highs.

#ETFbitcoin‬ #BTCBreaksATH110K
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