Wow! Something big has happened! RunPod announced that it has completed a $20 million seed round of financing! Intel Capital and Dell Technologies Capital, a subsidiary of Dell, jointly led the investment, and some big guys also invested. Their project is to use global distributed GPU cloud computing services to help train, deploy and scale AI models, so as to reduce the workload of developers!

These institutions and big guys don’t invest casually, they are well thought out! For example, the Bitcoin spot ETF market in the United States is emerging, and more than $50 billion in funds have poured in, most of which are concentrated in the United States. Just recently, some institutions also participated in this "sweep" action and invested in Bitcoin spot ETFs, sending everyone a signal to invest!

In just 4 months, the US Bitcoin spot ETF has held 827,321,000 BTC, worth about $52.1 billion, accounting for 89.5% of the global market! Among them, institutions such as Grayscale, BlackRock and Fidelity have shown super strong "money-making power".

They hold a total of 719,000 BTC, worth up to $26.91 billion! However, Hong Kong's Bitcoin spot ETF is still in its infancy, with a market share of only about 0.7% of that in the United States.

If you look at the choices of investors, you will find that asset management institutions are the "main force" of subscriptions! For example, 3 Hong Kong institutions have invested in the US Bitcoin spot ETF. And these institutions' investment portfolios almost all have GBTC, IBIT and FBTC products. However, these investors' choices are not blind, they are all based on their own risk preferences and market conditions.

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