Active U.S. Spot Bitcoin and Ethereum ETF Markets See Continued Large Scale Holdings Increases
Publication Time:2024-08-14 23:06:06
According to the Golden Finance report on August 14th, the 10 Bitcoin spot ETFs that were being closely watched in the U.S. market collectively increased their Bitcoin holdings by 1,190 coins, which, at the price of the day, is approximately worth $70,770,000 USD. At the same time, the 9 Ethereum spot ETFs also significantly boosted their investment portfolios, adding a total of 18,726 Ethereum, with a total value of around $49,760,000 USD. This series of data indicates that the demand for Bitcoin and Ethereum from investors remains strong, showing that confidence in these two primary cryptocurrencies has not weakened due to market fluctuations. These substantial increases in holdings not only reflect the continuous influx of funds into the ETF market but also inject a certain level of optimistic sentiment into the entire cryptocurrency market.
Bitcoin Holding
Crypto Investment
Ethereum Holding
U.S. ETF Market