Thursday, May 30, 2024

Blockchain News

Spot Bitcoin ETFs Issuers Buy Up 5% Of BTC Supply, $100 Million To Flow Into ETFSwap (ETFS) Presale

Spot Bitcoin ETFs issuers have bought up almost 5% of BTC total supply; ETFSwap is projected to witness $100 million in inflows during its presale. In a remarkable development for the cryptocurrency industry, Spot Bitcoin ETFs issuers now hold about 5% of the Bitcoin (BTC) total supply. This substantial accumulation has driven significant inflows into the ongoing presale of prominent cryptocurrency ETF trading platform, ETFSwap (ETFS), which is set to receive an influx of $100...