tldr; BlackRock and Fidelity have collectively acquired over $521 million worth of Bitcoin in a single day, according to blockchain data flagged by Arkham Intelligence. BlackRock’s IBIT ETF address received 4,130 BTC ($436.3 million), while Fidelity’s FBTC ETF address added 805 BTC ($85.2 million) through separate transfers. Grayscale also added 55.1 BTC to its GBTC trust. These institutional purchases signal growing confidence in Bitcoin, especially amid expectations of ETF-driven demand in Q3.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Circusssssssssssssss on
Greed continues
Just remember, nobody is ever a loser who cashes out or takes profits
D00dleArmy on
Wowwwwwww SOUND THE ALARMS CRYPTO ETFS BOUGHT CRYPTO
Tipi_Tais_Sa_Da_Tay on
So what’s gonna happen when the only people that have bitcoin are just investors and none of it actually ever gets fucking used, this is hilarious
timbulance on
The stacking continues
JDHgtr on
Grrr!
MASH12140 on
We all know where this is heading. Big players and a select few owning it.
A tale as old as time.
SnooRegrets6428 on
Nice and I scoop up $100 of btc
Woodpecker5987 on
Does Saylor know about this?
Jx_XD on
Buy buy buy like it’s free…
olympianfap on
Not mine
raresanevoice on
Isn’t that what they’re supposed to do when their customers place buy orders?
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tldr; BlackRock and Fidelity have collectively acquired over $521 million worth of Bitcoin in a single day, according to blockchain data flagged by Arkham Intelligence. BlackRock’s IBIT ETF address received 4,130 BTC ($436.3 million), while Fidelity’s FBTC ETF address added 805 BTC ($85.2 million) through separate transfers. Grayscale also added 55.1 BTC to its GBTC trust. These institutional purchases signal growing confidence in Bitcoin, especially amid expectations of ETF-driven demand in Q3.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Greed continues
Just remember, nobody is ever a loser who cashes out or takes profits
Wowwwwwww SOUND THE ALARMS CRYPTO ETFS BOUGHT CRYPTO
So what’s gonna happen when the only people that have bitcoin are just investors and none of it actually ever gets fucking used, this is hilarious
The stacking continues
Grrr!
We all know where this is heading. Big players and a select few owning it.
A tale as old as time.
Nice and I scoop up $100 of btc
Does Saylor know about this?
Buy buy buy like it’s free…
Not mine
Isn’t that what they’re supposed to do when their customers place buy orders?