BlackRock's spot ETF has surpassed a scale of 1 billion US dollars.

Iti9

Cube.Exchange CEO Bartosz Lipinski stated that the hype surrounding Bitcoin ETFs has weakened, and traders' attention may shift elsewhere. Currently, options data suggests that Bitcoin's support price is around $40,000. However, while investors may be temporarily cautious about the underlying asset Bitcoin, its derivative ETF funds continue to thrive.

Data shows that on Wednesday, investors deposited $371 million into BlackRock's Bitcoin ETF, pushing the total fund size to exceed $1 billion, making it the first Bitcoin ETF to surpass the $1 billion mark. In addition, Fidelity's Bitcoin fund has reached a size of $880 million, approaching the $1 billion milestone. These two funds together account for 68% of the total inflow into Bitcoin ETFs, totaling nearly $2 billion.

Jiten171

Traders generally tend to choose platforms they can trust.

Jafar224

It's essential to choose a trading platform with proven strength.

Isha000

Originally a speculative market, there are still many more developments to come.

Iravan774

The scale of these amounts is extremely significant.