It seems semiconductors etf $SMH is finally breaking out after weeks of consolidation
Source: TrendSpider
JUST IN: Bloomberg says BlackRock’s spot Bitcoin ETF is the ‘Greatest Launch in ETF History’ 🚀
Source: Bloomberg, Bitcoin Magazine
MICROSTRATEGY TO JOIN NASDAQ 100 - Bloomberg
“We expect net buying of at least $2.1b shares by ETFs” - @JSeyff thru Eric Balchunas
HISTORY: With OVER 1,200,000 BTC, Wall Street hashtag#ETFs now hold more Bitcoin than Satoshi Nakamoto
Source: The Bitcoin Historian
Remember when the Bitcoin ETF first came out in January?
The talk was we would get an initial rush, and then it would level off. Exactly the opposite is happening. Flows are massively accelerating. Source: @EricBalchunas, Fred Krueger @dotkrueger
Is altcoin season starting? One potential tailwind should be hopes of spot ETF approval >>>
As shown below, the waiting list include Four Solana's, 3 XRPs, 2 conversions and one Litecoin. Source: Eric Balchunas, Bloomberg
Data from glassnode show that some long-term BTC holders are offloading some of their bitcoins.
Long-term Bitcoin holders sold 128K $BTC, but U.S. spot ETFs absorbed 90% of the selling pressure. 🔥 Strong institutional demand is fuelling BTC’s rally, bringing it closer to the $100K milestone. 🚀💎 Source: Kyledoops
SPDR ETFs and their YTD Performance
🥇 Financials $XLF +44.28% 🥈 Communication Services $XLC +37.19% 🥉 Gold Trust $GLD +34.37% Source: Trend Spider
