Purpose Bitcoin ETF Adds 1054 Bitcoins

time:2022-02-04 02:30 source:Internet

According to Glassnode, holdings of the Purpose Bitcoin ETF surged yesterday. The Canada-based ETF added 1,054 bitcoins (more than $38 million worth of bitcoins). The daily gain was just over two other days, the day the ETF was launched, adding 2,250 BTC and Dec. 6. The huge one-day move shows that investors are buying the dips. Adding more bitcoin to ETF holdings indicates that ETF shares are overbought by investors and need to balance their assets by buying more spot bitcoin.

  • Positive
  • Latest
  • {{item.nickname}} {{item.publish_time}} sofa bench floor {{item.floor}} floor
    {{item.parentinfo.nickname}} Posted on {{item.parentinfo.publish_time}} {{item.parentinfo.content}}
    {{item.content}}

    Disclaimer : The above empty space does not represent the position of this platform. If the content of the article is not logical or has irregularities, please submit feedback and we will delete or correct it, thank you!

    {{item.praise}} Like {{item.praise}} Like Reply
Come on and grab the couch~
Post a comment
Cancel Reply