Bitcoin ETF issuers have purchased more than 86,000 Bitcoins, with a total investment of US$3.63 billion.
On-chain analyst Ali stated that Bitcoin ETF issuers, excluding Grayscale, have collectively purchased over 86,320 bitcoins at an average price of $42,000, with a total investment of up to $3.63 billion. This large investment may indicate that institutional investors are taking a long-term, strategic approach to holding Bitcoin, rather than just investing during price peaks.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
President Trump Declares End to Biden’s Crypto War, Pledges US Bitcoin Dominance
South African Firm Altvest Capital Adds Bitcoin to Treasury
Latam Insights: Brazil Embraces XRP ETF, Tether to Acquire Adecoagro
Russia Moves to Classify Crypto as Property in Criminal Cases

Trending news
MoreCrypto prices
More








