When ETF shares are sold it does not necessarily lead to a decline in AUM if those shares are not redeemed by APs.  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

	Forwarded this email? Subscribe here for more Why BlackRock Bitcoin holdings increased as prices dropped When ETF shares are sold it does not necessarily lead to a decline in AUM if those shares are not redeemed by APs. Jan 26   READ IN APP   Happy Friday! The global crypto market cap is $1.61 trillion, with a 24-hour volume of $53.35 billion. The price of Bitcoin is $41,720.46, and BTC market dominance is 50.8%. The price of Ethereum is $2,269.63, and ETH market dominance is 16.9%. The best-performing sector is Art, which gained 22%. The Crypto Fear & Greed Index is currently Neutral (49). Top News Why BlackRock Bitcoin holdings increased as prices dropped When ETF shares are sold it does not necessarily lead to a decline in AUM if those shares are not redeemed by APs. U.S. plans to sell $130 million of Bitcoin seized in connection with Silk Road The U.S. government previously seized the funds from a Xanax seller and a former U.S. agent. Bitcoin developer Luke Dashjr raises concerns over centralization in Bitcoin mining Dashjr believes that the dominance of a few large mining pools poses a serious threat to the decentralized nature of Bitcoin. Latest Insights BlackRock’s Bitcoin ETF crosses $2 billion in inflows, with Fidelity close behind US debt spirals past $34 trillion with interest forecasted to hit $3 trillion by 2030 Bitcoin’s Sharpe Ratio signals balanced risk-reward over five years From freeze to flourish as Bitcoin hash rate showcases resilience More News Strike CEO calls Ethereum ‘tech play,’ says Bitcoin solves the ‘biggest financial problem’ of our time According to Mallers, Bitcoin is "the only innovation" that can solve the "central banking problem" and serve as a global reserve currency. Grayscale selling pressure ‘largely behind us,’ spotlight on Newborn Nine: JP Morgan The banking giant analysts also speculated that the newly launched ETFs will play a prominent role in BTC price discovery. Bitcoin’s realized price by ‘young supply’ underpins recent price support Young supply's cost basis created support for Bitcoin's price in a tumultuous market. Crypto saw 62 million acquired users across eight chains in 2023: Flipside report Flipside Crypto also forecasts increased multi-chain interactions and Layer 2 engagements in the 2024 DeFi landscape. Celsius billion-dollar Ethereum shift stirs speculation on creditor payback plans The embattled firm creditors are eagerly anticipating the repayment of their stuck assets on the platform. Questions? Get in touch with us here. Connect with us Telegram • Twitter • LinkedIn • YouTube • Instagram   Like Comment Restack   © 2024 Zenzio Incorporated 11010 Harbor Hill Dr NW, STE B405, Gig Harbor, WA 98332 Unsubscribe