Home Bitcoin News Bitcoin Jumps as SEC's Gensler Reiterates Support for Futures ETF, Dollar Rally May Cap Gains – CoinDesk

Bitcoin Jumps as SEC's Gensler Reiterates Support for Futures ETF, Dollar Rally May Cap Gains – CoinDesk

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Knowledge from ByteTree Asset Administration present bitcoin ETFs and funds now personal round 801,000 BTC, amounting to 4.3% of the full provide. “Holdings ballooned from 250,000 in 2019 to 800,000 right now and helped drive the bitcoin bull market from $5,000 to $64,0000, earlier than flattening off,” ByteTree Asset Administration Chief Funding Officer Charlie Morris said within the newest ByteTree Market Well being Replace printed Wednesday. ByteTree tracks the European and Canadian ETFs with the US and Canadian closed-ended funds.

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