Home > Latest > Body

Analysts: Bitcoin ETF institutions held 24% of their positions last quarter, up from 21.4% in the first quarter.

clock
2024-08-20 14:57:42
Institutional holdings in US spot bitcoin ETFs rose to 24 per cent by the end of the second quarter of 2024, according to analysts at HC Wainwright, up from 21.4 per cent in the previous quarter, according to the latest 13-F filing and data aggregated by Coinbase.
Despite the challenging market environment, these ETFs saw their total assets under management fall 13% month-on-month to $51.80 billion, but still saw growth due to the decline in bitcoin prices and new institutional investors including Goldman Sachs (holding $412 million ETF shares) and Morgan Stanley (holding $188 million).
Web3 Desktop Trading Tool
Stay ahead of the game in the cryptocurrency space.

7x24 Newsflash

03:46 2025-03-21
BSC ecosystem meme coin BUBB developers still hold 2.87% of the token supply, with a floating return of 3028 times
According to the chain analyst @ai_9684xtpa monitoring, BSC ecological meme coin BUBB developers only invested 0.31 BNB has been floating profit of 580,000 dollars, the return of 3028 times. It bought 3.87% of the chips at a cost as low as $0.000004878, and transferred 10 million of them to the CZ public donation address (1% of the total) 27 hours ago, and the rest has not been sold yet.
03:37 2025-03-21
Circle hints that native USDC and CCTP V2 are coming to Sonic
According to Cointelegraph, Circle has hinted that native USDC and CCTP V2 are coming to Sonic soon.
03:25 2025-03-21
Trump: Those found to have sabotaged Tesla will likely be sentenced to up to 20 years in prison
Trump said anyone found to be sabotaging Tesla would most likely be jailed for up to 20 years, including funders.
03:22 2025-03-21
Watcher.Guru: X account was hacked, alerting the community to be vigilant
Encrypted news site Watcher.Guru disclosed that its X account has been hacked, alerting the community that the previous post (now deleted) was made by a hacker who is understood to have 2FA enabled and taken extreme measures to avoid hacking, is currently investigating the matter, will provide updates as soon as more details are available, and is contacting the X platform for support.
03:13 2025-03-21
ZRO breaks through $2.8, gaining 13.9% in 24 hours.
The market shows that ZRO has broken through $2.8 and is now quoted at $2.77, with a 24-hour increase of 13.9%. The market fluctuates greatly. Please do a good job in risk control.
03:13 2025-03-21
GMGN now supports trading via PumpSwap
GMGN co-founder Haze said in a post that GMGN now supports trading through PumpSwap. Pump.fun today announced the launch of the AMM platform PumpSwap.
02:51 2025-03-21
153rd Ethereum ACDC meeting: Developers agree to postpone Pectra mainnet date
Galaxy Research VP Christine Kim posted a summary of the 153rd Ethereum Core Developer Consensus (ACDC) conference call. This week developers reconfirmed the Pectra test plan and plan to upgrade the newly launched Hoodi testnet on March 26; developers agreed to postpone the mainnet date of Pectra until they see an upgrade of Hoodi and further testing of Pectra functionality on Hoodi; in addition, developers also discussed the inclusion of EIP7688 in the Fusaka upgrade.
02:51 2025-03-21
4E: Market digests Fed resolution to refocus on Trump tariffs, US stocks and crypto markets fall
On March 21, according to 4E monitoring, after the Federal Reserve's interest rate meeting, the rally in US stocks failed to continue, economic uncertainty and Trump's tariff plan were clouded, and the main index of US stocks closed down in shock on Thursday. The S & P 500 fell 0.2%, the Dow fell 0.1%, and the Nasdaq fell 0.3%. Large technology stocks fell more and rose less, while Tesla edged up 0.1%. The crypto market has been volatile, but it has generally shown a mild upward trend. Last nigh...
02:45 2025-03-21
ZKsync: Mailbox contract backwards compatibility issue may take 1.5-2 weeks to resolve
Ethereum Layer 2 Network ZKsync posted a reminder on the X platform that there is a temporary problem with the backwards compatibility of the Mailbox contract during the protocol upgrade v26, which will affect the L1 → L2 transaction, because the relevant transaction was originally processed by the Mailbox contract, but the backwards compatibility is temporarily not working due to the different transition stages of bridging and L2 during the v26 upgrade. It may take 1.5-2 weeks to solve this p...
02:27 2025-03-21
Hong Kong-listed company EDA Group Holdings plans to spend up to $5 million to buy cryptocurrencies
Hong Kong-listed company EDA Group Holdings issued a voluntary announcement, disclosing that the company's board of directors proposed a cryptocurrency purchase plan with a total amount of no more than 5 million US dollars. The company is currently exploring blockchain technology to empower the cross-border e-commerce logistics industry to promote cross-border commodity full-link traceability and cryptocurrency B2B settlement. In addition, EDA Group Holdings announced that it will establish a de...
02:27 2025-03-21
The market's optimism about the Federal Reserve has cooled, and the new momentum of gold has been suspended. The risk of short-term positions has intensified, but the correction may only be gathering strength, and this level should effectively support the bottom.
The market's optimism about the Federal Reserve has cooled, and the new momentum of gold has been suspended. The risk of short-term positions has intensified, but the correction may only be gathering strength, and this level should effectively support the bottom.
02:20 2025-03-21
Former US Treasury Secretary Summers said that the Federal Reserve's sudden slowdown in QT indicates that the demand for US bonds has deteriorated, and the Federal Reserve is afraid of a repeat of the British crash crisis. Click to view...
Former US Treasury Secretary Summers said that the Federal Reserve's sudden slowdown in QT indicates that the demand for US bonds has deteriorated, and the Federal Reserve is afraid of a repeat of the British crash crisis. Click to view...