Hello everyone, this is Pipi. Today, let's talk about Bitcoin Spot (ETF) news:Bitcoin Spot (ETF) is a fund that can be traded in the stock and securities market, with Bitcoin as the underlying asset, providing participants with an indirect way to hold Bitcoin
Hello everyone, this is Pipi. Today, let's talk about Bitcoin Spot (ETF) news:
Bitcoin Spot (ETF) is a fund that can be traded in the stock and securities market, with Bitcoin as the underlying asset, providing participants with an indirect way to hold Bitcoin.
The main differences between Bitcoin Spot (ETF) and Bitcoin are as follows:
- Holding assets: Bitcoin Spot (ETF) holds the actual Bitcoin (BTC) as the underlying asset of its fund. Bitcoin is a digital currency that directly holds actual Bitcoin.
Latest news on Bitcoin Spot (ETF):
Bitcoin spot (ETF) rose by200.24%Let's take a look at this data and see if many people are secretly happy.
What about the Bitcoin Spot (ETF) scandal? Short selling for 65 million? Is it true?
Actually, this is a fake news and has been clarified, but when a fake announcement surfaced, the coin circle instantly became crazy. Bitcoin rose to $30000, triggering a series of short positions that reportedly led to a liquidation of approximately $65 million. In fact, this bullish reaction is not surprising, as people have extremely high expectations compared to the spot ETF of the special currency.
However, the Bitcoin world is like a roller coaster, with ups and downs constantly changing. On Monday, the approval news of Bitcoin ETF cheered the encryption community, and Bitcoin soared all the way. Major media outlets have reported that BlackRock's iShares Bitcoin spot ETF is about to be approved to $30000.
This news is extremely exciting, and everyone is waiting to get rich. However, quickly, a bucket of cold water poured down, and BlackRock quickly denied the report, turning the cryptocurrency market from a frenzy to a "sadness" in an instant. Bitcoin prices are like a roller coaster ride, plummeting from $30000 to $28100 in just a few minutes.
Alright, that's all for this episode. See you next time!
In the encryption industry, if you want to seize the next bull market opportunity, you need to have a high-quality circle so that everyone can warm up and maintain insight. If you are alone, looking around in a daze, and realizing that there is no one, it is actually difficult to persist in this industry. Thank you for watching~
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