Transaction URL: https://blockchain.com/btc/tx/af17c220f4f9de4ada454e66fc9a8bdaf40cbf017da45220e5e6fa1b834423df
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As of July 1, 2024, U.S. Bitcoin ETFs collectively hold 863,976 BTC, equivalent to approximately $54.3 billion. BlackRock leads the pack with 306,979 BTC and a notable net inflow of +1,366 BTC, reflecting strong investor confidence. Conversely, Fidelity experienced the largest net outflow of -437 BTC, despite holding 167,463 BTC. Grayscale also saw a reduction, with a net outflow of -198 BTC.
Other prominent ETFs like ARK Invest and VanEck maintained stable holdings, indicating steady investor interest without significant inflows or outflows. Bitwise and Invesco Galaxy experienced minor outflows, losing -4 BTC and -201 BTC respectively. Smaller ETFs such as Valkyrie and Franklin Templeton showed no net changes, suggesting a balanced investment environment.
Overall, the net inflow across all U.S. Bitcoin ETFs stands at +526 BTC, or $33 million, demonstrating sustained interest in Bitcoin investment. This trend highlights the mixed but generally positive sentiment towards Bitcoin ETFs, reflecting their growing role in diversified investment portfolios.
Disclaimer: Market capitalizations and data can vary in real-time. The information provided here is intended purely for educational purposes and should not, under any circumstances, be construed as financial advice.
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The U.S. Marshals Service (USMS) has chosen Coinbase Prime to provide custody and advanced trading services for its “Class 1” large-cap digital assets. After a competitive evaluation process, Coinbase was selected for its strong track record and ability to deliver secure, institutional-grade crypto services.
Coinbase has a longstanding history of collaboration with law enforcement, supporting federal, state, and local agencies across the U.S. and internationally since 2014. These partnerships are crucial to promoting safe and efficient markets, aligning with Coinbase’s mission to grow the cryptoeconomy.
Coinbase Prime has become the preferred platform for institutions and large holders of digital assets, managing $330 billion in assets and recording $256 billion in institutional trading volume in Q1 2024. With leaders like Brett Tejpaul and Greg Tusar driving institutional growth, Coinbase continues to expand its services and educate the institutional community about crypto.
Circle, a leading cryptocurrency firm known for its USDC stablecoin, announced on Monday that it has secured an e-money license from France’s banking regulator, ACPR. This milestone makes Circle the first global stablecoin issuer to comply with the European Union’s Markets in Crypto-Assets (MiCA) regulations.
With this license, Circle can now issue its USDC and EURC stablecoins throughout the EU, ensuring compliance with MiCA’s stringent stablecoin provisions. Circle’s CEO, Jeremy Allaire, emphasized the significance of this achievement, highlighting it as a critical step towards mainstream acceptance and regulation of digital currencies.
The MiCA framework, passed last year, is the world’s first comprehensive crypto law, setting rigorous standards for investor protection and market integrity. Circle’s approval under these regulations marks a significant advancement for the cryptocurrency industry, paving the way for broader adoption and integration of stablecoins in global financial systems.