opinion

BlackRock likely to surpass MicroStrategy's (MSTR) BTC holdings as Ark Investments starts buying spot ETFs.

According to Cryptoslate, Eric Balchunas, an analyst specializing in ETFs at Bloomberg, said, "It's not long before BlackRock's bitcoin holdings surpass MicroStrategy's (MSTR). It's not a matter of if, but when." BlackRock previously disclosed on the official website of its bitcoin spot ETF iShares Bitcoin Trust (IBIT) that it held about 11,439 BTC as of Dec. 12.

Meanwhile, Nate Geraci, CEO of U.S.-based ETF specialist ETFstore, said that "Ark Investments today began purchasing the Ark 21 Shares Bitcoin ETF (ARKB) through a fund of funds". According to his repost, Ark sold the ProShares BTC Futures ETF (BITO) before buying ARKB. "Before selling the Grayscale Bitcoin Investment Trust (GBTC), Ark was paying a 2% annual fee on it," Nate Geraci wrote. For BITO, it's 0.95%. Now we've eliminated the fees for trading ARKB. It's a much more practical choice in terms of assets under management (AUM).

Bitcoin recovers $64,000 price after 42-day Bitcoin correction, absorbing more than $3 billion in selling pressure

BTC has regained $64,000, according to Coinness Market Monitor. On the Binance USDT market, BTC is trading at $64,102.48. "Bitcoin has completed a 25.6% correction that lasted 42 days," an anonymous crypto trader, Rekt Capital, told X. "It's been a long

blockchain crypto cryptocurrency Altcoins have topped out (SpotedCrypto)

Andrew Kang: "Altcoins have topped out, except for some memes"

As Andrew Kang, co-founder of crypto investment firm Mechanism Capital, recently told X, "A common mistake crypto investors make is buying too quickly when an uptrend turns down. The correction is longer and deeper than most people expect. When the majority are liquidating and questioning that crypto is dead,

blockchain crypto cryptocurrency michael saylor btc rise to 10m (Spoted Crypto)

Michael Saylor "BTC to rise to $10 million"

Michael Saylor, founder of MicroStrategy, which holds the most Bitcoin by a single company, said in a YouTube podcast that "Bitcoin will go to $10 million". "BTC is the perfect money, it's economically immortal. Economics is a quasi-religious humanities discipline, full of people's

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