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MicroStrategy Buys 9,245 More BTCs, Now Holding 1% of Total Bitcoin Supply

MicroStrategy (NASDAQ ticker: MSTR), the largest single holder of BTC outside of bitcoin spot ETFs, now owns more than 1% of the total BTC supply with this latest purchase. The unrealized gain is estimated to be approximately $6 billion. Michael Saylor, CEO of MicroStrategy, previously stated, "We purchased an additional 9,245 BTCs through the issuance of $637.5 million in convertible notes and cash. The average purchase price was $67,382. As of March 18, local time, MicroStrategy held 214,246 BTC at an average price of $35,160. Previously, Microstrategy announced that it had issued convertible notes to purchase additional bitcoin, which it will sell by March 18.

ETH spot ETF hits $9.37 billion in trading volume on second day of trading, off to a strong start, but falls short of BTC

Ethereum spot ETFs have recorded $9.37 billion in trading volume on their second day of trading. Of these, Grayscale's ETHE topped the list with $4.86 billion, accounting for about 52% of the total volume. BlackRock's ETHA followed with $255 million and Fidelity's

blockchain crypto cryptocurrency Ethereum ETF launches favorable price Shelly Young (SpotedCrypto)

Ethereum ETF launches favorable price Shelly Young comments and Grayscale's Ethereum liquidity outflow

Hany Rashwan, CEO of crypto ETP issuer 21Shares, told Bloomberg that the launch of an Ethereum spot ETF has already been partially priced in. "Global macroeconomic and summer seasonal features have also impacted the price of ETH," he said. "While Bitcoin is a digital gold hedge, Ethereum

blockchain crypto cryptocurrency ethereum Spot ETF Debuts Successfully (Spoted Crypto)

ETH Spot ETF Debuts Successfully...Sustained Success Unclear

Bloomberg reported on April 24 that "Nine U.S. ETH spot ETFs surpassed $1 billion in trading volume on their first day of trading in what could be considered a blockbuster debut. However, it's unclear if the box office record can be sustained." "The rationale

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