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Crypto Information LIVE Updates: The whole asset dimension of the spot Bitcoin exchange-traded funds (ETFs) stands at $30 billion. By comparability, Silver ETFs collectively have roughly $11 billion in property underneath administration (AUM). Bitcoin ETFs solely lag Gold amongst commodity-focused ETFs within the US.
If US presidential candidate Donald Trump have been to be elected, he would “by no means permit” the creation of a central financial institution digital forex (CBDC). Trump made the remarks throughout a marketing campaign cease in New Hampshire. The previous US president believes CBDCs would give the federal government “absolute management” over the general public’s cash.
Led by Bitcoin, which sank practically 4%, main digital property crashed in early morning commerce on Friday. In sync with the slide, the worldwide crypto market cap fell about 3.5% to $1.62 trillion.
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09:15:39 AM IST, 19 January 2024
Crypto Information LIVE: Spot Bitcoin ETF Commerce Volumes Reverse Again Up
The 9 US-listed exchange-traded funds monitoring Bitcoin noticed a 34% leap in commerce quantity on Day 5 after launch as in comparison with Day 4, in line with Bloomberg senior ETF analyst Eric Balchunas.
That is attention-grabbing, the New child 9 truly noticed a 34% leap in quantity at the moment vs yesterday. Usually with a overvalued launch you see quantity steadily lower every day post-launch, uncommon to see it reverse again up. All however one noticed leap too however GBTC change flat so wasn’t a volatility… pic.twitter.com/f6xOsLRWjr
— Eric Balchunas (@EricBalchunas) January 18, 2024
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09:00:00 AM IST, 19 January 2024
Crypto Information LIVE: Donald Trump Vows To Ban CBDCs
If US presidential candidate Donald Trump have been to be elected, he would “by no means permit” the creation of a central financial institution digital forex (CBDC). Trump made the remarks throughout a marketing campaign cease in New Hampshire. The previous US president believes CBDCs would give the federal government “absolute management” over the general public’s cash.
JUST IN: 🇺🇸 Donald Trump says “As your president, I’ll by no means permit the creation of a Central Financial institution Digital Forex. Such a forex would give our federal authorities absolute management over your cash.” pic.twitter.com/lSE2AGYgOm
— Bitcoin Journal (@BitcoinMagazine) January 18, 2024
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08:57:19 AM IST, 19 January 2024
Crypto Information LIVE: Bitcoin ETFs Hit $30 Billion AUM, Surpass Silver ETFs
Spot Bitcoin exchange-traded funds (ETFs), which acquired regulatory approval within the US earlier this month, have already overtaken Silver ETFs by way of property underneath administration. Whereas the AUM for Bitcoin ETFs stands at $30 billion, Silver ETFs collectively have property price $11 billion.
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The offered content material might embody the private opinion of the creator and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The creator or the publication doesn’t maintain any duty to your private monetary loss.
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