Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnAISquareMore
Bitcoin ETF issuers have purchased more than 86,000 Bitcoins, with a total investment of US$3.63 billion.

Bitcoin ETF issuers have purchased more than 86,000 Bitcoins, with a total investment of US$3.63 billion.

CointimeCointime2024/01/23 01:08
By:Cointime

On-chain analyst Ali stated that Bitcoin ETF issuers, excluding Grayscale, have collectively purchased over 86,320 bitcoins at an average price of $42,000, with a total investment of up to $3.63 billion. This large investment may indicate that institutional investors are taking a long-term, strategic approach to holding Bitcoin, rather than just investing during price peaks.

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

CandyBomb x DEBIT: Trade to share 45,000 USDT

Bitget Announcement2026/09/01 13:00

Bitget Will Support the BounceBit (BB) Contract Swap

Bitget Announcement2026/09/01 08:00

Hold USDGO for dual perks, earn up to 30%+ APR!

Bitget Announcement2026/09/01 02:00