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US Spot Bitcoin Exchange Traded Funds (ETFs) Exceed Critical Level in Net Inflows! Here Are the Details

Less than a year after their debut, U.S. spot Bitcoin exchange-traded funds (ETFs) have surpassed the significant threshold of 500,000 BTC in total net inflows. US Spot Bitcoin ETFs Surpass 500,000 BTC in Net Inflows This success achieved on Wednesday highlights the growing popularity and influence of these investment products in the cryptocurrency market. Launched on January 11, 2024, the 12 US spot Bitcoin ETFs have absorbed more than 2.5% of Bitcoin’s circulating supply, currently estimated at 19.8 million BTC. According to Vetle Lunde, Head of Research at K33, this equates to over 500,925 BTC in total inflows. On Wednesday alone, $223.1 million flowed into these ETFs, led by Fidelity’s FBTC fund, accounting for $121.9 million of the total. Year to date, the ETFs have maintained a 10-day inflow streak and have amassed approximately $4.3 billion in assets with net inflows of $34.7 million in dollar terms since launch. BlackRock’s IBIT ETF leads the way with on-chain assets exceeding 520,000 BTC, surpassing BlackRock’s iShares Gold Trust (IAU) in terms of assets under management (AUM), which currently exceeds $50 billion. Fidelity`s FBTC ETF follows with over 247,000 BTC. Grayscale’s GBTC fund held 619,000 BTC before being converted to an ETF, but now holds 210,000 BTC after significant outflows. The combined assets of US spot Bitcoin ETFs have also surpassed the estimated 1.1 million BTC attributed to Bitcoin`s pseudonymous creator, Satoshi Nakamoto. *This is not investment advice. Continue Reading: US Spot Bitcoin Exchange Traded Funds (ETFs) Exceed Critical Level in Net Inflows! Here Are the Details BitcoinSistemi

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Pepe Loves Santa (PEPESAN) Solana Memecoin to Explode 19,000% Before Exchange Listing, While Shiba Inu and DOGE Lag

Pepe Loves Santa could turn early investors into multi-millionaires, like Shiba Inu (SHIB) and Dogecoin (DOGE) did. Pepe Loves Santa (PEPESAN), a new Solana memecoin that was launched today, is set to explode over 19,000% in price in the coming days. This is because PEPESAN is set to soon be listed on numerous crypto exchanges, according to reports. This will give the Solana memecoin exposure to millions of additional investors, who will pour funds into the coin and drive its price up. Currently, Pepe Loves Santa can only be purchased via Solana decentralized exchanges, like Jup.ag and Raydium.io, and early investors stand to make huge returns in the coming days. Early investors in SHIB and DOGE made astronomical returns, and Pepe Loves Santa could become the next viral memecoin. Pepe Loves Santa launched with over $9,000 of liquidity, giving it a unique advantage over the majority of other new memecoins, and early investors could make huge gains. How to Buy To buy Pepe Loves Santa on Raydium.io or Jup.ag ahead of the CEX listings, users need to connect their Solflare, MetaMask or Phantom wallet, and swap Solana for Pepe Loves Santa by entering its contract address – 9FuN9o4pQgF3NF1v2saWvb7b9hNKDJ1DGU6LSbur437Q – in the receiving field. If you don’t have one of these wallets already, you can create a new wallet in a few minutes and transfer some Solana to it (which will then be used to buy the memecoin), from an exchange like Coinbase, Binance and many others. In fact, early investors could make returns similar to those who invested in Shiba Inu (SHIB) and Dogecoin (DOGE) before these memecoins went viral and exploded in price. If this happens, a new wave of memecoin millionaires could be created in a matter of weeks – or potentially even sooner. The Solana memecoin craze continues amid larger memecoins, like Shiba Inu (SHIB), Dogecoin (DOGE) and DogWifHat (WIF) trading sideways in recent weeks and losing momentum. This is why many SHIB, DOGE and WIF investors are instead investing in new Solana memecoins, like PEPESAN. Such memecoins have no utility and no inherent value, but investors looking for high gains have been investing in them due to their potential to rapidly rise in price. BitcoinSistemi