Crypto markets are expanding:
The market share of Bitcoin and Ethereum ETFs as a % all US-listed ETFs is up to a record 1.6%.
This percentage has DOUBLED over the last 12 months.
For perspective, the implied allocation into the 2 largest cryptocurrencies was just 0.2% in 2023.
Over the last 3 days alone, investors have poured in a whopping $2.2 billion into Ethereum ETFs and $331 million into Bitcoin ETFs.
Crypto adoption is accelerating.

Twitter

Editor's Note: The crazy buying spree of ETH Treasury companies has become the hottest topic in the recent market, and also constitutes the strongest "buying pressure" on ETH prices. Strategic ETH Reserve data shows that as of 8:00 PM Beijing time on August 14th, the total holding scale of major ETF treasury companies has reached 3.57 million ETH, valued at approximately $16.92 billion, among which <BitMine (BMNR)>, <Sharplink Gaming (SBET)>, and <The Ether Mac...>

Six charts analyze ETH chip distribution as new highs approach

U.S. Treasury Secretary Scott Bessent: No Additional Cryptocurrency Reserves, Only Using Seized Assets. On August 14, U.S. Treasury Secretary Scott Bessent declared that the government will not use budget to buy...

US Treasury Secretary: Government Will Not Buy Cryptocurrencies, Only Reserve Confiscated Crypto

Table of Contents
- Dual-Engine of Technical and Macroeconomic Aspects
- Signal of Altcoin Season Opening
- Conclusion
(This is a sponsored article written and provided by ClickOut, which does not represent the position of the zone. This article involves meme tokens, which may have extremely high volatility risks and is not an investment recommendation. See the liability warning at the end of the article.)
After a short-term correction, BTC has once again stabilized above $120,000, currently trading at $120,024, with a slight daily increase of 0.07%. This rebound not only reflects the restart of technical bullish momentum but also combines...