
Bitcoin and Ethereum are experiencing significant market movements driven by recent ETF approvals and institutional investments. Bitcoin has reclaimed the $69,000 mark, with predictions suggesting it could reach $72,000 to $85,000. Institutional inflows into Bitcoin ETFs have been robust, with a record 15 consecutive days of positive net inflows, totaling over $105 million on June 3 alone. BlackRock's Bitcoin ETF reached $20 billion in AUM in just 137 days, the fastest in history. Ethereum ETFs, approved in the U.S. on May 23, have led to the withdrawal of approximately $3 billion worth of Ether from exchanges, potentially causing a supply squeeze. Exchange balances for both Bitcoin and Ethereum are at multi-year lows, with only 11.6% of Bitcoin and 10.6% of Ethereum remaining on exchanges. This trend is seen as a bullish signal by market analysts, indicating strong accumulation by institutional investors.
$BTC Market is getting some bid and bullish positioning this morning so far but going to need considerably more buy volume from spot imo $69,400 - $69,200 key area to sustain above in the event of a sweep liquidity between $70K - $70.5K https://t.co/dH3Hg1H8f1 https://t.co/QI9URVwXzi
Does anyone know when the ETH ETF is supposed to start trading?
🚨NEW: @VolShares leveraged ethereum ETF $ETHU launched this AM. Volatility Shares co-founder Stuart Barton tells me: “We’re excited that the SEC has begun embracing cryptocurrency. Volatility Shares has worked tirelessly with the Commission to ensure this innovative new…














































