Bitcoin (BTC) is defending the $100,000 mark and dropping slightly. As of 1:55 p.m. on the 13th, the Bitcoin price was down 0.71% from the same time the previous day according to CoinMarketCap.
The price has fallen slightly since it surpassed $100,000 the previous day due to profit-taking sales, but the Bitcoin Spot Exchange-Traded Index Fund (EIF)
The inflow of funds through the Bitcoin spot ETF continues. The US Bitcoin spot ETF has recorded a "net inflow" for 11 consecutive days since the 27th of last month. The inflow of funds from the ETF has been greater than the outflow of funds.
This means that BlackRock's Bitcoin ETF has overtaken the assets under management (AUM) of the Gold ETF managed by BlackRock.
On the 12th, Ju Juyeon, CEO of Ethereum, emphasized that "the smart money (in gold and Bitcoin) already knows who the winners are."
BlackRock also released a report stating that "institutions should take the most appropriate measures to protect their investment portfolios."
"It would be reasonable to allocate a maximum of 2% to Bitcoin."
2024/12/13 14:36 KST
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