Bitcoin ETF

Probably Nothing

Bitcoin

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<p lang="en-GB"><a href="https://u.today/bitcoin-buyer-microstrategy-to-change-fundraising-strategy" rel="noopener noreferrer nofollow">Michael Saylor</a>, who founded MicroStrategy and spearheads it first as the CEO and now as an executive chairman, has published an important X post about Bitcoin spot ETFs.</p>
<h2 id="probably-nothing-saylor-comments-on-daily-bitcoin-etf-inflows">"Probably nothing," Saylor comments on daily Bitcoin ETF inflows</h2>
<p lang="en-GB"><a href="https://u.today/bitcoiner-michael-saylor-places-big-hopes-on-us-crypto-czar-heres-why" rel="noopener noreferrer nofollow">Saylor drew the crypto community</a>’s attention to the recent daily inflows into Bitcoin exchange-traded funds (ETFs). To achieve that, the head of MicroStrategy reposted a tweet by another X user, which features “15 consecutive days of inflows for U.S. Bitcoin ETFs.”</p>
<p lang="en-GB">Those inflows comprise hundreds of millions of US dollars. The smallest one constituted $103 million on November 27. The largest one comprised $766.66 million on December 5. The most recent inflow featured in the table on the screenshot was registered on November 18 and was $275.39 million.</p>
<blockquote class="twitter-tweet">
 <p lang="en" dir="ltr">Probably Nothing <a href="https://t.co/AWaQkBBJsj" rel="noopener noreferrer nofollow">https://t.co/AWaQkBBJsj</a></p>— Michael Saylor⚡️ (@saylor) <a href="https://twitter.com/saylor/status/1869725968153424278?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">December 19, 2024</a>
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<p lang="en-GB">“Probably nothing,” Michael Saylor tweeted. The Bitcoin ETFs were approved for trading in January this year. Since then, more than a dozen Bitcoin funds entered the market and began accumulating BTC on a daily basis.</p>
<h2 id="saylor-highlights-hut8-s-big-bitcoin-purchase">Saylor highlights Hut8's big Bitcoin purchase</h2>
<p lang="en-GB">In another X post published today, the head of MicroStrategy shared the news about crypto mining company Hut8 making a purchase of a substantial crypto chunk – 990 Bitcoins.</p>
<blockquote class="twitter-tweet">
 <p lang="en" dir="ltr"><a href="https://twitter.com/search?q=%24HUT&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$HUT</a> has purchased 990 Bitcoin. <a href="https://t.co/kNqVkn0W7I" rel="noopener noreferrer nofollow">https://t.co/kNqVkn0W7I</a></p>— Michael Saylor⚡️ (@saylor) <a href="https://twitter.com/saylor/status/1869741253421928577?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">December 19, 2024</a>
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<p lang="en-GB">The miner has acquired this BTC batch for approximately $100 million, paying roughly $101,710 per coin on average. Similar to Saylor’s company, Hut8 is building up its own strategic Bitcoin reserve which after this new acquisition constitutes more than 10,000 BTC worth approximately $1 billion as of December 18.</p> <a href="https://u.today/probably-nothing-michael-saylor-highlights-these-huge-daily-bitcoin-etf-inflows" rel="noopener noreferrer nofollow">Read original article on U.Today</a>

‘Probably Nothing’ – Michael Saylor Highlights These Huge Daily Bitcoin ETF Inflows

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