Breaking News: Biden to Veto Key Bitcoin Bill Despite Congressional Approval 😳

In 2022, Michael Saylor outlined three key changes that could potentially boost Bitcoin's value to $5 million:
1️⃣ Spot #BitcoinETF Approval ✅
2️⃣ Fair Value Accounting by FASB ✅
3️⃣ Banks Using #Bitcoin as Collateral (Congress just passed a bill!) ✅

However, there's a twist!
The Biden administration has just announced that it will veto the bill, despite its passage by Congress.

Stay tuned for more updates as this story develops.

Spot #BitcoinETFs saw Positive inflows with $11.54M ( 08-05-024 )

🔹 #Bitwise $BITB is the only ETF that purchased #Bitcoin Yesterday
🔹 $BITB Acquired 184.60 BTC, worth ~$11.50M
🔹 Total Net Assets $51.50 Billion in 🇺🇸 Spot ETFs

Total 🇺🇸 #BitcoinETF Overview:
🔰 1 ETFs = +ve Inflow
🔰 10 ETFs = 0 Inflow/Outflow

US Bitcoin ETFs Purchased 184.60 $BTC Yesterday.

🇺🇸 Spot #BitcoinETFs saw another day of Negative inflows with -11.48M ( 09-05-024 )

🔹 #Grayscale Bitcoin ETF sees -$43.40M Outflows
🔹 Total Net Assets ~$53 Billion in Spot ETFs

Total inflows of -$11.48M in Spot #BitcoinETF
1️⃣ $IBIT +$14M ( 228 BTC )
2️⃣ $FBTC +$2.70M ( 44 BTC )
3️⃣ $ARKB +$4.40M ( 72 BTC )
4️⃣ $BITB +$6.80M ( 111 BTC )
5️⃣ $BTCO +$2.20M ( 36 BTC )
6️⃣ $EZBC +$1.80M ( 29.43 BTC )
7️⃣ $GBTC -$43.40M ( -710 BTC )

🔹 6 ETFs = +ve Inflow
🔹 1 ETFs = -ve Inflow
🔹 3 ETFs = 0 Inflow/Outflow

US Bitcoin ETFs Sold ~190 BTC$BTC Yesterday which is Equal to Approximately Half days supply.

🇭🇰 Hong Kong #BitcoinETFs saw Negative inflows with -5.52M ( 09-05-024 )

🇭🇰 Bitcoin ETFs hold 4222 #Bitcoin after 7 days

Total inflows of -$5.52M in Spot 🇭🇰 #BitcoinETF
1⃣ China AMC -$4.89M ( -80 BTC )
2⃣ Bosera & Hashkey -$623k ( -10.19 BTC )
3⃣ Harvest 0

🇭🇰 Bitcoin ETFs Sold -90.20 $BTC Today.

🇺🇸 Spot #BitcoinETFs Positive inflows with $65.96M ( 13-05-024 )

🔹 #Grayscale & #Blackrock saw Zero Inflow/Outflows
🔹 Total Value Traded: $1.36 Billion ( As of 13th May )
🔹 Total Net Assets ~$52.86 Billion in 🇺🇸 Spot ETFs
🔹 Only #Fidelity #Bitwise #VanEck saw +ve Inflow

Total inflows of $65.96M in Spot 🇺🇸#BitcoinETF
1⃣ $BITB $20M ( 330.32 BTC )
2⃣ $FBTC +$39M ( 628 BTC )
3⃣ $HODL +$7M ( 115.53 BTC )
4⃣ Others = Zero Inflow/Outflow

🔰 3 ETFs = +ve Inflow
🔰 8 ETFs = 0 Inflow/Outflow

US Bitcoin ETFs Bought 1074 $BTC Yesterday which is Equal to Approximately 2 and Half days supply.

US Spot #BitcoinETF Positive inflows with +$21M ( 26-06-2024 )

🔹 #Grayscale saw +$4M Inflow
🔹 #Blackrock Zero Inflow/outflow
🔹 Total Value Traded: $926 Million ( As of 26th June )
🔹 Total Net Assets ~$53 Billion in Spot ETFs

Total inflows of +$21M in Spot 🇺🇸Bitcoin ETFs
1⃣ $GBTC +$4M (+70 BTC)
2⃣ $FBTC +$19M (+301 BTC)
3⃣ $ARKB -$5M (-79 BTC)
4⃣ $HODL +$3M (+55 BTC)

🔰 3 ETFs = +ve Inflow
🔰 1 ETFs = -ve Inflow
🔰 7 ETFs = 0 Inflow/Outflow

US Bitcoin ETFs Bought 346 $BTC Yesterday, which is Equal to Approximately 1 days supply.

US Spot #BitcoinETF Positive inflows with +$12M ( 27-06-2024 )

🔹 #Grayscale saw -$11M Inflow
🔹 #Blackrock Zero Inflow/outflow
🔹 Total Value Traded: $920 Million ( As of 27th June )
🔹 Total Net Assets ~$53 Billion in Spot ETFs

Total inflows of +$12M in Spot 🇺🇸Bitcoin ETFs
1⃣ $GBTC -$11M (-187 BTC)
2⃣ $FBTC +$7M (+110 BTC)
3⃣ $ARKB +$2M (+30 BTC)
4⃣ $BITB +8M (+131 BTC)
5⃣ $BTCO +$3M (+51 BTC)
6⃣ $EXBC +$4M (+59 BTC)

🔰 5 ETFs = +ve Inflow
🔰 1 ETFs = -ve Inflow
🔰 5 ETFs = 0 Inflow/Outflow

US Bitcoin ETFs Bought 194 $BTC Yesterday, which is Equal to Approximately Half days supply.