US spot Bitcoin ETFs pass 1M BTC held, 5% of US voters will vote based on crypto
Episode description
I said yesterday that the spot Bitcoin ETFs in the US have gone parabolic, and they continued on that trajectory, surpassing 1M BTC held collectively, primarily courtesy of BlackRock, which achieved record inflows. This has worried some analysts though, as ETF FOMO has previously marked local tops. Elsewhere, the venture capital firm, Paradigm, released a public opinion poll that showed 5% of US voters see crypto as the decisive factor in who they vote for, and in a tight election, that could make all the difference. So, for all of this and much more, grab yourself a coffee and stick your headphones on for 10 minutes!
Further reading:
- Bitcoin investors pile $875M into BlackRock fund amid crypto rally
- BTC price risks new 'FOMO' top as Bitcoin ETF inflows near $1B daily
- 5% of US voters identify as single-issue crypto voters — Paradigm poll
- Ex-FTX exec sentenced to time served after guilty plea
- Paradigm October 2024 Public Opinion Poll
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