The amount of BTC held by public companies has gained significant market share from that held in spot ETFs. Do these institutions know something we don't?
On Dec 30, Saylor’s firm purchased a further 1,914 BTC worth $94 million. The company has gained more than $2.1 billion in profit since its initial BTpurchase in August 2020.of BTC holdings inside ETFs and public company treasuries available for public ownership via equity markets, based on crowdsourced corporate treasury data.
Spot Exchange Traded Funds hold BTC, as opposed to Futures, in which companies purchase exposure via contracts from the CME futures market. Since MicroStrategy's"Bitcoin for Corporations" conference in Feb 2021, public companies* holding significant BTC have gained market share from spot ETFs** as a way to access BTC exposure on public equity markets.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
A look back at the biggest bitcoin ETF news of 2021The Block takes a look back at the key bitcoin ETF news events of 2021, from Gensler's confirmation, to futures approvals, to spot denials.
Read more »
The year for Bitcoin — A 2021 roundup of the flagship crypto
Read more »
The scientific workplace in 2021The impact on careers of a lingering pandemic and industrial unrest were among the challenges faced by working scientists in the past 12 months
Read more »
PH 2021 | Best nearly new super saloon to buyFast four doors are better than ever - here is the pick of a lightly used bunch 💰
Read more »
The Biggest Twists in DC Comics in 2021A number of high-profile twists and turns kept DC fans on the edges of their seats in 2021, and here is a recap of some of the most shocking.
Read more »
2021 ends as Chicago’s deadliest year in a quarter centuryThe year of 2021 ended as one of the most violent on record in Chicago, as a rise in the number of shootings left more people dead than in any single year in a quarter century.
Read more »