🚨 BlackRock, the Wall Street giant, seeks approval for a Bitcoin ETF with DOWNSIDE PROTECTION 👀
Wall Street isn’t just buying Bitcoin anymore: now it’s packaging it for investors who are afraid of it.
🟠 Bitcoin (~81,600): BlackRock sought approval in the U.S. for an ETF that uses options (contracts that work like insurance) on its Bitcoin fund to cushion some of the drops, in exchange for limiting gains. The request came on the same day Bitcoin ETFs received $527 million, at Monday’s close. Bitcoin has been stuck between 80,000 and 84,000 for weeks: breaking out of that range will set the next big move.
🔷 ETH (~2,390): its ETFs saw $103 million in outflows yesterday, marking three straight weeks of withdrawals. Big money is still choosing Bitcoin first; holding 2,380 is key in the short term.
🟣 SOL (~104): a company that once held more than 2 million SOL in its treasury has now sold it all to buy back its own shares. Even so, SOL is holding above 100, and that’s the level to watch.
🟡 BNB (~728): the network burned 1.64 million BNB, worth about $1.2 billion, in its 37th quarterly burn. About 131.5 million remain in circulation: fewer coins can fuel long-term growth if demand holds.
When Wall Street designs products for the most cautious investors, it expects many more people to join in.
Would you buy Bitcoin with insurance, even if it meant earning less? 👇
#Bitcoin #BlackRock #ETF #BNB #Solana
Wall Street isn’t just buying Bitcoin anymore: now it’s packaging it for investors who are afraid of it.
🟠 Bitcoin (~81,600): BlackRock sought approval in the U.S. for an ETF that uses options (contracts that work like insurance) on its Bitcoin fund to cushion some of the drops, in exchange for limiting gains. The request came on the same day Bitcoin ETFs received $527 million, at Monday’s close. Bitcoin has been stuck between 80,000 and 84,000 for weeks: breaking out of that range will set the next big move.
🔷 ETH (~2,390): its ETFs saw $103 million in outflows yesterday, marking three straight weeks of withdrawals. Big money is still choosing Bitcoin first; holding 2,380 is key in the short term.
🟣 SOL (~104): a company that once held more than 2 million SOL in its treasury has now sold it all to buy back its own shares. Even so, SOL is holding above 100, and that’s the level to watch.
🟡 BNB (~728): the network burned 1.64 million BNB, worth about $1.2 billion, in its 37th quarterly burn. About 131.5 million remain in circulation: fewer coins can fuel long-term growth if demand holds.
When Wall Street designs products for the most cautious investors, it expects many more people to join in.
Would you buy Bitcoin with insurance, even if it meant earning less? 👇
#Bitcoin #BlackRock #ETF #BNB #Solana