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Daily Crypto News- In Just Two Days, The Bitcoin Futures ETF Has Amassed $1 Billion In Assets Under Management (AUM)

Daily Crypto News- In Just Two Days, The Bitcoin Futures ETF Has Amassed $1 Billion In Assets Under Management (AUM)

Anubha Anand

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In just two days, the Bitcoin futures ETF has amassed $1 billion in assets under management (AUM)

Since it began trading this week; the ProShares Bitcoin(BTC) Strategy ETF has been the fastest fund to surpass $1 billion in AUM. In just two days, the bitcoin futures EFT has amassed $1 billion in AUM. The much-anticipated launch of BITO; the first Bitcoin futures exchange-traded fund in the United States, has resulted in a number of significant accomplishments.

Ethereum Rallies Above $4K

Ethereum(ETH), like bitcoin, surged beyond the $4,000 resistance level against the US dollar. ETH is retracing its gains, although bulls may continue aggressive near $4,000. Ethereum has begun a new uptrend above the $3,880 and $4,000 resistance levels. The price is currently trading above $4,000 and above the 100 hourly simple moving average.

DeFi TVL reaches a new high of more than $233 billion

The total value locked in DeFi protocols increased to $233.8 billion as token prices rose and stable coin inclusion increased; sending the measure to a new high. There is currently more than $233.88 billion in value locked in protocols; including Binance Smart Chain (BSC), Avalanche (AVAX), and wrapped Bitcoin (WBTC).

According to on-chain data, approximately 70% of Dogecoin (DOGE) holders are profiting

A well-known meme coin According to IntoTheBlock’s on-chain data; Dogecoin(DOGE) has had a fantastic year, with many of its holders benefiting from its vigorous runs throughout the year. According to IntoTheBlock data; up to 70% of Dogecoin holders are currently profitable; despite the fact that the coin is still a long way from its all-time high of $0.70.

LUNA Outshines Bitcoin’s Rally, to set for Massive Gains

Bulls are in control as Bitcoin and the crypto market set new all-time highs; Terra(LUNA) enters the top 10 with a 12.9% gain on the daily chart. At press time, this cryptocurrency was trading above $40 and had outperformed BTC and key altcoins in lesser timeframes.

GARI, India’s First Crypto Token, is Launched by Salman Khan. What is it & How you can use it?

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