- Over 35 Bitcoin ETF filings are still pending according to the SEC’s records.
- The biggest of these ETF whales comes with $481 billion assets under management.
- Bitcoin is yet to experience a massive pump caused by these new Bitcoin ETF inflows.
The recent Bitcoin (BTC) dip was in a huge part thanks to the massive outflows from Bitcoin ETFs. Even after the outflows, Bitcoin (BTC) did not dip more than a small percent and since then the market has recovered quite nicely.
Following this, a Bitcoin enthusiast takes a moment to explore all the pending Bitcoin ETF filings. From searching through the US SEC filings there are over 35 Bitcoin forms waiting to be approved and these include a massive opportunity for inflows in value from many renowned financial entities.
The enthusiast even goes on to highlight one of these famed entities. In detail, he highlights the Susquehanna International Group who hold $481 billion assets under management making them the biggest Bitcoin ETF whale yet.
Indeed, this is a very bullish time to be in the crypto space. Most traders and investors believe this will be a bull run like no other, only time will tell how much of an impact will be made for crypto and Bitcoin holders across the globe.
Meanwhile, Michael Saylor, the CEO of MicroStrategy, the company which now holds more than 1% of the Bitcoin total supply makes a bold statement. He says Bitcoin will remain a good investment until the majority does not see it as an investment.
He says giving people 10 years to figure out Bitcoin (BTC) is a good investment, because while they figure it out you would have 100x. It seems Michael Saylor is already way ahead of the market, he’s been accumulating for years and encourages people to invest now before the asset won’t be affordable.
