Cryptocurrency News

Canadians buy the dip as Purpose Bitcoin ETF holdings reach new highs

06/01/2022

Less than a minute

2022.06.01 23:45

Canadians buy the dip as Purpose Bitcoin ETF holdings reach new highs

Despite May’s price correction, which took Bitcoin (BTC) as low as $23,800, institutional investors seem unwilling to lose confidence in the cryptocurrency.

The Purpose Bitcoin ETF, launched in February 2021, has been seeing a consistent inflow over the last five trading days. The fund’s holdings have increased to 43,701.7 BTC as of Tuesday, according to Glassnode data reported by Jan Wustenfeld. That’s the highest level on record.

06/01/2022

Less than a minute

Leave a Reply Cancel reply

You must be logged in to post a comment.

Bitcoin (BTC) $ 96,547.87 0.13%

Ethereum (ETH) $ 2,753.19 2.64%

XRP (XRP) $ 2.56 0.75%

Tether (USDT) $ 1.00 0.02%

BNB (BNB) $ 665.97 2.29%

Solana (SOL) $ 170.37 0.24%

USDC (USDC) $ 1.00 0.00%

Dogecoin (DOGE) $ 0.243874 0.76%

Cardano (ADA) $ 0.769283 0.27%

Lido Staked Ether (STETH) $ 2,743.21 2.39%

TRON (TRX) $ 0.241735 1.24%

wrapped-bitcoin

Wrapped Bitcoin (WBTC) $ 96,338.81 0.05%

Chainlink (LINK) $ 17.80 1.50%

Wrapped stETH (WSTETH) $ 3,286.04 2.63%

Avalanche (AVAX) $ 25.66 1.32%

Sui (SUI) $ 3.41 2.20%

Stellar (XLM) $ 0.330816 0.78%

Litecoin (LTC) $ 126.65 1.61%

the-open-network

Toncoin (TON) $ 3.76 4.58%

Shiba Inu (SHIB) $ 0.000016 2.38%

hedera-hashgraph

Hedera (HBAR) $ 0.214148 1.26%

LEO Token (LEO) $ 9.70 0.30%

USDS (USDS) $ 1.00 0.02%

MANTRA (OM) $ 8.51 11.88%

Hyperliquid (HYPE) $ 24.31 2.12%

Polkadot (DOT) $ 5.06 2.10%

WETH (WETH) $ 2,751.67 2.55%

Bitcoin Cash (BCH) $ 327.69 2.93%

Bitget Token (BGB) $ 5.08 0.78%

Ethena USDe (USDE) $ 0.999821 0.04%

Wrapped eETH (WEETH) $ 2,915.81 2.54%

Uniswap (UNI) $ 9.01 2.79%

Monero (XMR) $ 234.04 0.99%

NEAR Protocol (NEAR) $ 3.45 0.41%

Pepe (PEPE) $ 0.000009 2.64%

WhiteBIT Coin (WBT) $ 27.48 0.33%

Aave (AAVE) $ 245.97 1.58%

Ondo (ONDO) $ 1.15 1.70%

Bittensor (TAO) $ 430.99 1.53%

Aptos (APT) $ 5.98 0.42%

internet-computer

Internet Computer (ICP) $ 7.15 0.44%

Dai (DAI) $ 0.9999 0.01%

Official Trump (TRUMP) $ 16.21 0.42%

Ethereum Classic (ETC) $ 20.60 1.96%

Mantle (MNT) $ 0.911444 3.74%

tokenize-xchange

Tokenize Xchange (TKX) $ 38.05 2.89%

OKB (OKB) $ 49.40 0.55%

gatechain-token

Gate (GT) $ 23.48 0.77%

sUSDS (SUSDS) $ 1.04 0.03%

coinbase-wrapped-btc

Coinbase Wrapped BTC (CBBTC) $ 96,516.86 0.12%