2023-6-20 20:30 |
Quick Take On June 15, we had news of the BlackRock spot ETF being filed, and now we are waiting on the verdict of the SEC. Only one of BlackRock’s 576 ETFs it has filed has been denied by the SEC. The news seems to have spurred on Bitcoin accumulation from many different cohorts. Whales with 10,000 Bitcoin or more are still in accumulation but in a much lighter tone, according to Glassnode data as of June 19. Other cohorts are starting to see light accumulation aside from the 100-1,000 Bitcoin cohort. Accumulation Trend Score by cohort: (Source: Glassnode)
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