IBIT has added 33,000 Bitcoins weekly over the past 3 weeks
According to statistics from HODL15Capital, in the past 3 weeks, IBIT has added 33,000 Bitcoins per week, while GBTC has lost 22,000 Bitcoins per week. At this rate, IBIT will surpass GBTC within 3 weeks.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Gold price rebound faces a test as US Treasury yields fall

After the midterm elections, AI cools down and bonds benefit: 10-year US Treasury options bet on yields heading towards 4.35%
In this week's US midterm elections, the Democratic Party swept Congress, leading to a massive sell-off of major US tech stocks. As a result, demand for safe-haven assets surged, and US Treasury prices soared across the board on Thursday.

Buyers Disappear Amid AI Sell-off! Goldman Sachs Trading Desk Phones Flooded With Calls But No Takers, Hedge Funds and Retail Investors Withdraw Together
Goldman Sachs traders stated that Wednesday was one of the busiest trading days for their equities desk this year, while Thursday was the complete opposite. Investors were asking how much further the market could fall, but there was almost no buying activity; some hedge funds began selling stocks they had just bought on Wednesday. UBS data showed that Thursday's selling pressure mainly came from hedge funds. According to JPMorgan estimates, retail investors had a net sell-off of about $1.3 billion, marking the highest single-day volume in a year. The "fear index" VIX surged intraday to an eight-month high. Investors rushed to purchase protective options, and premiums for main equity index put options were twice the usual amount.

Airbnb (ABNB.US) Q3 accelerates across the board: revenue grows 19%, fastest in over three years, new $12 billion buyback, and raises full-year guidance
This shareholder letter, which opens with "Airbnb returns to growth mode," has delivered on its promises: revenue growth reached its fastest pace in over three years, booking volume accelerated significantly compared to the previous quarter, the company announced a new $12 billion share buyback authorization and raised its full-year guidance. Boosted by these developments, the stock price surged nearly 12% in after-hours trading.