Bullish News for #BITCOIN


- Fidelity applies to launch a bitcoin #ETF


Source :-https://www.reuters.com/article/us-crypto-currency-fidelity-idUSKBN2BG3EX

Nearly 30% of all #ETH is now staked.

Out of 121M ETH in supply, over 36M ETH is locked up and that’s before the Ethereum Staking #ETF gets the green light.

Supply keeps shrinking. Demand could get crazy.

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📊📈 #ETH sets on-chain activity records in August:

- DEX volume hit $135B;
- TVL has crossed $240B;
- Transactions reached 48M;
- Aactive addresses hit 15M;

Over the last months, Ethereum rose on #ETF inflows despite low on-chain activity, but that’s finally changed.

Yesterday saw $741M in Bitcoin ETF inflows, the largest in the past 2 months.

Strong institutional demand is back on the table.

#Bitcoin #ETF #Crypto