BlackRock’s Bitcoin ETF Surpasses Grayscale’s In 3 Months; DTX Presale Draws Whale Attention

The
cryptocurrency
market
value
and
activity
soared
massively
after
Bitcoin
ETFs
launched.
Grayscale’s
ETF
had
the
highest
AUM
value
then
and
has
now
fallen
to
second
place
after

BlackRock’s
Bitcoin
ETF

surpassed
it.
Meanwhile,
presale
token

DTX

sees
a
rise
in
whale
transactions.
Explore
Bitcoin
ETF
market
movements
and
DTX
Exchange’s
(DTX)
public
presale.

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BlackRock’s
Bitcoin
ETF
Attracts
Higher
Inflows
To
Tops
The
Market

SoSoValue,
an
on-chain
Bitcoin
ETF
market
analyst,
reported
that
on
May
28,
2024,
Blackrock’s Bitcoin ETF, IBIT, surpassed Grayscale’s GBTCBlackrock’s Bitcoin ETF, IBIT, surpassed Grayscale’s GBTC”>

Blackrock’s
Bitcoin
ETF,
IBIT,
surpassed
Grayscale’s
GBTC

in
value
of
AUM.
While
Grayscale
started
with
the
largest
AUM
on
launch
in
January,
BlackRock’s
BTC
ETF
has
been
the
most
popular,
enjoying

higher
investment
inflows.

According
to
the
report,
between
January
11
and
May
28,
BlacRock’s
BTC
ETF
received
286,671
Bitcoin
(BTC),
valuing
the
ETF
AUM
at

$19.79
billion.
Meanwhile,
Grayscale’s
ETF
has
experienced
massive
outflows,
causing
its
AUM
value
to
fall
to

$19.75
billion,
pushing
BlackRock’s
IBIT
to

market
leadership

96
days
after
launch. 

Following
the
announcement,
Bitcoin
(BTC)
fell
from

$69,392

to

$68,296

the
following
day.
Other
crypto
market
forces
instigated
the
Bitcoin
drop,
resulting
in
investor
skepticism
about
Bitcoin
future. 

This
Bitcoin
drop
came
after
Bitcoin
(BTC)
broke
through
a
consolidation
phase,
rising

7%

from

$66,278

to

$70,597

between
May
20
and
May
27.
With
experts
suggesting
a

bearish
market
sentiment

for
Bitcoin
(BTC)
as
selling
pressure
rises,
a
further
Bitcoin
drop
is
expected
in
the
short
term. 

However,
long-term
Bitcoin
(BTC)
price
predictions
remain
bullish,
with
forecasts
expecting
it
to
reach

$80,000

by
the
end
of
the
year. 

DTX
Exchange
(DTX) 
Attracts
Whales
In
Its
Ongoing
Public
Presale

DTX Exchange (DTX)DTX Exchange (DTX)”>

DTX
Exchange
(DTX)

has
pulled
crypto
whales
to
its
ongoing
public
presale
due
to
its
massive
profit
potential
and
unique
hybrid
strategy.
Aspiring
to
be
the
best
DeFi
company,
DTX
offers
a

decentralized
platform

to
trade
over
120,000
TradFi
products
and
cryptocurrencies.
Realizing
its
growth
potential,
large
crypto
buyers
flock
to
its
blockchain
ICO. 

DTX
caters
to
newbie
investors
with
a
massive
cache
of
educational
material
that
is
easily
accessed
on
the
platform.
Furthermore,
veteran
investors
will
have
an
easy
time
on
DTX
Exchange
because
of
its
elegant
navigational
interface
that
eases
profitability. 

Moreover,
DTX
offers
traders
cutting-edge
tools
and
capabilities
to
maximize
profits
and
advanced
security
with
non-custodial
wallets. 

The
multistage
public
presale
is
in
Round
2,
with
over

$588,000

raised
against
a
$2
million
target.
The
speed
at
which
DTX
has
reached
the
current
stage
and
inflows
indicates
massive
investor
interest
in
the
product
because
of
its
underlying
profit
potential.
Moreover,
as
the
presale
progresses,
early
investors
expect
significant
profits
as
prices
increase
with
the
close
of
every
round,
with
a

50%

rise
expected
when
it
reaches
Round
3. 

With
the
presale
promising
a

500%
ROI

when
it
reaches
the
projected

$0.12

listing
price,
whales
buying
DTX
at
the
current
valuation
of

$0.04

anticipates
a

30x

price
increase
when
it
starts
trading
on
exchanges.

Visit DTX Exchange PresaleVisit DTX Exchange Presale”>

Visit
DTX
Exchange
Presale

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The
DTX
Community