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Nine new U.S. spot bitcoin ETFs, excluding Grayscale’s converted fund, now hold over 100,000 BTC in assets under management.BlackRock’s spot bitcoin ETF (IBIT) leads with 40,213 BTC in holdings, followed by Fidelity’s FBTC with 34,152 BTC.
The bitcoin price has fallen below the $39,000 mark, causing a significant decline in short-term holder profits, according to Bitfinex.This market shift could result in increased sell pressure from the short-term holder cohort, analysts added.
Quick Take Gamee confirmed that its GMEE token contracts on Polygon suffered an exploit that resulted in the theft of 600 million tokens. The Gamee token fell 64% over the past 24 hours, with the exploiter converting the stolen tokens into ETH and MATIC.
The total crypto market cap has lost approximately $100 billion in the past two days alone.
