Glassnode, the crypto data provider, has reported that the Purpose Bitcoin exchange-traded fund (ETF) has reached $564 million in assets under management, an impressive feat considering the fund, which launched seven days ago. Just a few days after the world's first #Bitcoin ETF started trading, its holdings are at 8,288 BTC – 2,251 were added yesterday alone.
The ETF's AUM has crossed half a billion USD, currently sitting at $564M.
Charts: https://t.co/gupWslpJDR pic.twitt
There are over 13,000 Bitcoin (BTC) addresses worth at least $1 million, according to data from Glassnode. It takes about 107 BTC for an address to become a dollar millionaire, standing at its current price. However, since this metric is tied to the US dollar, BTC price tends to fluctuate. There Are Over 13K Bitcoin Addresses Worth $1Mhttps://t.co/WSMNoqLAlf
There are over 13,000 Bitcoin (BTC) addresses that are worth at least $1 million, according to data from Glassnode.107
Glassnode’s latest report indicates that Bitcoin network health is close to its maximum despite the recent halving of miner rewards. Glassnode recently introduced its on-chain BTC Index (GNI) that captures a number of key on-chain metrics and combines them into easily digestible charts and numbers. With the release of the Glassnode Network Index, we are bringing you an updated version of The Week On-Chain, with better insights into #Bitcoin's behavior than ever before.
The number of Bitcoin addresses since the second halving has increased across the board, but the number of small wallets with balances of less than 0.1 BTC increased. On May 11, it has been reported by Glassnode that the number of Bitcoin (BTC) addresses with a balance of under 0.01 BTC, approximately $86 at the time of writing after the third halving increased 235% when compared to the second halving in July 2016 by exceeding ten million. The #Bitcoin network has seen immens
The mean hash rate of the Bitcoin (BTC) network has hit new all-time highs to mark the cryptocurrency’s latest technical achievement. It has been reported by Glassnode that a new analysis of Bitcoin’s historical hash rate shows that on January 7, the mean value reached 119 quintillion hashes per second, its best ever at the time. Hash rate refers to the amount of computing power miners are using to validate the Bitcoin blockchain. A large hash rate can also be taken as a stat
Almost $8.9 billion in Bitcoin (BTC) were moved on blockchain in a single hour (excluding change volume) which is Bitcoin that returns to the sender. On Dec. 4, co-founder of on-chain market intelligence firm Glassnode, Rafael Schultze-Kraft pointed out the Bitcoin’s high transaction volume while claiming that such a high hourly transaction value was a first for the network. $8.9 billion in #Bitcoin were moved on–chain in a single hour this afternoon.
It's the highest hourly