 surged about 3% on Oct. 29 and surpassed $70,000 again after June thanks to net inflows through Bitcoin Spot Exchange Traded Fund(ETF) in the U.S. The reason for the surge in Bitcoin is the net inflow through Bitcoin Spot ETFs in the fourth week of October. Bitcoin Spot ETFs in the U.S. recorded a net inflow of about $920 million in the fourth week of October, with a cumulative net inflow of about $25.4 billion. 2. VanEck \"Bitcoin Reaches $3M', 'https://img.blockstreet.co.kr/photo/2024/08/30/20240830000001_0640.jpg', 'https%3A%2F%2Fwww.blockstreet.co.kr%2Fnews%2Fview%3Fud%3D2024102908505942693'));){kind=link}
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Bitcoin(BTC) surged about 3% on Oct. 29 and surpassed $70,000 again after June thanks to net inflows through Bitcoin Spot Exchange Traded Fund(ETF) in the U.S. The reason for the surge in Bitcoin is the net inflow through Bitcoin Spot ETFs in the fourth week of October. Bitcoin Spot ETFs in the U.S. recorded a net inflow of about $920 million in the fourth week of October, with a cumulative net inflow of about $25.4 billion.
2. VanEck "Bitcoin Reaches $3M In 2050"
In a report published by asset manager VanEck on Oct. 28, he claimed that Bitcoin will not only be able to play an important role in international trade by 2030, but will also be adopted as a reserve asset for central banks and will have a price of about $3 million each. VanEck explained that global central banks will hold 2% of their reserve assets in Bitcoin, and that the price of Bitcoin could reach $3 million each if such a scenario is completed.
3. SEC Chairman Gensler Is Publicly Condemned By Bloomberg Broadcasting
Gary Gensler, chairman of the U.S. Securities and Exchange Commission(SEC), was under public criticism in an interview with Bloomberg News that took place on Oct. 28. In an interview with Gensler, a Bloomberg interviewer asked the question, "If former President Trump is elected, I will fire you. What do you think?" Gensler did not answer the question calmly.
권승원 기자 ksw@