© Reuters. Bitcoin ETFs See $10 Billion Traded in Just Three Days, Ripple and Hedera Leaders Meet for Groundbreaking Talk, Robinhood Adds Billions in SHIB: U.Today's Crypto News Digest
U.Today – Don't miss anything happening in the world of cryptocurrencies with U.Today's top three stories from the past day.
ETF: $10 billion traded in just three days
In an impressive development, Bitcoin ETFs recorded a total trading volume of $10 billion in just a three-day period. According to a post ) with $1,995 billion and 1,468 million dollars, respectively. This increase in trading indicates that both institutional and individual investors are becoming more comfortable trading Bitcoin through traditional investment vehicles. Seyffart's post did not go unnoticed by another ETF analyst, Eric Balchunas, who compared the trading volume of Bitcoin ETFs to all ETFs launched in 2023. Given that the new ETFs brought in a combined volume of $450 million, the Bitcoin ETF market outperformed them by a significant margin. Balchunas refers to this volume as “crazy.”
meets Hedera: Breakthrough Talk from Crypto Leaders
Max Walker-Williams, founder of Utopian Lab, recently shared on platform X that he conducted an interview with Ripple CEO Brad Garlinghouse and Hedera co-founder Dr. Leemon Baird. The two company leaders met to discuss the future of the industry. This meeting is a notable milestone for the cryptocurrency sphere as it indicates the potential for greater cooperation and unification within the emerging industry. During the interview, Walker-Williams brought these two prominent figures together to discuss the potential for greater collaboration within the industry. Speaking on behalf of Ripple, Garlinghouse emphasized the importance of these collaborations, saying: “We will make sure to start talking about whether we can collaborate as well.” Before that, Baird said that he really enjoyed having conversations about tokenization on social network X.
Robinhood (NASDAQ 🙂 Adds Billions of (SHIB) to Its Holdings
According to data provided by Arkham Intelligence, it appears that Robinhood has recently added more Shiba Inu tokens to its holdings. SHIB enthusiast Lola (@CryptoLollla) noted in her recent X post that Robinhood's Shiba Inu stash has increased by billions of SHIB in the previous 24 hours, citing data from Arkham Intelligence. On January 16, Lola posted about the growth of Robinhood's portfolios from around 35 million SHIB to 36.454 billion SHIB, confirming her words by attaching screenshots from the Arkham Intelligence website. Yesterday, Robinhood's SHIB balance constituted 36.684 trillion SHIB, which means the addition of around 230 billion SHIB tokens over the last day; However, at the time of writing, the figure has decreased somewhat and currently stands at 36.656 billion SHIB.
This article was originally published on U.Today.
