Bitwise's official data shows that as of May 3rd local time, its spot Bitcoin exchange-traded fund BITB held 33,459.61 BTC, an increase of 539.66 Bitcoins from the previous trading day. Its position value also returned to above $2 billion with this increase, currently reaching $2,067,172,924.23. In addition, the current BITB circulating share has increased to 61,380,000 shares, with each share holding 0.000545 BTC.

Bitwise official data shows that as of May 2nd local time, its Bitcoin exchange-traded fund BITB holds 32,919.95 BTC, which has not changed from the previous trading day. However, with the decline in the price of Bitcoin, its position value has fallen below the $2 billion mark, currently reaching $1,948,327,880.49. In addition, the current circulating share of BITB is 60,390,000 shares, which has not changed from the previous day.

Bitwise's official data shows that as of April 26th local time, the Bitcoin holdings of its Bitcoin exchange-traded fund BITB reached 33,888 BTC, a decrease of about 60 BTC from the previous day. It has been sold for two consecutive days, with a market value of approximately 2,165,342,638.549 US dollars. In addition, the current circulation of BITB shares has dropped to 62,160,000 shares, with each share holding 0.000545 BTC.

Bitwise CEO Hunter Horsley stated on X platform that the net inflow of BITB this week is approximately $11,000,000.

According to official data from Bitwise, as of April 3rd local time, its Bitcoin spot ETF (BITB) holds 32,105.38 BTC with a position value of $2,115,591,955.75. Currently, BITB has a circulating share of 58,890,000.

Bitwise's Chief Investment Officer, Matthew Hougan, stated that as institutional investors gradually enter the cryptocurrency field, they may inject up to $1 trillion into Bitcoin through ETFs. Specifically, if global wealth managers allocate 1% of their investment portfolio to Bitcoin on average, it means that about $1 trillion of funds will flow into the field. In a memo sent to investment professionals, Hougan addressed concerns about Bitcoin's price volatility. As Bitcoin rebounds between $60,000 and $70,000, he said the best approach is to "stay calm and focus on the long term."

Bitwise has updated its holding data for its spot Bitcoin ETF. As of March 22nd, BITB holdings have exceeded 30,000 BTC for the first time, reaching 30,292.21 BTC with a market value of approximately $1,932,031,770.25 USD. There are 55,560,000 outstanding shares, with each share holding 0.000545 BTC.

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Bitwise shared excerpts from its CIO Matt Hougan's weekly memo to investment professionals on X. The specific content is as follows:"In the past seven weeks, we have heard the following types of people say they are buying Bitcoin ETFs, including individual retail investors, registered investment advisors (RIAs), family offices, hedge funds, venture capital funds, and asset management companies.As important as who is buying today is who will buy tomorrow. At Bitwise, and I suspect other Bitcoin ETF issuers as well, we are engaged in serious due diligence discussions with the following institutions: major securities firms, institutional consultants, and large corporations. These are massive categories representing trillions of dollars in assets. Based on current trends, I would guess we will see the first significant inflows from these three types of investors in Q2 2024."

Matt Hougan, the Chief Investment Officer of Bitwise, warned investors to be skeptical of overvalued cryptocurrency projects, as the crypto market is experiencing a "wealth effect." Hougan explained that the recent surge in Bitcoin's price has led investors to diversify their profits into more questionable cryptocurrency tokens, which could give them a false sense of legitimacy. Be careful out there. Many bad projects have received funding during strong bull markets, and the valuations of many projects have reached insane levels.