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home / news releases / OBTC - VanEck Crypto Monthly Recap For January 2024

OBTC - VanEck Crypto Monthly Recap For January 2024

Osprey Bitcoin Trust Unit Ben Int

2024-02-09 05:30:00 ET

Summary

  • Bitcoin’s 30-day volatility reached its highest level since April 2023 in January after the approval and listing of 10 new spot bitcoin ETFs in the US.
  • An airdrop can be thought of as marketing spend to bootstrap a user base.
  • Eigenlayer can be thought of as a service that escrows liquid staking tokens, redeemable/tradable certificates of deposits for staked ETH, and leases out the value of those in exchange for fees.

Bitcoin's volatility surged with $30B cumulative volumes in new US ETFs, countered by dwindling futures and ETN outflows, suggesting potential market growth amid varied sector performance.

Please note that VanEck may have a position(s) in the digital asset(s) described below. ...

For further details see:

VanEck Crypto Monthly Recap For January 2024
Stock Information
Company Name: Osprey Bitcoin Trust Unit Ben Int
Stock Symbol: OBTC
Market: OTC
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