Bitcoin exchange-traded funds, or ETFs, approved in the United States on January 10 currently hold an average of 646.000 BTC, worth more than $25.800 billion. This and more news in this handy daily summary so that you are always informed with the most recent events that occur within the crypto world.
Grayscale and BlackRock continue to lead the Bitcoin ETF market
📍Bitcoin-based investment funds listed on US exchanges hold a total of 646.000 BTC. Most of these BTC are found in ETFs offered by Grayscale Investments and BlackRock, the largest asset manager in the world.
I agree with you data of the Buy Bitcoin World Wide platform, Grayscale's Grayscale Bitcoin Trust and BlackRock's iShares Bitcoin Trust currently hold 536.695 BTC and 44.004 BTC, respectively.
Source: Buy Bitcoin World Wide
In the last week, BlackRock's Nasdaq-listed Bitcoin ETF IBIT has seen notable growth, increasing its holdings of the cryptocurrency. According to the platform, last week, the amount of bitcoins in the IBIT was 11.440 BTC, while, at the time of writing this article, this ETF holds a total of 44.004 BTC, with a value of more than $1.760 billion. This represents a growth of approximately 280% in the last week.
46 new Bitcoin whales are born
📍46 new entities now own more than 1.000 bitcoins. The on-chain cryptocurrency analyst, Ali Martínez, pointed out that, despite the correction seen in the value of BTC, which is trading above $40.000 in the market at the time of writing this article, the whales of the crypto world continue to accumulate bitcoins.
In a post shared on cryptoassets.
According to Martinez, the whales' investment in BTC is not slowing down due to the recent price drop, but on the contrary, entities are taking advantage of the market correction to accumulate more BTC, he highlighted.
Martinez too he highlighted the exponential growth that Bitcoin spot ETFs have had, in relation to the cryptocurrency holding, in the last week.
Phishing attacks on Trezor users begin
📍Trezor users have started receiving phishing emails that could put their cryptocurrencies at risk. The company SatoshiLabs, which develops the Trezor hardware wallet, warned its users about a new phishing attack, which began as a result of a vulnerability that allowed the contact information of approximately 66.000 of the company's clients to be leaked.
As reported by this medium, the names, nicknames and emails of 66.000 users of Trezor were stolen by an unauthorized party due to an exploited vulnerability in the third-party support ticket portal used by the company, which allowed the attacker to access hardware wallet user data. At that time, Trezor warned that a new phishing campaign could begin targeting affected users, so it warned of the vulnerability and called on those affected to improve the security of their personal information.
Now, the company reported that a user has received an unauthorized email, which is more of a phishing attempt.
The fake email invites the user to update the software of the hardware device. However, SatoshiLabs clarified that this is a fraudulent update, which has not been authorized by the company, and that users must be alert so as not to fall into the trap and not put their cryptocurrencies at risk.
Although the vulnerability that allowed the attacker to access the data of Trezor users did not affect the security of the hardware wallet, through phishing, attackers can trick their victims into accessing their private keys and, thereby, steal your cryptocurrency funds.
Therefore, the company reminds users that they should not access malicious links they receive through email messages and that they should not provide, under any circumstances, any type of information or their recovery phrases or private keys.
Core Scientific returns to the stock market
📍Bitcoin mining company Core Scientific is listed again on Nasdaq, after overcoming bankruptcy. Reuters reported that the cryptocurrency company has completed the reorganization process and that its shares are now available on the stock exchange again.
Core Scientific trading on the Nasdaq resumed Wednesday morning, the agency said. Thanks to its successful recovery plan, the company managed to cut $400 million of debt from its balance sheet, which has helped it recover after declaring bankruptcy in December 2022.
Continue reading: Lyn Alden: Bitcoin ETFs are not the key catalyst for the next bull market
IMPORTANT: The content of this article is for informational purposes only and, in no case, what is written here should be taken as investment advice or recommendations. Bit2Me News reminds you that before making any investment you should educate yourself and know where you invest your money, as well as the pros and cons of the system. We separate ourselves from the actions and consequences that ignorance may entail. If you decide to invest in this or another asset class, you are solely responsible for the consequences that your decisions and actions may have.
