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The Holdings of Bitcoin in Securities Products With BTC as the Underlying Asset Decreased by 54.57% From the Beginning of October

By Simon LawsonNovember 8, 20221 Min Read
The Holdings of Bitcoin in Securities Products With Btc as the Underlying Asset Decreased by 54.57% From the Beginning of October
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According to OKLink data, the current total value of securities products with BTC and ETH as underlying assets is US$9.697 billion, a decrease of 0.31% from the previous day and an increase of 1.78% from last week.

Among them, securities products with BTC as the underlying asset held about 63,636 bitcoins (valued at $2.097 billion), a decrease of 54.57% from the beginning of October. Securities products with ETH as the underlying asset hold approximately 567,581 ETH (valued at $929 million), accounting for 0.48% of ETH’s market capitalization.

This may indicate that institutional investors have significantly reduced demand for BTC and ETH. Securities products with BTC and ETH as underlying assets can be publicly traded in traditional securities trading markets, and investors can track BTC and ETH risk exposure through such products.

DISCLAIMER: The information provided by WebsCrypto does not represent any investment suggestion. The articles published on this site only represent personal opinions and have nothing to do with the official position of WebsCrypto.
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