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CoinGape

CoinGape

Recently, a large RIA invested millions in Bitwise’s Bitcoin and Kraken

CoinGape
Summary
Nutrition label

69% Informative

Bitwise registered significant investment in its Bitcoin and ETH ETFs from a large Registered Investment Advisor (RIA) Bitwise CEO Hunter Horsley revealed on X that the RIA had accumulated several million dollars worth of their Bitcoin and Ether ETFs.

The announcement comes at a time when BTC ETFs are experiencing record-breaking inflows.

On Friday , Bitcoin ETF flows were positive for $252 million , with Bitwise seeing $42.3 million on Friday .

Price Overbought After 50% Rally? MVRV Ratio Offers Key Insights.

VR Score

63

Informative language

62

Neutral language

37

Article tone

formal

Language

English

Language complexity

41

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

detected

Known propaganda techniques

not detected

Time-value

short-lived

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no affiliate links