This can fuel the longest Crypto Bull Run in history

GM. Today on Money Printer Go Brrr newsletter:

• Bitcoin ETFs eat 10X more BTC than miners can make

• This can fuel the longest Crypto Bull Run in history

• Coinbase Pay will allow users to buy & sell crypto directly from Ledger

Top Crypto Gainers (24h)

Bitcoin ETFs eat 10X more BTC than miners can make

Bitcoin ETFs are on a shopping spree, grabbing 10 times more Bitcoin than what miners are digging up in just a couple of days.

In a single day:

⇾ ETFs added around $493.4 million in Bitcoin to their pots (~10k BTC),

⇾ miners' contribution was just 1,059 BTC

Biggest player? ⇾ BlackRock's iShares Bitcoin Trust, leading the pack with the most inflows.

This imbalance between demand (ETF buying) and supply (mining) could lead to tighter Bitcoin availability and impact on market value 🔥

Who’s performing like crazy – inflows in ETFs BTC:

• BlackRock's IBIT experienced the largest inflow – $374.7 million,

• Fidelity's FBTC fund also saw a significant inflow of $151.9 million,

• Ark 21 Shares' ARKB fund received an inflow of $40 million.

However, there were outflows of $95 million from Grayscale and $20.8 million from Invesco's BTCO, which partially offset these gains.

Why does it matter? 👀

These inflows make the bitcoin rare.

It reduces the amount of Bitcoin available because ETFs have to buy spot BTC from exchanges.

It boosts investor confidence & attracts more mainstream & institutional investors.

Watch full interview of Bitcoin pioneer Anthony Pompliano here 👉 https://twitter.com/i/status/1757030179489157575

This can fuel the longest Crypto Bull Run in history

Things are starting to heat up in the crypto market:

• Market cap close to $2 trillion;

• Bitcoin price at $50,000;

• Markets are better now than two years ago, with new positive factors.

The crypto scene's got some new tricks up its sleeve that are keeping things interesting:

1️⃣ Lower interest rates - the Fed is cutting rates, making borrowing cheaper;

2️⃣ Tech innovations – new blockchain & scalability solutions are making crypto faster & more efficient;

3️⃣ New crypto areas – growth in AI, asset tokenization, & restaking is creating fresh investment opportunities;

4️⃣ Friendlier regulations – big financial players entering crypto lead to more positive regulations;

5️⃣ Fewer bad actors – the market is cleaning up, with less room for scams & failed projects, making it more stable.

💭 You’re still early – the main act hasn't even hit the stage yet!

We can see this in the relatively low level of retail investor engagement, suggesting that the market is still in an early growth stage 🔥.

Coinbase Pay will allow users to buy & sell crypto directly from Ledger

Ledger's teaming up with Coinbase to make our crypto lives a bit easier. 🔥

Ledger is a one of the most known hardware wallets that provides secure storage for cryptocurrencies.

It allows users to keep their private keys offline.

💡 What’s Ledger Live app? ⇾ it’s like your control panel for your hardware wallet:

• a software app

• you can manage your cryptocurrencies

• perform firmware updates to your hardware wallet

They're plugging Coinbase Pay right into the Ledger Live app, so you can shuffle your crypto over to your Ledger wallet without fussing over additional fees. 👀

👀The benefits are: no additional fees, instant transactions, and no KYC (but you must have it on Coinbase).

💡 How you to do it:

1. Open the Ledger Live app

2. Tap the Transfer button and then tap Buy

3. Tap Compare providers

4. Select the crypto you want to buy and enter the amount

5. Select your country

6. Select ACH, Visa, Mastercard or Maestro and tap Find eligible providers

7. Select Coinbase as a provider.

Stashing your crypto riches in a hardware wallet isn't just smart – it's like building a digital Fort Knox for your bytes of gold.

ℹ️ Learn more about how you can do this 👉 https://www.ledger.com/academy/how-to-make-sure-that-my-crypto-stays-safe-with-ledger

Keep your crypto safe! See you soon. ✊

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