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- #Over 100 Companies Hold Over 830,000 BTC#
According to reports as of June 19, more than 100 companies collectively hold over 830,000 BTC, worth about $86.476 billion.
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#GateRedBullRacingTour# - 📢 Gate releases its latest Reserve Audit Report!
💰 Total reserves: $10.453B
🟢 Excess reserves: $1.96B — ensuring full coverage and extra security for user assets.
Gate continues to uphold 100% proof-of-reserves and full transparency.
🔗 Read the full report: https://www.gate.com/zh/announcements/article/45617
The US capital markets board, the SEC (Securities and Exchange Commission), has announced that it has allowed the trading of the "2x Bitcoin Strategy ETF", a leveraged Bitcoin futures exchange-traded fund (ETF). This marks a shift in the cryptocurrency world, with the SEC earlier rejecting and withdrawing applications for leveraged and Bitcoin futures ETF applications. The approved ETF has been applied for by the company Volatility Shares and will begin trading on the CBOE on June 27, 2023. This development can be considered as an important step that shows that more adoption and investment opportunities for Bitcoin may increase.
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