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đź’°VanEck's spot bitcoin ETF HODL reports $109 million net increase in Q1, $620 million in BTC: filing
A new filing with the Securities and Exchange Commission illuminates key figures for the spot bitcoin exchange-traded fund (ETF) HODL, issued by the digital asset arm of the investment manager VanEck. For the first fiscal quarter ending March 31, 2024, HODL's bitcoin investment amounted to 8,711 BTC, for a value of $619,067,103, and the fund had a $109 million increase in net assets, according to the Monday filing.
đź’°VanEck's spot bitcoin ETF HODL reports $109 million net increase in Q1, $620 million in BTC: filing
A new filing with the Securities and Exchange Commission illuminates key figures for the spot bitcoin exchange-traded fund (ETF) HODL, issued by the digital asset arm of the investment manager VanEck. For the first fiscal quarter ending March 31, 2024, HODL's bitcoin investment amounted to 8,711 BTC, for a value of $619,067,103, and the fund had a $109 million increase in net assets, according to the Monday filing.
The Singapore stock market has alternated between positive and negative finishes through the last five trading days since the end of the two-day winning streak in which it had added more than a dozen points or 0.4 percent. The Straits Times Index now sits just above the 3,060-point plateau and it's likely to see a narrow trading range on Monday.
China’s stock markets are some of the largest in the world, with total market capitalization reaching RMB 79 trillion (US$12.2 trillion) in 2020. China’s stock markets are seen as a crucial tool for driving economic growth, in particular for financing the country’s rapidly growing high-tech sectors.Although traditionally closed off to overseas investors, China’s financial markets have gradually been loosening restrictions over the past couple of decades. At the same time, reforms have sought to make it easier for Chinese companies to list on onshore stock exchanges, and new programs have been launched in attempts to lure some of China’s most coveted overseas-listed companies back to the country.
