{"id":13142,"date":"2024-05-02T11:00:16","date_gmt":"2024-05-02T08:00:16","guid":{"rendered":"https:\/\/forklog.com\/en\/vaneck-assesses-bitcoin-holdings-of-etfs-nations-and-companies\/"},"modified":"2024-05-02T11:00:16","modified_gmt":"2024-05-02T08:00:16","slug":"vaneck-assesses-bitcoin-holdings-of-etfs-nations-and-companies","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/vaneck-assesses-bitcoin-holdings-of-etfs-nations-and-companies\/","title":{"rendered":"VanEck Assesses Bitcoin Holdings of ETFs, Nations, and Companies"},"content":{"rendered":"<p>The combined value of bitcoins held in the wallets of various nations, public, and private companies amounts to $175 billion, according to calculations by VanEck, reports <a href=\"https:\/\/www.theblock.co\/post\/292011\/vaneck-says-about-175-billion-in-bitcoin-held-by-etfs-nations-and-companies\">The Block<\/a>.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/1-1019.webp\" alt=\"1-1019\" class=\"wp-image-231938\"\/><figcaption class=\"wp-element-caption\">Data: The Block.<\/figcaption><\/figure>\n<p>This figure represents approximately 15% of the total market capitalization of the leading cryptocurrency, according to <a href=\"https:\/\/www.coingecko.com\/\">CoinGecko<\/a>.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>\u201cInterest in digital gold among institutional investors has also grown. Hedge funds, asset management firms, and <\/em><a href=\"https:\/\/ru.wikipedia.org\/wiki\/%D0%AD%D0%BD%D0%B4%D0%B0%D1%83%D0%BC%D0%B5%D0%BD%D1%82\"><em>endowments<\/em><\/a><em> increasingly recognize its potential for capital preservation,\u201d<\/em> the report states.<\/p>\n<\/blockquote>\n<p>Analysts also noted the growing popularity of bitcoin among merchants as a means of payment. Infrastructure is being built to enhance its usability for ordinary people, they added.<\/p>\n<p>Earlier, Standard Chartered confirmed their targets for the leading cryptocurrency for 2024-2025 at $150,000 and $250,000. The drivers will be inflows into spot BTC-ETFs and purchases by sovereign wealth funds.<\/p>\n<p>In March, the volume held by MicroStrategy <a href=\"https:\/\/u1f987.com\/en\/news\/microstrategys-bitcoin-holdings-surpass-1-of-cryptocurrencys-total-supply\">surpassed 1% of the total supply of digital gold<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The combined value of bitcoins held in the wallets of various nations, public, and private companies amounts to $175 billion, according to calculations by VanEck, reports The Block. Data: The Block. This figure represents approximately 15% of the total market capitalization of the leading cryptocurrency, according to CoinGecko. \u201cInterest in digital gold among institutional investors [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":13141,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,1145,783],"class_list":["post-13142","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-market-analysis","tag-vaneck"],"aioseo_notices":[],"amp_enabled":true,"views":"33","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/13142","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=13142"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/13142\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/13141"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=13142"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=13142"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=13142"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}