Record-breaking month for Bitcoin ETFs in market debut; rising memecoin could outshine Cardano
The cryptocurrency market is witnessing unprecedented growth, with Bitcoin ETFs making a historic debut and the emergence of promising altcoins like Rebel Satoshi ($RBLZ). This article explores the record-breaking month for Bitcoin ETFs and analyzes the potential of Rebel Satoshi in comparison to established players like Cardano. Bitcoin ETFs surge after market debut In recent months, the cryptocurrency market has experienced significant milestones, with the launch of Bitcoin exchange-traded funds (ETFs) marking a historic moment. The process of bringing spot Bitcoin ETFs to the US market took over a decade, but finally, on January 11, 10 such products began trading. The market response has been overwhelming, with these ETFs accumulating an average of $125 million worth of Bitcoin daily over the past four weeks. Despite heavy outflows from the Grayscale Bitcoin Trust (GBTC), Bitcoin ETFs ex-GBTC have amassed over $11 billion worth of Bitcoin in...