3Lun·

$BTC (+0,74 %)
Spot ETFs had an absolute record day yesterday 🚀

On yesterday's trading day alone, over 1.3 billion dollars flowed into the Bitcoin Spot ETFs, which is a record.

The $IBIT of $BLK received 1.1 billion $🤯 alone

This brings the inflows since the ETFs started trading in January to over 25.5 billion dollars.

To put it in Larry Fink's words "$IBIT is the fastest growing ETF in the history of ETFs."

Source: https://farside.co.uk/btc/

13 Comentarios

“Klaatu_Barada_Nikto!“@Ash

3Lun

My first Bitcoin purchase was also in January this year - funny coincidence. Back then it was still via TR, but I've since corrected that. 🚀

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Joris Englert@rich_one_day

3Lun

@Ash Where are you buying now? I also sold at tr after the Trump victory and am now looking for a good alternative

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“Klaatu_Barada_Nikto!“@Ash

3Lun

@rich_one_day I buy weekly with a savings plan at Strike. From the second week of the savings plan, Strike no longer charges any fees. 😋 Take a look at the article and comments from @stefan_21. I've attached the link for you. There are cheaper exchanges for one-off purchases in terms of fees. I think @stefan_21 recommends Binance here.

https://getqu.in/cmhMm8/ https://getqu.in/cmhMm8/

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Stefan21@stefan_21

3Lun

@rich_one_day Strike, 21Bitcoin and Relai are great for savings plans. The "old" exchanges such as Binance, Kraken and Co. are well suited for larger one-off purchases, as the fees are very low.
However, it is important to know that you pay a fixed fee in Bitcoin for withdrawals, which is why these exchanges are only worthwhile for larger amounts :)

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user5ca946a11b6a4278@user5ca946a11b6a4278

3Lun

@rich_one_day
I can recommend Bitvavo. 0.25% fees. Really good.

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Nostradonkey💩@DonkeyInvestor

3Lun

And yet there was no significant price increase yesterday 🤷

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GG H.@GGHyperX

3Lun

@stefan_21 you as a crypto expert. Do you know how to exchange from Ledger Live $ADA to $BTC?

I searched for Nami/Minswap as in the documentation but found nothing...

https://support.ledger.com/de/article/5057003665565-zd

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Stefan21@stefan_21

3Lun

@GGHyperX I haven't used Ledger for a long time, but there used to be a "Swap" button for cryptocurrencies. So if you go to Cardano, there should be "Swap" next to "Buy" and "Sell". And then you could swap that into Bitcoin. But I don't know whether swapping is supported for ADA and whether it's still the same as it was a few years ago...

If necessary, you would simply have to sell ADA and then buy Bitcoin.

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GG H.@GGHyperX

3Lun

Only have the options:

Send
Receive
Stake
Buy

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Stefan21@stefan_21

3Lun

@GGHyperX just looked it up :)
"You can swap crypto assets in Ledger Live. This service is offered through our third-party partner Changelly and supports swapping Bitcoin (BTC) , Ethereum (ETH), XRP, Stellar (XLM), Solana (SOL), Polkadot (DOT), Tether (USDT), USDC and many more!"

Swap at ADA is not supported as far as I can see...

https://support.ledger.com/article/4404381458065-zd#:~:text=You%20can%20swap%20crypto%20assets,crypto%20supported%20for%20swap%20here.

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GG H.@GGHyperX

3Lun

@stefan_21 had then sent the coins directly to Binance and exchanged them for BTC

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GG H.@GGHyperX

3Lun

@stefan_21Is there actually a way to transfer BTC (cheaper) than via the BTC blockchain from Binance to the ledger? I have to pay almost 7€ in fees

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Stefan21@stefan_21

3Lun

@GGHyperX Yes and no :D
Binance is not really ideal for smaller purchases. Sure, you have low fees, but Binance charges a fixed fee in Bitcoin for withdrawals, which I find pretty stupid.

So it's not even the BTC network fees you have to pay, Binance just shoves it in :D

You could have the Bitcoin paid out more cheaply with Lightning. However, the swap from Lightning to OnChain then costs additional fees...
You'd have to see how much cheaper it would be to use Lightning and whether it's worth it :)

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