Moriam Begum (@moriam) • Hey

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It’s #phairdrop time! 🪂🪂🦄 Introducing Season 1 criteria for Phavercoin $SOCIAL with up to 1:1 Points to Tokens ratio. Check your allocation at www.phairdrop.com and learn how to still earn before the snapshot. 📸 👀 Read below for more updates👇 Today we launched the awaited Level 5 at 3000 Cred. 🎉 To qualify for the 1:1 phairdrop, users need either L5, Creator badge or a Phaver-Up NFT. Phaver-Up holders automatically qualify for same tier as Level 5 in the Phairdrop if one is connected during the snapshot. Each Phaver-Up now earns 300 Points and 50 Cred daily. More perks to come! We’ve also updated posting rewards: Phaves from all your daily posts are now combined for one reward, increasing daily winners.🔥 Remember that $SOCIAL is not yet available to buy or trade anywhere and anyone requesting you to connect a wallet for airdrop purposes is a scammer. Stay safe and beware of scam links. Always verify through our official channels. 🫡
9 New Bitcoin ETFs Accumulate $ 1.3B in BTC in 6 Days as Funds Near the 500,000 Milestone In the span of just six days, the nine freshly launched spot bitcoin exchange-traded funds (ETFs) have gathered 20,859.57 bitcoins, valued at over $ 1.3 billion. Holding 474,363.55 bitcoins worth $ 30.6 billion, these new ETFs are short of 25,636.45 coins to hit the 500,000 milestone. Excluding GBTC, Fidelity’s FBTC and Blackrock’s IBIT Dominate Bitcoin ETFs In Terms of Reserves Held Since their debut on Jan. 11, 2024, the new spot bitcoin ETFs, excluding GBTC, have significantly increased their bitcoin holdings. Among the nine U.S. funds, Blackrock’s IBIT leads with a hefty reserve of 242,829.94 BTC, valued at $ 15.6 billion according to the current BTC exchange rates. This reserve makes IBIT the giant among its peers, accounting for 51.19% of the combined 474,363.55 BTC held by the nine. Following closely, Fidelity’s FBTC holds 135,741.06 BTC worth $ 8.7 billion as of March 23, 2024. This makes up 28.61% of the total bitcoin stash owned by the nine ETFs. Together, IBIT and FBTC dominate, holding 79.8% of the collective total. Ark Invest’s ARKB and Bitwise’s BITB own 40,213 BTC and 30,292.21 BTC, respectively. Vaneck’s HODL ranks fifth, with a holding of 8,116.94 BTC valued at $ 524.6 million as of the morning of March 23. The sixth place is claimed by Valkyrie’s BRRR, holding 6,930.57 BTC, followed by Invesco’s BTCO with 4,996 BTC, Franklin Templeton’s EZBC with approximately 4,118 BTC, and lastly, Wisdomtree’s BTCW with 1,125.84 BTC. With the inclusion of GBTC, seven out of the nine opt for Coinbase Custody for bitcoin storage. Meanwhile, Fidelity independently custodies FBTC’s holdings, Vaneck utilizes Gemini, and Valkyrie opts for Bitgo, keeping Coinbase as an alternative custodian. The collective stash of 474,363.55 BTC by the nine spot bitcoin ETFs represents 2.25% of Bitcoin’s maximum supply of 20,999,999.97 BTC. When GBTC is considered alongside the nine, the total rises to 824,615.55 BTC, approximately 3.92% of Bitcoin’s cap. At the current rate of acquisition, the nine newly launched spot bitcoin ETFs could reach the 500,000 BTC milestone during next week’s trading sessions.