BREAKING
223d 3h ago

Figma Boosts Bitcoin ETF Holdings to $100 Million with New $30 Million BTC Purchase Approval

BTC

BTC/USDT

$71,354.77
+3.55%
24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short
65.5%
Long: 65.5%Short: 34.5%
Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$71,351.87

2.98%

Volume (24h): -

Resistance Levels
Resistance 3$79,008.03
Resistance 2$75,548.63
Resistance 1$72,179.52
Price$71,351.87
Support 1$70,589.27
Support 2$67,300.00
Support 3$62,909.86
Pivot (PP):$70,598.27
Trend:Downtrend
RSI (14):35.3

Figma has revealed a substantial investment in Bitcoin ETFs, with disclosed holdings approaching $70 million. This strategic allocation underscores the company’s commitment to diversifying its portfolio through exposure to digital assets. Furthermore, Figma has secured regulatory approval to acquire an additional $30 million in Bitcoin, signaling confidence in the cryptocurrency’s long-term value proposition. The move aligns with a growing trend among institutional investors leveraging cryptocurrency ETFs to gain regulated access to the volatile crypto market while managing risk. By expanding its Bitcoin exposure, Figma positions itself to capitalize on potential upside while adhering to compliance standards. This development highlights the increasing institutional adoption of digital currencies as part of comprehensive asset management strategies.

Share News:
Don't Miss Breaking News