Bitcoin miners earned approximately $815 million in September 2024, with $801.8 million from block rewards and $13.8 million from transaction fees. This marks the lowest revenue figure in the past year, down nearly threefold from the $2.01 billion peak in March 2024.
On November 25, MicroStrategy CEO Michael Saylor announced the acquisition of 55,500 Bitcoin at an average price of ~$97,862, totaling $5.4 billion. As of November 24, 2024,
The following image illustrates a comparison between Spot Bitcoin ETFs and such stock market titans as the SPDR S&P500 ETF Trust and Invesco QQQ Trust Series 1, based on Bloomberg's data as of January 11, 2024.
Ulrich Bindseil, Director General of Market Infrastructure and Payments at the European Central Bank, along with his advisor Jürgen Schaaf, have openly expressed their disappointment with Bitcoin ETFs and the influx of capital into the crypto sector after the SEC's landmark decision.
