{"id":289,"date":"2024-09-26T09:16:32","date_gmt":"2024-09-26T09:16:32","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=289"},"modified":"2024-09-26T09:16:32","modified_gmt":"2024-09-26T09:16:32","slug":"us-inches-closer-to-reclaiming-bitcoin-leadership-driven-by-growing-spot-etf-demand-analyst-reports","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=289","title":{"rendered":"US Inches Closer To Reclaiming Bitcoin Leadership Driven By Growing Spot ETF Demand, Analyst Reports"},"content":{"rendered":"<div>\n<p><strong>Ki Young Ju<\/strong>, a prominent cryptocurrency analyst, drew attention to the U.S. regaining its supremacy in <strong>Bitcoin <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) holdings, with the rise attributed to spot exchange-traded funds (ETFs) demand.<\/p>\n<p><strong>What Happened<\/strong>: On Tuesday, Ki Young Ju took to X to highlight the growing <strong>U.S To The Rest Reserve Ratio<\/strong>, a metric developed by his blockchain analytics firm CryptoQuant. <\/p>\n<p>\u201cThe U.S. is regaining dominance in Bitcoin holdings. Its ratio compared to other countries is rising, driven by spot ETF demand,\u201d Young Ju stated.<\/p>\n<p>The ratio, which tracked known entities in the U.S. like exchanges, banks, and investment funds, against non-U.S. entities, rose from 1.35 beginning July to 1.43 as of Sept. 25. <\/p>\n<p><figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><\/p>\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">The \ud83c\uddfa\ud83c\uddf8U.S. is regaining dominance &#8230;<\/p>\n<\/blockquote>\n<\/div>\n<\/figure>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/09\/41040976\/us-inches-closer-to-reclaiming-bitcoin-leadership-driven-by-growing-spot-etf-demand-analys\" alt=\"US\" inches closer to reclaiming bitcoin leadership driven by growing spot etf demand analyst reports>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Ki Young Ju, a prominent cryptocurrency analyst, drew attention to the U.S. regaining its supremacy in Bitcoin (CRYPTO: BTC) holdings, with the rise attributed to spot exchange-traded funds (ETFs) demand. What Happened: On Tuesday, Ki Young Ju took to X to highlight the growing U.S To The Rest Reserve Ratio, a metric developed by his [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-289","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/289","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=289"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/289\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=289"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=289"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=289"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}