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ETF anomaly | Bitcoin ETF collective decline Strategy never sell commitment end Holding ratio accounts for nearly 4% of total Bitcoin supply.
Bitcoin ETFs collectively fell, as of the time of writing, CSOP Bitcoin ETF (03179) fell by 3.33%, closing at 5.375 Hong Kong dollars; Huaxia Ethereum (03046) fell by 3.16%, closing at 5.365 Hong Kong dollars; Bosera Ethereum (03009) fell by 3.03%, closing at 1.73 Hong Kong dollars; Huaxia Bitcoin (03042) fell by 2.81%, closing at 9.67 Hong Kong dollars.
Bitcoin ETFs collectively fell, as of the time of writing, CSOP Bitcoin ETF (03179) fell by 3.33% to 5.375 Hong Kong dollars; Huaxia Ethereum (03046) fell by 3.16% to 5.365 Hong Kong dollars; Boshi Ethereum (03009) fell by 3.03% to 1.73 Hong Kong dollars; and Huaxia Bitcoin (03042) fell by 2.81% to 9.67 Hong Kong dollars. On the news front, Strategy President and CEO Phong Le recently stated that selling Bitcoin for dollars, or to pay off debt, as long as it helps to increase the value of Bitcoin per share, is within the company's consideration. This is the first time the company has publicly announced a shift in strategy since founder and Chairman Michael Saylor established the "Never Sell" principle. As of the end of the first quarter, Strategy held 818,334 bitcoins, accounting for nearly 4% of the total Bitcoin supply.
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