Fidelity Digital Assets research analyst Matt Hogan said not making any Bitcoin allocation could become more of a risk to nations than making one.
With a significant move at the start of the week, Bitcoin has revisited the pivotal $100,000 milestone once again. This move has triggered a wave of fresh optimism among crypto enthusiasts as several key metrics have also seen positive movements alongside the recent upswing. BTC’s Market Dynamics Undergoes A Shift Bitcoin’s market dynamics are showing […]
2024 was when crypto matured into a legitimate player in the global financial landscape.
For advisors, retail investors, and many institutional investors, ETFs are our bridge from TradFi to DeFi and will remain a relevant part of the digital asset story in 2025.
With every calendar flip comes fresh opportunities. Here are six resolutions every crypto enthusiast should consider for the coming year.
The move higher will be driven by institutional, corporate and nation-state adoption, the report said.
In 2024, Bitcoin experienced an extraordinary rise in popularity on the social media platform X, formerly known as Twitter. According to recent data, mentions of Bitcoin on X increased by 65% year-over-year, with users publishing over 140 million tweets about the cryptocurrency. Related Reading: Bitcoin Meets Bonds: Ramaswamy’s Strive Asset Management Files With SEC This […]
The exchange-traded funds lost a record $671.9 million as bitcoin extended post-Fed losses below $100,000.
Leveraged MicroStrategy ETFs attracted $3.4 billion of inflows in November, the report said.
Analysts said that two of the biggest cryptocurrencies in the world are riding on the waves of positive sentiments as the exchange-traded funds of Bitcoin and Ethereum reached record highs. The pro-cryptocurrency stance of US President-elect Donald Trump continues to fuel the positive outlook, propelling BTC and ETH to attain unprecedented levels. Related Reading: Operation […]
As Bitcoin’s price continues to fluctuate, several important metrics might be essential in determining the digital asset’s next direction so that crypto enthusiasts and investors can position themselves for notable market shifts in the upcoming days. On-chain Data Reveals Bitcoin’s Momentum Under Threat Kyle Doops, a technical analyst and host of the Crypto Banter show, […]
The crypto market witnessed a significant milestone last week as investment products recorded roughly $3.13 billion in net inflows globally, primarily driven by US spot Bitcoin exchange-traded funds (ETFs), according to data from CoinShares. This surge highlights growing institutional interest and confidence in the crypto market, with Bitcoin leading the charge. CoinShares reveals that the year-to-date net inflows into crypto funds have reached $37 billion, while total assets under management (AUM) soared to a new high of $153 billion. Related Reading: Bitcoin’s MVRV Metric Signals Market Heating Up—Here’s What Investors Should Know Bitcoin Takes The Lead, Altcoins Show Growth The recent inflows mark the seventh consecutive week of positive movements for global crypto investment products managed by leading firms such as BlackRock, Fidelity, Grayscale, and ProShares. A substantial portion of last week’s inflows, approximately $2.05 billion, originated from BlackRock’s IBIT product, underlining the dominance of US-based funds in the global space. These inflows outpaced the first-year debut of US gold ETFs, which attracted only $309 million. Bitcoin-based funds were at the forefront of the inflows, contributing $3 billion of the weekly total. This inflow coincided with Bitcoin’s continued price rally, drawing additional interest from institutional and retail investors. However, the higher prices also spurred a notable $10 million inflow into short-Bitcoin products, bringing the monthly figure for these products to $58 million — the highest since August 2022. While Bitcoin dominated, altcoins also attracted significant investment. Solana emerged as the second-most popular asset among institutional investors, with net weekly inflows of $16 million, surpassing Ethereum’s $2.8 million. Other altcoin-based funds also saw notable inflows, with XRP, Litecoin, and Chainlink attracting $15 million, $4.1 million, and $1.3 million, respectively. These inflows suggest growing confidence in the broader altcoin market, driven by price rallies and increasing adoption. Global Crypto Inflows And Regional Trends US-based funds’ dominance was evident in regional fund flows, accounting for $3.2 billion in net weekly inflows. However, this was slightly “offset” by outflows from European markets, including $84 million, $40 million, and $17 million from crypto investment products in Sweden, Germany, and Switzerland, respectively. Despite these regional outflows, the overall trend remains bullish, driven largely by institutional participation in the US market. Notably, CoinShares’s continuous inflows reflect a combination of factors, including the market’s positive sentiment regarding the bull run and the increasing acceptance of crypto as a legitimate asset class. Related Reading: Ethereum Price Poised for Gains: $3,600 Within Reach? The launch of spot Bitcoin ETFs has been a pivotal development. It provides institutional investors with a regulated avenue to gain exposure to digital assets. As a result, the cryptocurrency market is witnessing a shift toward mainstream adoption, further supported by strong price performance and consistent inflows across various investment products. Featured image created with DALL-E, Chart from TradingView
Crypto-investments firm Bitwise took a big jump Thursday toward offering a Solana exchange traded fund (ETF) in the United States.
Spot crypto ETFs in the US have seen outflows for the first time since Donald Trump was elected, as both Bitcoin and Ethereum fell on the day.
Bitcoin dominance continues its uptrend and hits new highs as ETF inflows soar.
Following their listing, ether ETFs did not enjoy the same response as their bitcoin equivalents had done in January.
The unstoppable price run of Bitcoin, which started a day after the US presidential elections, is creating a ripple effect in the economy. There’s been a massive jump in value recently, with Bitcoin topping $89k earlier today, showing a 27% increase from the previous week. Then, there are record inflows into Bitcoin ETFs, pushing funds […]
Bitcoin and ether ETF inflows soared on one of the biggest days in the BTC's history.
The combined daily trading volume of shares in MicroStrategy, Coinbase and Bitcoin ETFs hit $38 billion as Bitcoin breached $89,000.
Despite facing strong resistance at the $73,000 price level, leading to a notable price drop on Thursday after a remarkable week of upside movement, traders and investors are still betting on Bitcoin, demonstrating a persistent demand for the crypto asset. Bitcoin In Extreme Greed Territory Again After Fews Months Investors’ sentiment around Bitcoin has witnessed […]
As the crypto market maintains its bullish strength, many key metrics of Bitcoin have been demonstrating strong and optimistic trends in recent weeks, which could impact prices positively, suggesting a promising outlook for BTC in the upcoming days. A Strong Growth In Bitcoin Futures Premium Bitcoin‘s futures annualized premium, a crucial metric that often gives […]
The T-REX 2X long MSTR Daily Target ETF (MSTU) has rallied 235% since its introduction six weeks ago, an annualized equivalent return of 57,000%, according to Bloomberg analysis.
The crypto industry faces the next big risk on the way to a maturing asset class: irrelevance, says Ilan Solot.
According to CoinShares, anticipation for the United States elections and Republican gains are fueling bullish market sentiment.
The launch of options on spot bitcoin exchange-traded funds will reduce the incentives to hold MicroStrategy stock over BTC ETFs, the report said.
In a recent move to boost the growth of crypto investment products in Japan, a coalition of Japanese companies has recommended that any upcoming exchange-traded funds (ETFs) in the region should focus on Bitcoin (BTC) and Ethereum (ETH). This recommendation comes as Japan debates whether to follow the US and other nations that have already […]
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
Canary Capital Group, a new digital asset-focused investment firm founded by former Valkyrie Funds co-founder Steven McClurg, seemingly wants to become a leader in the world of crypto exchange-traded funds (ETFs) rather than a follower.
South Korea’s top financial regulator, the Financial Services Commission (FSC), is reportedly initiating a review process to reconsider its stance on the ban on spot cryptocurrency exchange-traded funds (ETFs). This comes after forming a new cryptocurrency advisory committee within the regulator, signaling a potential shift from its earlier, more stringent stance on digital asset exposure […]
Bitcoin struggles to overcome the $64,000 resistance as investors choose to invest in stocks and seek shelter in cash options amid socio-political uncertainty.