ETF | ForkLog - Part 20

ForkLog 15 16.01.2025

VanEck files to launch Onchain Economy ETF

Investment firm VanEck has filed with the SEC to launch an exchange-traded fund called the Onchain Economy ETF. According to the filing, the new financial product will not make direct investments in cryptocurrencies or commodities. Instead, “at least 80% of net assets will be directed to companies engaged in digital transformation and/or instruments based on […]

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ForkLog 70 16.01.2025

Bloomberg analyst sees strong odds of a Litecoin ETF approval

An exchange-traded fund based on Litecoin (LTC) is likely to be the next spot crypto ETF in the US, Bloomberg analyst Eric Balchunas said. We had heard chatter that the Litecoin S-1 had gotten comments back from SEC. This looks to confirm that which bodes well for our prediction that Litecoin is most likely to […]

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ForkLog 61 16.01.2025

Bitwise says a national government is weighing bitcoin ETFs

At least one unnamed country has shown interest in investing in the first cryptocurrency via exchange-traded funds (ETFs), according to Bitwise CEO Hunter Horsley. We just provided some information for a nation state asking about Bitcoin ETFs. Considering moving some exposure from foreign currency govt bonds into BTC. Bitcoin is entering a new chapter — […]

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ForkLog 17 16.01.2025

HashKey Group sees bitcoin at $300,000 in 2025

In 2025, the prices of bitcoin and Ethereum will surpass $300,000 and $8,000, respectively. These projections appear in 10 crypto predictions for the year from HashKey Group. According to the firm’s experts, the market capitalisation of digital assets will rise to $10trn. Among 50,000 community participants of the newly launched L2 called HashKey Chain, this […]

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ForkLog 19 15.01.2025

SEC delays decision on Bitwise crypto fund’s conversion to an ETF

The US Securities and Exchange Commission (SEC) has extended by 45 days the deadline for deciding on the application to convert Bitwise’s index fund into an ETF. According to the company’s website, the Bitwise 10 Crypto Index Fund (BITW) tracks the ten “most valuable vetted cryptocurrencies,” weighted by market capitalisation. The basket is rebalanced monthly. […]

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ForkLog 29 14.01.2025

Open interest in options on BlackRock’s IBIT nears half of Deribit’s

Two months after the start of trading, open interest in options on BlackRock’s bitcoin ETF has risen to nearly 50% of the total on leading platform Deribit, CoinDesk reported. As of January 13, the figures stood at $11bn and $23bn, respectively. The launch of IBIT options has given U.S. institutional investors a regulated product, unlike […]

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ForkLog 25 14.01.2025

JPMorgan pegs potential inflows into Solana and XRP spot ETFs at up to $14bn

Inflows into spot ETFs based on Solana (SOL) and XRP over the first six months could outstrip those of comparable Ethereum funds, Cointelegraph reports, citing a JPMorgan note. The analysts benchmarked investment volumes attracted by exchange-traded products tied to the two largest cryptocurrencies by market capitalisation. Launched a year ago in the United States, spot […]

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ForkLog 57 14.01.2025

BlackRock says bitcoin adoption outpaces the internet and mobile phones

Since bitcoin’s launch in 2009, its adoption has outpaced that of the internet and mobile phones, according to BlackRock. It took the first cryptocurrency 12 years to reach 300 million users, versus 15 for the internet and 21 for mobile phones. Bitcoin’s faster trajectory has been driven by: demographics—the young are considered “digital native”, which […]

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ForkLog 8 14.01.2025

Outflows from spot bitcoin ETFs top $1bn in three days

On 13 January, spot bitcoin ETFs saw $284.2m in outflows. Over the past three days, investors have withdrawn a total of $1.02bn. Data: SoSoValue. Cumulative inflows since the approval of BTC ETFs in January have fallen to $35.93bn. AUM across the products fell to $105.1bn. IBIT accounts for 48.9% ($51.5bn) of that total. Together with […]

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ForkLog 64 13.01.2025

Laser Digital sees a strong 2025 for crypto ETFs

Analysts at Laser Digital expect 2025 to be a strong year for crypto ETFs worldwide. In its January Laser Focus report, the firm highlighted 12 applications from crypto exchange-traded fund issuers already awaiting review by the SEC. Among the anticipated launches are a ProShares ETF, as well as derivatives based on Litecoin, Hedera, XRP and […]

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ForkLog 40 12.01.2025

Spot bitcoin ETFs turn one: volumes, leaders and adoption

January 11 marked one year since the start of trading for spot bitcoin ETFs in the United States. Analysts highlighted the segment’s striking growth and forecast even greater institutional interest. Milestones According to SoSoValue, since launch 12 issuers have accumulated 1.13 million BTC worth $106.6 billion — 5.4% of the coin’s total supply. Cumulative trading […]

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ForkLog 74 09.01.2025

Spot bitcoin ETFs see the largest outflow in three weeks

On January 8, outflows from spot bitcoin exchange-traded funds totaled $582.9 million. Over the preceding four days, investors had put $1.95 billion into the products. Data: SoSoValue. The largest outflow was from Fidelity’s FBTC ($285.7 million) — the biggest on record. Cumulative inflows since the approval of BTC ETFs in January reached $36.37 billion. AUM […]

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