ETF | ForkLog - Part 21

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 34 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 71 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 Over the past three days, investors have withdrawn a total of $1.02bn.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 46 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 75 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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ForkLog 76 07.01.2025

Daily inflows into spot bitcoin ETFs hit $987m

As bitcoin climbed back above $100,000, net inflows into spot bitcoin ETFs on January 6 reached $987 million, a new high since late November.

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ForkLog 23 04.01.2025

Bitcoin spot ETFs see biggest daily inflow in six weeks

On January 3, daily inflows into US spot bitcoin ETFs reached $908m — the highest since late November 2024. Data: SoSoValue. Fidelity’s FBTC drew the most investor interest — $357m. BlackRock’s IBIT followed with $253m. ARK Invest and 21Shares’ ARKB took in $222m, while Bitwise’s BITB received $61m. The remainder went to Grayscale’s BTC ($8.7m) […]

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ForkLog 17 31.12.2024

Ethereum ETF Inflows Halt After Five Days

On December 30, outflows from spot exchange-traded funds based on Ethereum amounted to $55.4 million. Over the previous four days, investors had poured $349.16 million into these products. Data: SoSoValue. Since their launch, these instruments have attracted $2.62 billion. AUM fell to $12.3 billion. The leaders are Grayscale’s ETHE ($4.81 billion) and BlackRock’s ETHA ($3.64 […]

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ForkLog 87 29.12.2024

Volatility Shares Seeks Approval for Solana Futures ETFs

Asset manager Volatility Shares has submitted an application to the SEC to launch ETFs investing in Solana (SOL) futures contracts. According to the documents, the fund aims to use instruments “traded only on an exchange registered with the CFTC.” However, neither such a product nor a spot Solana ETF currently exists. The Volatility Shares fund […]

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