ETF | ForkLog - Part 25

ForkLog 9 22.10.2024

Bitcoin Options Traders Bet on Post-Election Surge to $80,000

Bitcoin options market participants have positioned for a bullish scenario following the U.S. presidential election and the Federal Reserve’s FOMC meeting, increasing OI in November calls with strike prices above $80,000, according to The Block. The first event is scheduled for November 5, followed by the second three days later. The probability of the Federal […]

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ForkLog 30 21.10.2024

Institutional Demand Drives Inflows to Bitcoin ETFs, Expert Explains

On October 18, inflows into spot Bitcoin ETFs reached $273.7 million, with a total of $2.38 billion over the past six days. Data: SoSoValue. Cumulative inflows into these products since trading began in January have approached $21 billion. Nate Geraci, president of ETF Store, commented on the data. Monster day for spot btc ETFs… $550mil […]

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ForkLog 22 19.10.2024

SEC Approves Trading of Options on Spot Bitcoin ETFs on NYSE and CBOE

The U.S. Securities and Exchange Commission (SEC) has sanctioned the trading of options on exchange-traded funds based on the spot price of the leading cryptocurrency on the NYSE and CBOE. The products in question include Fidelity Wise Origin Bitcoin Fund, ARK21Shares Bitcoin ETF, Invesco Galaxy Bitcoin ETF, Franklin Bitcoin ETF, VanEck Bitcoin Trust, WisdomTree Bitcoin […]

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ForkLog 33 18.10.2024

Morgan Stanley’s Bitcoin ETF Investments Reach $272 Million

Morgan Stanley’s investments in spot bitcoin ETFs have surpassed $272 million, equivalent to 0.02% of the bank’s AUM of $1.2 trillion. The investment bank has observed significant client interest in these products following their approval by the SEC. Morgan Stanley made these exchange-traded products available in August this year. Total inflows into BTC-ETFs since trading […]

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ForkLog 8 17.10.2024

Quantity Funds Launches Gold and Bitcoin-Based ETF

Quantity Funds has launched an exchange-traded fund (ETF) based on a basket of futures and ETP on gold and bitcoin, aiming to hedge against inflation and currency devaluation. The issuer of the STKD Bitcoin & Gold ETF (BTGD) views these two scarce assets as a safeguard against such risks. The fund does not invest directly […]

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ForkLog 9 17.10.2024

QCP Capital Observes Bitcoin Call Options with $120,000 Strike Price

On the evening of October 16, there was a noticeable demand for March bitcoin call options with a strike price of $120,000. These purchases were accompanied by a rise in quotes above $68,000, noted QCP Capital. Analysts saw this as a signal of the return of optimistic long-term buyers. Experts noted the continued uncertainty surrounding […]

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ForkLog 23 16.10.2024

Canary Capital Seeks SEC Approval for Spot Litecoin ETF

The crypto investment firm Canary Capital has filed an S-1 application with the SEC to register a spot Litecoin ETF. The custodian and administrator of the product have not been specified. “Litecoin plays a leading role in the broader cryptocurrency ecosystem […] and is attractive to a wider range of institutional investors,” the document states. […]

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ForkLog 6 15.10.2024

Spot Bitcoin ETFs Attract Highest Inflows Since June, Reaching $556 Million

On October 14, inflows into spot Bitcoin ETFs reached $555.9 million—the highest since June 4, according to SoSoValue. Data: SoSoValue. Positive changes were recorded in 10 out of 12 products, with the remaining showing no change. The leaders were FBTC from Fidelity ($239.3 million) and BITB from Bitwise ($100 million). Inflows for other instruments were […]

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ForkLog 72 09.10.2024

Solana’s Potential Fivefold Surge Hinges on Trump’s Victory, Say Experts

By the end of 2025, Solana could increase fivefold if Republican candidate Donald Trump wins the U.S. presidential election, according to Standard Chartered, as reported by The Block. In this scenario, digital gold would quadruple in value, while Ethereum would triple. Experts added that if Democrat Kamala Harris takes the White House, Bitcoin would outperform […]

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ForkLog 6 08.10.2024

Bitfinex Highlights Reduced Risk of Bitcoin’s “Sudden Drop”

The decline of Bitcoin from $66,500 to $60,000 last week is seen as a “healthy pullback” that reduces the risk of a “sudden drop” in the coming days and weeks, according to Bitfinex. Experts observed a 10% drop as a sign of “cautious sentiment” among investors. They believe buyers may still seek opportunities to consolidate […]

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ForkLog 20 08.10.2024

Bloomberg Analyst Criticised for Ethereum Misinformation

Bloomberg’s renowned ETF analyst Eric Balchunas faced criticism for allegedly spreading false information regarding Ethereum’s decentralisation level. When asked to recommend the best book on Bitcoin or other cryptocurrencies, the expert suggested “Bitcoin: Beginner’s Guide” by Benjamin Hart, and shared excerpts from the book. For me it was Bitcoin: Beginner’s Guide by @BenHart_Freedom. I saw […]

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ForkLog 7 07.10.2024

Fed Rate Uncertainty Triggers Crypto Fund Outflows

From September 29 to October 5, cryptocurrency investment funds experienced outflows totaling $147 million, following an inflow of $1.29 billion the previous week, according to CoinShares. Data: CoinShares. This negative trend emerged after three weeks of inflows. Experts noted that stronger-than-expected macroeconomic data reduced the likelihood of significant monetary policy easing, leading to deteriorating investor […]

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