ETF | ForkLog - Part 32

ForkLog 7 17.07.2024

Glassnode Assesses Impact of ETF Flows, Mt.Gox Payouts, and German Government Actions

The Bitcoin market has absorbed 48,000 BTC linked to the German government and is anticipating further sales from Mt.Gox clients. Analysts at Glassnode have examined these factors, as well as the role of ETFs. The #Bitcoin market recently absorbed over 48k BTC in sell-side sourced from the German Government. With Mt Gox distributions also on […]

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ForkLog 15 16.07.2024

Spot Ethereum-ETF Launch Date Announced

Senior Bloomberg exchange analyst Eric Balchunas has announced that trading of spot ETH-ETFs in the United States will commence on July 23. Update: Nate’s instincts were right, hearing SEC finally gotten back to issuers today, asking them to return FINAL S-1s on Wed (incl fees) and then request effectiveness on Monday after close for a […]

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ForkLog 7 16.07.2024

Bitcoin Spot ETF Inflows Surpass $300 Million for Second Consecutive Day

On July 15, inflows into spot Bitcoin ETFs reached $301.4 million, marking a positive trend for the seventh consecutive day, according to SoSoValue. During this period, investors poured $1.49 billion into these instruments. Data: SoSoValue. On July 15, the leaders in dynamics were: IBIT by BlackRock ($117.25 million); ARKB by ARK Invest ($117.19 million); FBTC […]

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ForkLog 5 15.07.2024

Cryptocurrency Inflows Surge Significantly

Inflows into cryptocurrency investment products surged from $441 million to $1.44 billion between July 6 and July 12. This figure marks the fifth-largest in history, according to CoinShares. Since the beginning of the year, a record $17.8 billion has flowed into these instruments. For comparison, in 2021 this figure was $10.6 billion. Data: CoinShares. “Price […]

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ForkLog 9 11.07.2024

Bitwise CIO Predicts Bitcoin Surge to $100,000 by Year-End

The distribution of Mt.Gox assets, sales by German authorities, and the potential sale of coins seized from Silk Road will not hinder Bitcoin’s rise to $100,000 by the end of the year, according to Bitwise CIO Matt Hougan, as reported by The Block. The expert believes these factors will have only a short-term impact, exacerbated […]

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ForkLog 29 11.07.2024

Bitcoin ETF Inflows Persist for Fourth Consecutive Day

On July 10, inflows into spot Bitcoin ETFs amounted to $147.4 million, marking a positive trend for the fourth consecutive day, according to SoSoValue. During this period, investors poured $801.7 million into these instruments. Data: SoSoValue. On July 10, the leaders in dynamics were: FBTC from Fidelity ($57.79 million); EZBC from Franklin Templeton ($31.66 million); […]

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ForkLog 9 10.07.2024

Bitwise Nears Final Steps for Ethereum ETF Approval

All indications suggest that the final formalities before the registration of spot Ethereum ETFs are approaching. This was stated by Bitwise’s Chief Compliance Officer, Katherine Dowling. Bitwise Chief Compliance Officer Katherine Dowling discusses her firm’s Ether ETF application and the potential for new products tied to crypto https://t.co/hKIvliRCnX pic.twitter.com/PvMFeG4wWU — Bloomberg Crypto (@crypto) July 9, […]

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ForkLog 8 09.07.2024

Experts Predict Launch Dates for Spot Ethereum and Solana ETFs

The launch of ETH-ETF is expected between July 15-18. The SOL-ETF could launch in mid-March 2025, contingent on the outcome of the U.S. presidential election. On July 15, the SEC is anticipated to approve the listing of Ethereum-based exchange-traded funds, suggested Nate Geraci, president of The ETF Store. Wen spot eth ETF? BBG sticking w/ […]

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ForkLog 9 09.07.2024

Bitcoin ETF Inflows Surge to Nearly $295 Million, a Monthly High

On July 8, net inflows into spot Bitcoin ETFs reached $294.9 million, up from $143.1 million on the previous trading day, according to SoSoValue. Data: SoSoValue. This figure marks a 21-day high. Total inflows across all BTC-ETFs exceeded $15 billion. Investors allocated $187.21 million to BlackRock’s IBIT, $61.54 million to Fidelity’s FBTC, $25.08 million to […]

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ForkLog 31 05.07.2024

Grayscale’s ETHE Discount Turns to Premium

The price of Grayscale Ethereum Trust (ETHE) has exceeded its NAV by 0.31% for the first time in three years, according to data from YCharts. Source: YCharts. The premium or discount to NAV indicates how much higher or lower the market price of each share is compared to the value of Ethereum. The discount began […]

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ForkLog 10 04.07.2024

Bitcoin’s Potential Drop to $50,000 Raises Concerns

A “double top” reversal pattern is forming on the Bitcoin chart. Miners, ETF buyers, and hodlers are selling, with a reversal possible if stablecoin supply increases. Investors continue to bet on ETH-ETF approval by purchasing call options for September-December. A sharp decline in Bitcoin may not stop at $57,000 and could push the price down […]

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ForkLog 8 04.07.2024

Bitwise Updates S-1 Filing for Spot Ethereum ETF

Asset manager Bitwise has submitted an updated S-1 form for a spot Ethereum-based exchange-traded fund (ETF) just days before the July 8 deadline. Sources from The Block indicated that the SEC has not specified an exact timeline for reviewing the documents, but companies might receive approval by the end of next week. Bloomberg analyst Eric […]

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