ETF | ForkLog - Part 43

ForkLog 49 13.03.2024

Bitcoin ETF Inflows Hit Record $1.05 Billion in a Day

On March 12, net inflows into spot exchange-traded funds (ETFs) based on the leading cryptocurrency reached $1.05 billion. This figure surpasses the previous February record of $673 million by 56%. Daily inflows into spot Bitcoin ETFs. Data: SoSoValue. According to SoSoValue, BlackRock continues to lead the ETF race, with IBIT volume increasing by $848 million […]

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ForkLog 29 12.03.2024

BlackRock’s Spot Bitcoin ETF AUM Surpasses 200,000 BTC

Just two months after the launch of the first spot Bitcoin ETFs in the US, the assets under management of BlackRock’s IBIT fund have exceeded 200,000 BTC ($14.6 billion).

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ForkLog 5 12.03.2024

Analysts Observe ETF News Impact on Ethereum Options

Expectations for the continuation of Ethereum’s upward trend have become less optimistic over a one to two-month horizon, according to options market observations by QCP Capital. QCP: Two major macro events coming up (CPI tonight, FOMC next week). The vol-market continues to express the bullishness in BTC as vols remain very elevated for the calls […]

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ForkLog 9 12.03.2024

Bloomberg Analysts Lower Odds of Spot Ethereum ETF Approval to 35%

Bloomberg experts have reduced the chances of spot ETH-ETF approval in May to 35%. The decline in optimism is due to the SEC’s low engagement in discussions with issuers. The PoS mechanism, price manipulation risks, and the potential classification of the asset as a security pose additional challenges for a positive verdict. Bloomberg analyst Eric […]

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ForkLog 17 11.03.2024

Grayscale and Coinbase Discuss ETH-ETF Conversion with SEC

Coinbase presented arguments for converting Grayscale’s Ethereum Trust into a spot ETF. SEC representatives showed little enthusiasm during the discussion. Bloomberg and FOX Business see this as reducing the likelihood of product approval in May. Representatives from Grayscale and Coinbase discussed with the SEC the rule changes necessary to launch an ETF based on the […]

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ForkLog 8 08.03.2024

JPMorgan Questions Bitcoin’s Ability to Replace Gold in Investor Portfolios

Bitcoin has outperformed gold in investor portfolios when adjusted for volatility, but in terms of value, this is unrealistic. This conclusion was reached by JPMorgan, reports The Block. Analysts noted that the status quo will persist, despite significant inflows into ETFs based on the first cryptocurrency. According to the specialists, risk is a critical factor. […]

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ForkLog 8 07.03.2024

Michael Saylor: Spot Bitcoin ETFs to Surpass Gold-Based Funds

This summer, Bitcoin ETFs will surpass gold-based funds in asset volume. BlackRock’s IBIT set a new record for daily inflow and trading volume. The combined turnover of the products exceeded that of Microsoft shares. Gold ETFs remain the largest in the exchange-traded commodities category but will soon be overtaken by their counterparts based on the […]

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ForkLog 10 06.03.2024

Glassnode Reports Increased Bitcoin Sales by Long-Term Holders as Price Nears All-Time High

Monthly sales by long-term investors have surged to 257,000 BTC as the price of the leading cryptocurrency approaches its all-time high, according to calculations by Glassnode. As #Bitcoin reached its ATH, a careful assessment reveals a nuanced interplay between exchange and ETF flows indicating market balance, alongside the start of the classic distribution pattern by […]

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ForkLog 11 05.03.2024

Bitcoin ETF Holdings Surpass 1 Million BTC

In the past 90 days, investors have poured an amount equivalent to 133,000 BTC into various regulated Bitcoin products. Their AUM has risen to 1 million BTC, according to ByteTree. ByteTree shows that the BTC held by global Bitcoin ETP products briefly exceeded the 1 million mark, setting a new record. Over the past 90 […]

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ForkLog 9 05.03.2024

SEC Delays Decision on BlackRock’s Spot Ethereum ETF

The U.S. Securities and Exchange Commission (SEC) extended the review period for BlackRock’s application to launch a spot Ethereum ETF. The regulator made a similar decision regarding a comparable proposal from Fidelity. The Commission will continue to collect public comments. Both investment giants submitted applications to register exchange-traded funds based on the spot price of […]

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ForkLog 13 05.03.2024

Glassnode Analyzes Bitcoin Halving’s Impact on Tokenomics

Daily issuance of new bitcoins will drop from 900 BTC to 450 BTC post-halving. Following previous events, prices increased by 460-7745% within a year. Spot Bitcoin ETFs will support upward pressure on prices. The upcoming halving in April will reduce the daily issuance of new bitcoins from 900 BTC to 450 BTC, affecting trading strategies, […]

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ForkLog 19 04.03.2024

Chinese Investors Warned Against Bitcoin Investments

The Chinese state newspaper Jingji Ribao cautioned local residents about the risks of investing in the leading cryptocurrency. The article was published amid an ongoing rally in the crypto market. The publication mentioned the approval of Bitcoin ETFs in the United States and reiterated that trading digital assets remains prohibited in China. The article includes […]

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