ETF | ForkLog - Part 37

ForkLog 11 13.06.2024

Renewed Interest in Spot Bitcoin ETFs Following Two-Day Outflows

On June 12, inflows into spot Bitcoin ETFs amounted to $100.9 million. Over the previous two days, investors had withdrawn $265 million from these products, according to SoSoValue. This followed a series of inflows during which approximately $4 billion entered these instruments, including $1.8 billion in the last five days. Data: SoSoValue. On June 12, […]

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ForkLog 25 12.06.2024

Arbitrage Strategies Curb Bitcoin Growth Amid ETF Inflows

Despite significant inflows into BTC-ETFs, arbitrage strategies between spot and derivative markets are restraining buyer pressure, according to Glassnode. To substantiate and assess ETF demand, analysts compared the balance of product issuers (862,000 BTC) with other major exchange structures: Mt.Gox trustee = 141,000 BTC; US government = 207,000 BTC; all exchanges = 2.3 million BTC; […]

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ForkLog 14 11.06.2024

Record Inflows into Spot Bitcoin ETFs Come to an End

On June 10, investors withdrew $64.9 million from spot Bitcoin exchange-traded funds (ETFs), halting a positive trend that had persisted for 19 days, according to SoSoValue. In total, the longest wave of inflows into BTC-ETFs amounted to approximately $4 billion, with $15.62 billion since the approval of these instruments in January. Data: SoSoValue. Clients of […]

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ForkLog 13 10.06.2024

Investors Inject $2 Billion into Bitcoin Products

From June 1 to June 7, cryptocurrency investment products saw an inflow of $2.04 billion, with Bitcoin-based products accounting for $1.973 billion, according to calculations by CoinShares. In both cases, the weekly figures matched the totals for the entire previous month. Data: CoinShares. Analysts attributed the accelerated pace to expectations of a monetary policy easing […]

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ForkLog 11 10.06.2024

Weekly Inflows into Spot Bitcoin ETFs Surpass $1.8 Billion

During the trading week from June 3 to June 7, U.S. spot Bitcoin ETFs acquired 25,729 BTC (approximately $1.8 billion at the average rate), while only 3,150 BTC were mined in the same period. This data comes from HODL15Capital. U.S. Bitcoin ETFs bought 2 month’s supply this week ? pic.twitter.com/eNwBmShWpX — HODL15Capital ?? (@HODL15Capital) June […]

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ForkLog 5 06.06.2024

Gary Gensler: Ethereum ETF Applications Will Require Time for Review

The review of applications for spot ETFs based on Ethereum will take “some time,” according to Gary Gensler, the head of the SEC. ?NEW: @SECGov Chairman @GaryGensler says the next step in the $ETH ETF approvals “will take some time,” possibly indicating a potential slow-walk of the S-1 approval process. https://t.co/iwfN9vvmt8 — Eleanor Terrett (@EleanorTerrett) […]

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ForkLog 8 06.06.2024

VanEck Raises Ethereum Forecast to $22,000

Influenced by news of exchange-traded funds and scaling developments, VanEck analysts have revised their Ethereum forecast for 2030, now anticipating prices of $22,000. We’ve raised our 2030 ETH price target to $22K, influenced by ether ETF news, scaling progress, and our read of onchain data. Additionally, we’ve analyzed how ETH and BTC perform in both […]

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ForkLog 13 05.06.2024

Ripple and Galaxy Digital CEOs Identify Spot ETF Contenders

Ripple’s CEO, Brad Garlinghouse, told Fox Business that the emergence of spot exchange-traded funds (ETFs) based on XRP is “inevitable.” #Ripple CEO @bgarlinghouse Brad Garlinghouse: “A #XRP ETF is just simply inevitable.” Fox Business pic.twitter.com/oJAm5sCrWW — ????XRP (@BankXRP) June 4, 2024 “I think we will see them in 2025. People don’t want to deal with […]

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ForkLog 12 05.06.2024

K33 Research Predicts Up to $4.8 Billion Inflows into ETH ETFs Within Five Months

In the initial five months following the commencement of trading, net inflows into spot Ethereum-based ETFs are projected to range from $3.1 billion to $4.8 billion, according to calculations by K33 Research. Markets remain rangebound with low volatility, but moderate ETH ETF excitement is reflected in trader positioning. A relatively quiet week, but we expect […]

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ForkLog 10 04.06.2024

Ethereum Surpasses Bitcoin in Options Market Volatility

The market remains bullish, anticipating a surge in demand in the United States following the final approval of spot Ethereum ETFs, according to analysts at QCP Capital. 3/ This bullishness is likely to continue as the market waits for the ETH spot ETF to usher in new demand. The options market certainly reflects this with […]

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ForkLog 11 04.06.2024

Bitcoin Spot ETFs See Inflows for 15 Consecutive Days

On June 3, inflows into 11 approved spot Bitcoin ETFs amounted to $105.1 million. This positive trend has continued for 15 consecutive days, according to SoSoValue. During this period, the segment attracted $2.28 billion. Since the registration of these products, the total has reached $13.96 billion. Data: Farside. A longer trend of 17 trading days […]

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ForkLog 8 04.06.2024

Analyst Predicts Reduced Volatility for Bitcoin and Ethereum

The current implied volatility values for Bitcoin and Ethereum options suggest a calm outlook for the cryptocurrency market in the coming weeks, according to Deribit’s Chief Commercial Officer Luuk Strijers, as reported by The Block. This metric for the leading cryptocurrency has significantly decreased since mid-May. Source: The Block. Analysts at QCP Capital also noted […]

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