ETF | ForkLog - Part 47

ForkLog 26 20.02.2024

Bitcoin Poised to Surpass Gold as a Store of Value, Expert Suggests

A significant influx of capital into exchange-traded bitcoin products poses a long-term threat to gold’s status as the primary store of value, an expert has suggested. This is reported by The Block. Andre Dragos, Head of Research at ETC Group, highlighted the growing divergence between flows related to crypto funds and gold. “This could be […]

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ForkLog 14 19.02.2024

Bloomberg Analyst Bets Against March Approval of Ethereum ETF

Bloomberg analyst James Seyffart has wagered 4 ETH that the SEC will not approve spot Ethereum ETFs in March. I will bet 4 ETH that this does not happen @Ashcryptoreal https://t.co/5KSUix4Svh — James Seyffart (@JSeyff) February 17, 2024 The expert responded to a post on X by crypto trader Ash Crypto, who has 952,000 followers. […]

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ForkLog 16 17.02.2024

VanEck Submits Revised Application for Spot Ethereum ETF

Investment firm VanEck has submitted a revised proposal to the SEC for launching a spot Ethereum ETF. Just had @vaneck_us submit an updated S-1A for their spot #Ethereum ETF filing. pic.twitter.com/eHn3iCYuQu — James Seyffart (@JSeyff) February 16, 2024 The firm initially filed the application in 2021. According to the document, the listing is expected on […]

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ForkLog 17 16.02.2024

US Banks Seek Greater Role in Bitcoin ETF Management

The association of major US banks sent a letter to SEC Chairman SEC Gary Gensler, requesting a change in the definition of crypto assets to allow financial institutions to participate in the custody of spot Bitcoin ETFs. Signatories included the Bank Policy Institute, the American Bankers Association, the Financial Services Forum, and the Securities Industry […]

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ForkLog 16 15.02.2024

CoinGecko: US Commands 83% of Global Spot Bitcoin ETF Market

The United States holds a commanding 83.3% share of the global spot Bitcoin ETF market, valued at $41.74 billion, according to CoinGecko experts. Curious about the countries with spot Bitcoin ETFs? Spot #Bitcoin ETFs are now incorporated in 11 countries worldwide and traded in just 6 geographical markets. The leading spot Bitcoin ETF markets are […]

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ForkLog 21 15.02.2024

Bitcoin Outshines Gold: Expert Notes Capital Shift to Cryptocurrency ETFs

Since the start of 2024, gold ETFs have seen an outflow of $2.39 billion, while inflows into funds based on the leading cryptocurrency have reached $3.89 billion. These figures were presented by Bloomberg analyst Eric Balchunas. Meanwhile it’s a pretty bad scene right now in the gold ETFs category… via @SirYappityyapp in our just published […]

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ForkLog 18 14.02.2024

Daily Inflows to Bitcoin ETFs Return to Record Levels

On February 13, the net inflow of assets into spot Bitcoin ETFs reached $631.2 million, second only to the first day of trading for these products, which saw $655.2 million. Same data in BTC terms. +12,736 BTC flow on 13th Feb 2024 pic.twitter.com/ogUVHjVDbZ — BitMEX Research (@BitMEXResearch) February 14, 2024 In terms of Bitcoin, the […]

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ForkLog 19 14.02.2024

Experts Revise Bitcoin Forecasts for 2024

Former BitMEX CEO Arthur Hayes closed March bitcoin puts with a strike of $35,000 and anticipates a new ATH. CryptoQuant pointed to $104,000–112,000 as a target, with $55,000–59,000 in a pessimistic scenario. SkyBridge Capital founder Anthony Scaramucci urged buying digital gold at current levels without hesitation. Former BitMEX CEO Arthur Hayes has abandoned his previous […]

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ForkLog 17 13.02.2024

Bitcoin Options Traders Bet on Rally to $65,000

Market participants are forming positions on call options for digital gold in the $65,000-$75,000 range, with execution in the second quarter. Over the past three days, net inflow into spot Bitcoin ETFs has exceeded $1.5 billion. In recent days, the volume of open positions on call options expiring in April-June with strike prices of $65,000, […]

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ForkLog 21 13.02.2024

Franklin Templeton Seeks Approval for Spot Ethereum ETF

Asset management firm Franklin Templeton has filed an application to register a spot Ethereum ETF. Coinbase Custody Trust Company will serve as the custodian for the second-largest cryptocurrency by market capitalization, while Bank of New York Mellon will handle the cash assets. If approved, the product will be listed on the Cboe BZX Exchange. The […]

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ForkLog 9 12.02.2024

Crypto Funds Experience $1.1 Billion Inflow Over a Week

From February 3 to 9, cryptocurrency investment products saw an inflow of $1.1 billion. Since the beginning of the year, this figure has reached $2.7 billion, according to a report by CoinShares. Source: CoinShares. The volume of assets under management reached its highest level since the beginning of 2022 — $59 billion. The net inflow […]

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ForkLog 12 08.02.2024

BlackRock and Fidelity Bitcoin ETFs Surpass GBTC in Liquidity

Bitcoin ETFs from BlackRock and Fidelity have outpaced GBTC in two liquidity metrics. Net inflow into spot exchange-traded products based on digital gold continued for the ninth consecutive day. IBIT entered the top 5 ETFs by inflows since the beginning of the year. Spot Bitcoin ETFs from BlackRock and Fidelity have surpassed GBTC in two […]

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