Tag: ETF

7RCC launches Bitcoin and carbon credit ETF on NYSE Arca

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7RCC Global has launched trading of BTCK, an exchange-traded fund that allocates 80% to Bitcoin and 20% to regulated carbon credit futures, bringing one of the crypto industry’s earliest ESG-focused ETF concepts to the public market. Summary 7RCC’s BTCK ETF has begun trading on NYSE Arca with an allocation of 80% Bitcoin and 20% regulated carbon credit futures. The fund provides exposure to Bitcoin alongside carbon markets linked to the EU ETS, California Cap and Trade, and RGGI programs.  BTCK launches as ETF issuers continue expanding crypto investment products beyond…

Bitcoin ETF Ownership Shifts as Hedge Funds Sell and Banks Buy: CoinShares

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Professional ownership of US spot Bitcoin exchange-traded funds (ETFs) declined sharply in the first quarter as Bitcoin’s bear market deepened, suggesting that trading-oriented institutions were a significant source of selling pressure during the downturn. A new report by CoinShares analyzing quarterly 13F filings — regulatory disclosures that reveal the equity holdings of investment managers with at least $100 million in assets — found that professional investors reduced their Bitcoin ETF exposure to 261,000 BTC from 313,000 BTC in the first quarter, a 17% decline. The combined value of those holdings…

CoinShares reveals hedge funds slashed Bitcoin ETF exposure by 39% in Q1

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Hedge funds have reduced their exposure to U.S. spot Bitcoin exchange-traded funds by 39% during the first quarter, as professional investors pulled back from the market amid a steep decline in Bitcoin prices. Summary CoinShares reported that hedge funds cut U.S. spot Bitcoin ETF exposure by 39% in Q1, leading a broader institutional pullback. Professional investors reduced combined Bitcoin ETF holdings by 17% to 261,000 BTC as Bitcoin fell 22% during the quarter. Citigroup said ETF flows drive roughly 45% of Bitcoin’s weekly returns and identified regulatory progress as a…

Bitcoin ETF Sell-Off Hits 13 Days With $4.4B Outflows

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US-listed spot Bitcoin exchange-traded funds (ETFs) extended their sell-off Wednesday to a record 13 consecutive trading days as Bitcoin demand continued to weaken. Spot Bitcoin ETFs posted $396.6 million in net outflows on Wednesday, bringing cumulative withdrawals to roughly $4.4 billion since the streak began, according to data from SoSoValue. The current run exceeds the previous record of eight consecutive trading days of outflows in February 2025, which saw roughly $3.2 billion exit the funds. Bitcoin price briefly dipped below $63,000 on Thursday. Source: CoinGecko Since the outflow streak began…

Bitcoin Drops Below $66,000 Amid Mounting ETF Outflows, $4B Withdrawn In 12 Days

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The market’s leading crypto, Bitcoin (BTC), is coming under fresh pressure as multiple warning signs converge—from heavy selling in the exchange-traded fund (ETF) complex to renewed doubt around Strategy’s long-held “never sell” narrative.  The result has been a weak session: on Wednesday, the cryptocurrency slipped below the key $66,000 level, extending a selloff that has already erased about $160 billion in overall market value this week, according to Bloomberg. $2.5M Bitcoin Sale Spooks Market Earlier in the week, Michael Saylor’s Strategy sold roughly $2.5 million worth of Bitcoin from a…

Citigroup blames ETF exodus for Bitcoin drop, not Strategy sale

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Bitcoin’s recent decline has been driven mainly by nearly $3.8 billion in spot ETF outflows rather than Strategy’s sale of 32 BTC, according to analysts at Citigroup. Summary Citigroup said Bitcoin’s recent drop was driven more by ETF outflows than Strategy’s 32 BTC sale. U.S. spot Bitcoin ETFs recorded nearly $4 billion in net outflows between May 15 and June 2. Citi sees the CLARITY Act as a potential catalyst and gives it a roughly 50% chance of passing. In a recent note, Citigroup analysts said investors may be placing…

Bitcoin Falls to $65,710 as Record ETF Outflows and Strategy Sale Rattle Market

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Key Takeaways Bitcoin dropped close to $65,700 on June 3, hitting another intraday low after $66,346. Spot bitcoin ETFs bled an estimated $3.5 billion in their longest outflow streak since 2024. Traders are now watching the $60,000 support level after Strategy disclosed its first BTC sale in nearly four years. A Broad Crypto Rout Gathers Pace Bitcoin is extending one of its sharpest selloffs in months, with the decline pulling the wider market lower, with ether dropping under $1,900 as leveraged traders rushed for the exits. The move capped a…

Bitcoin ETF Outflows And AI Stock Pivot Trigger Bear Run

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Key takeaways: Bitcoin’s sharp 8% drop triggered $1.5 billion in forced liquidations, ending a tight two-month small-cap correlation. Worsening market sentiment was driven by $2.1 billion in Bitcoin ETF outflows and rising fears of a Federal Reserve interest rate hike. Bitcoin (BTC) faced a sharp 9% drop over 48 hours, hitting the $67,000 support for the first time in two months. This correction wiped out a substantial $176 billion from the total crypto market cap in just two days, triggering $1.5 billion in forced liquidations for overleveraged long positions.  Traders…

Blackrock IBIT Sheds $440M as Bitcoin ETF Outflows Reach 11 Days

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Key Takeaways Bitcoin ETFs lost $483.8M on June 1, with Blackrock IBIT leading outflows at $440.3M. Ether ETFs saw a 15th straight outflow day, as Blackrock ETHA shed $35.0M. XRP and HYPE ETFs gained $5.4M combined, signaling selective institutional demand. XRP ETFs Add $4.1M as Bitcoin and Ether Funds Lose $528M Combined June began with the same pressure that closed out May. Bitcoin ETFs remained at the center of the selloff on Monday, as investors pulled $483.76 million from the category. It was the 11th consecutive day of outflows, a…

Coinbase Backs IQMM ETF as Stablecoin Rules Take Shape

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Crypto exchange Coinbase has invested in ProShares’ stablecoin-focused money market fund, betting that demand for stablecoin reserve-management products will grow as the recently enacted GENIUS Act formalizes the types of assets that can back US dollar-pegged tokens. Coinbase (COIN) announced Tuesday that it made an undisclosed investment in the ProShares GENIUS Money Market ETF (IQMM), which is designed to hold assets that qualify as reserves for payment stablecoins under the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act. The GENIUS Act requires stablecoin issuers to back their tokens…