Tag: ETF

Binance Whales Are Calm Despite Market Uncertainty, ETF Outflows

Key Notes Binance whales are not panicking despite high market volatility. Spot BTC ETFs recorded over $700 million in net outflows last week. Crypto liquidations increased by 40% in 24 hours. Bitcoin BTC $84 405 24h volatility: 0.5% Market cap: $1.68 T Vol. 24h: $28.79 B whales on Binance, the largest crypto exchange by trading volume, remain unfazed despite the macroeconomic uncertainty and increased outflows from the US-based spot BTC exchange-traded funds. Financial markets, including crypto, witnessed high selloffs last week as US President Donald Trump brought the tariff rate…

Bitcoin ETF outflows surged over 300% as US-China trade war concerns escalated

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Outflows from spot Bitcoin ETFs in the U.S. surged last week as investor sentiment took a hit from rising trade tensions driven by President Trump’s aggressive tariff plans. According to SoSoValue data, the 12 spot Bitcoin ETFs saw $713.3 million pulled out, over 300% more than the $172.7 million outflows from the week before. Every single day from April 7 to 11 saw money being pulled, continuing a streak that began on April 3. The biggest drop came on Tuesday, with $326.27 million in outflows, while Friday ended the week…

Gold ETF Inflows Hit Three-Year High as PAXG, XAUT Outperform Wider Crypto Market

As traditional gold markets heat up, crypto investors are following suit—flocking to tokenized versions of the precious metal that offer both price exposure and digital flexibility. Gold-backed cryptocurrencies like Paxos Gold (PAXG) and Tether Gold (XAUT) have risen 24.15% and 23.7% respectively year-to-date to new all-time highs above $3,300, roughly matching the performance of spot gold. Their prices have since receded slightly to $3,265 and $3,244, respectively. While gold-backed cryptocurrencies surged so far this year, the wider cryptocurrency market has been in a downtrend. Bitcoin (BTC) has lost more than…

This year’s top ETF strategy? Shorting Ether — Bloomberg Intelligence

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Betting against Ether has been the best performing exchange traded fund (ETF) strategy so far in 2025, according to Bloomberg analyst Eric Balchunas. Two ETFs designed to take two-times leveraged short positions in Ether claimed (ETH) first and second place in a Bloomberg Intelligence ranking of the year’s top-performing funds, Balchunas said in a post on the X platform.   In the year-to-date, ProShares UltraShort Ether ETF (ETHD) and T Rex 2X Inverse Ether Daily Target ETF (ETQ) are up approximately 247% and 219%, respectively, Bloomberg Intelligence data showed.  The implications…

Bitcoin price could underperform stocks as ETF outflows continue

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While Trump’s tariff pause gave some relief to the markets, traders are still reluctant to go all in on risk assets. Crypto markets are caught between cautious optimism and persistent uncertainty. While the tariff pause helped stabilize the markets, traders are still hesitant to fully commit to risk assets, Bitfinex analysts told crypto.news. As a result, Bitcoin (BTC) has been trading sideways, and ETF flows remain subdued. According to Bitfinex analysts, U.S. President Donald Trump’s 90-day pause on tariffs is not a long-term solution. Instead, it represents a temporary reprieve…

Grayscale and Osprey end 2-year legal fight over Bitcoin ETF promotion

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Asset managers Osprey Funds and Grayscale Investments agreed to settle a lawsuit over alleged violations of Connecticut law in the advertising and promotion of Grayscale’s Bitcoin exchange-traded fund (ETF).  According to an April 9 court filing, the parties agreed to settle the two-year-old case and are finalizing documentation and settlement terms. The filing noted that once those steps are completed, Osprey will withdraw its appeal. “Soon after this appeal was filed, the parties reached a settlement of this case,” the motion stated. “It is expected that all these tasks can…

Ether ETF staking could come as soon as May — Bloomberg analyst

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Ether exchange-traded funds (ETFs) in the United States may be able to start staking a portion of their tokens as soon as May, according to Bloomberg Intelligence analyst James Seyffart.  On April 9, the US Securities and Exchange Commission (SEC) authorized exchanges to begin listing options contracts tied to spot Ether (ETH) ETFs after greenlighting Bitcoin (BTC) ETF options in September. However, issuers are still waiting for the regulator to allow Ether ETFs to offer staking after filing numerous requests for permission earlier this year. Source: James Seyffart The approval of…

Will DOGE Price Surge Continue After 21Shares Files for Dogecoin ETF?

Key Notes On-chain data shows a 94% drop in DOGE transaction counts since March, signaling reduced investor interest. Additionally, DOGE whales have sold 1.32 billion tokens recently, reflecting diminished market confidence. Asset manager 21Shares filed for a Dogecoin ETF with the SEC, aiming to track DOGE’s performance without leverage or derivatives. Amid the broader crypto market recovery, the Dogecoin DOGE $0.16 24h volatility: 7.9% Market cap: $23.17 B Vol. 24h: $1.89 B price saw a sharp upside, gaining 6.9% in the last 24 hours and moving to $0.16 levels. This…

21Shares files for spot Dogecoin ETF in the US

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Digital asset manager 21Shares has filed with the US Securities and Exchange Commission to launch a spot Dogecoin exchange-traded fund, following similar filings from rivals Bitwise and Grayscale. The 21Shares Dogecoin ETF would seek to track the price of the memecoin Dogecoin (DOGE), according to the firm’s April 9 Form S-1 registration statement. The Dogecoin Foundation’s corporate arm, House of Doge, plans to assist 21Shares with marketing the fund. 21Shares said Coinbase Custody would be the proposed custodian of its Dogecoin ETF but did not specify a fee, ticker or…