Bitcoin ETF inflows slump as BTC falls over 5% amid macroeconomic pressures

Spot Bitcoin exchange-traded funds experienced a sharp drop in inflows on Jan. 7 as Bitcoin fell 5%, driven by rising expectations of a more hawkish approach from the Federal Reserve. Bitcoin, the world’s largest cryptocurrency, surged past $102,000 yesterday, sparking renewed optimism among investors anticipating a market rally ahead of President-elect Donald Trump’s upcoming inauguration. However, the gains were short-lived as Bitcoin dropped by 5.7% within 24 hours, weighed down by rising U.S. bond yields and investor caution ahead of key economic updates, including the Federal Reserve’s meeting minutes and…

Bitcoin At Risk Of Supply Shock As ETF Issues Buy More BTC Than Was Produced In December

Este artículo también está disponible en español. The world’s largest cryptocurrency may be at risk of a supply shock as demand from United States (US) Spot Bitcoin Exchange Traded Funds (ETFs) has surged far beyond expectations. In December 2024, the volume of BTC acquired through Spot Bitcoin ETFs more than tripled the amount mined during that same month, underscoring the severe imbalance between supply and demand.  Spot Bitcoin ETFs Trigger Supply Shock Risks In December 2024, US Spot Bitcoin ETFs purchased an astonishing 51,500 BTC. On the other hand, BTC…

Calamos to launch Bitcoin ETF with 100% downside protection

Calamos Investments is introducing a Bitcoin exchange-traded fund with 100% downside protection.  Set to debut on the Chicago Board Options Exchange on Jan. 22, the ETF, called CBOJ, aims to address Bitcoin’s volatility while offering growth potential, according to a company release. Bitcoin (BTC) has often deterred risk-averse investors due to its significant price swings. The CBOJ ETF seeks to change that by ensuring investors do not lose money, even if Bitcoin’s value declines. The fund achieves this protection by combining U.S. Treasury bonds with options tied to the CBOE…

Ramaswamy’s Strive targets Bitcoin-linked corporate bonds in new ETF plan

Vivek Ramaswamy’s Strive Asset Management plans to target Bitcoin-linked corporate bonds with its new exchange-traded fund. Strive Asset Management, an asset and wealth manager founded by Vivek Ramaswamy, plans to launch a new exchange-traded fund that will invest in bonds issued by companies to fund Bitcoin (BTC) purchases, the Financial Times reports, citing a regulatory filing. The fund, called the Strive Bitcoin Bond ETF, has been registered with the U.S. Securities and Exchange Commission. Per the regulatory filing, the ETF will actively invest in bonds and use derivatives like swaps…

Lackluster Shine: Gold ETF Selloff Ensues as Investors Shift to More Profitable Alternatives

In 2024, gold-based exchange-traded funds (ETFs) experienced outflows for the fourth consecutive year as investors preferred to shift to more lucrative alternatives. According to Bloomberg, the rise in gold prices and the Fed’s easing measures were insufficient for traders to maintain their gold positions, as these funds experienced a decline of over 2.5% in their […] Source BitcoincryptoexchangeExchanges CryptoX Portal

BlackRock’s IBIT bleeds $332m in record daily outflow from the BTC ETF

BlackRock’s iShares Bitcoin Trust (IBIT) recorded its highest single-day outflow on Jan. 2, as the 12 Bitcoin exchange-traded funds collectively experienced $242.3 million in outflows when trading resumed in the U.S. According to data from SoSoValue, BlackRock’s spot BTC ETF recorded $332.62 million in outflows on Thursday marking its largest-ever outflow day since its launch on Jan. 11, 2024. The outflows seen by the BTC ETF extended their outflow streak to three consecutive days marking another record, which saw $392.6 million withdrawn from the fund. The recent outflows may be…

Dogecoin price stalls as DOGE ETF approval odds fall

Dogecoin price remained in a tight range this week as Polymarket odds for a potential DOGE ETF declined. Dogecoin (DOGE), the largest meme coin, rose by about 6% on Dec. 2, bringing its seven-day gains to 7.5%. However, the momentum may reverse as a Polymarket poll shows that the odds of the Securities and Exchange Commission approving a spot DOGE ETF this year dropped to 26%, down from a high of 50% last week.  In contrast, Polymarket users expect that the SEC will approve a Solana (SOL) ETF later this…

Bitcoin Boom Goes Mainstream—Blackrock’s IBIT Becomes the Fastest Growing ETF of All Time

On Monday, Bloomberg spotlighted Blackrock’s Ishares Bitcoin Trust, or IBIT, as the “greatest launch” in exchange-traded fund (ETF) history. Bitcoin Takes Center Stage as Blackrock’s IBIT Breaks Records Blackrock, the world’s largest asset manager, reached an all-time peak of $11.5 trillion in assets under management by the end of Q3 2024, thanks to significant net […] Original

Ethereum Price Declines Despite Record Staking And ETF Activity

Recent Ethereum market swings have revealed an interesting disparity between price and network activity. Staking activity has kept rising while ETH retreated to $3,400, a 16% drop from its December peak. Due to investors staking record amounts of ETH, the total staked assets have exceeded expectations. Even while short-term price fluctuations have led some to doubt Ethereum’s viability, this surge in staking is a sign of growing confidence in the cryptocurrency’s long-term worth. Investor Confidence Indicated By ETF Inflows Another significant development is the increase in exchange-traded funds (ETFs) that…