Tag: ETF

Bitcoin futures and implied volatility soars as the SEC’s ETF deadline closes

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According to analysis from GreeksLive, there is a strong market sentiment expecting the ETF to pass, reflected in Bitcoin’s price surge to short-term highs of $45,000. GreeksLive, a leading trading analytics platform,  highlights the increasing implied volatility (IV) in the options market, a key indicator of market expectations and uncertainty. The at-the-money (ATM) option IV, expiring on Jan. 12, has reached a staggering 110%, while the IV for the 11th has surpassed 120%. This significant rise in IV, nearly 20% following recent deliveries, underscores the market’s heightened anticipation. The results…

Analyst Predicts $570 Billion Inflow Amid Bitcoin Spot ETF Approval

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Scott Melker, a cryptocurrency analyst and advocate has pointed out a massive inflow into Bitcoin following the approval of BTC Spot Exchange-Traded Fund (ETF). Bitcoin Might Be Poised For $570 Million Inflow The crypto analyst shared his projections with the entire cryptocurrency community on the social media platform X (formerly Twitter). Melker proposed that $570 billion could be invested in a Bitcoin ETF, representing just 0.5% of the overall assets managed by Registered Investment Advisors (RIAs). In the X post, Melker pointed out that the overall assets managed by RIAs…

Bitcoin regains $45,000 amid ETF chatter

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Bitcoin hit $45,000 as exchange-traded fund enthusiasm fuels newfound market enthusiasm. Bitcoin 7-day price chart | Source: CoinMarketCap As of press time, Bitcoin (BTC) is trading at just over $45,000 after its price increase by 5.6% over the last 24 hours. The coin’s price is seeing positive volatility as exchange-traded funds (ETF) and Bitcoin dominate the crypto discourse — according to hourly social media tracking data gathered by Santiment. Daily social media trending tokens data from Santiment also indicates that Bitcoin tops the charts and accounts for 5.4% of all…

Multiple spot Bitcoin ETF issuers file amendments with fees

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BTC broke above $45,000 as BlackRock, Grayscale, ARK 21Shares, and other firms submitted updated spot Bitcoin ETF forms leading up to the first deadline for approval.  As of 10 a.m. ET on Jan. 8, 10 spot Bitcoin ETF issuers had filed amended S-1 and S-3 forms with the United States Securities and Exchange Commission (SEC) in a final push for approval of traditional financial funds that would track the price of spot Bitcoin (BTC), the largest cryptocurrency. Valkyria, Wisdomtree, Invesco Galaxy, BlackRock, ARK 21Shares, VanEck, Fidelity, Bitwise, and Franklin Templeton…

In Bitcoin (BTC) ETF Battle, Grayscale (GBTC) Is Bringing ‘A Gun to a Knife Fight’

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Certain esoteric factors can be added to this. Although it isn’t Grayscale’s fault, Chung said, one unknown factor is how much goodwill Grayscale has lost with investors through the years of big NAV discounts. Then there’s the unfortunate circumstance of Grayscale’s owner, Digital Currency Group, having legal woes. “Although, in reality, GBTC is bankruptcy-remote, not every investor understands that. Some may just feel better going to BlackRock or Invesco,” Chung said. (Another DCG division, Genesis, is restructuring in bankruptcy court.) Original

BlackRock, Fidelity, ARK Invest, VanEck Reveal Proposed Spot Bitcoin ETF Fees

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Analyzing spot Bitcoin ETF impact; meme coin craze buoys Dogecoin and Rebel Satoshi

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Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Crypto is changing fast. The approval of a spot Bitcoin ETF and the increasing popularity of meme coins like Dogecoin and Rebel Satoshi proving to be big events. Spot Bitcoin ETF will be a game changer The idea of a spot Bitcoin exchange-traded fund (ETF) has existed for years.  Even so, it has been repeatedly rejected by the U.S. Securities and Exchange Commission (SEC).  However, with the growing acceptance of…

XRP ETF Is Trending On X, Here’s Why

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As anticipation builds around the potential approval of the first spot Bitcoin ETFs in the US by the Securities and Exchange Commission, the keyword “XRP ETF” is currently trending on X (formerly Twitter). Numerous XRP community members have posted supposed proof that an ETF in the US is on its way and could soon become a reality. However, a closer examination reveals a more nuanced reality. Why is $XRP ETF trending? 👀 — XRPcryptowolf (@XRPcryptowolf) January 7, 2024 XRP ETF Is Trending Good Morning Crypto recently stated, “JUST IN: Fidelity…