Key takeaways: The spot ETH ETFs recorded ten consecutive days of net inflows, totaling $633 million. Weekly DApps revenue on the Ethereum network fell to $13 million, following a broader decline seen in Solana and BNB Chain. Ether (ETH) struggled to trade above $2,400 on Thursday, but consistent inflows into Ethereum spot exchange-traded funds (ETFs) reflect the bulls’ attempt to regain momentum. Ether’s price rallied alongside Bitcoin’s (BTC) recovery to $79,000, prompting traders to question whether ETH will attempt a run to $3,000. Spot ETH ETF daily net flows, USD.…
Tag: ETF
Crypto Market Maker GSR Launches Multi-Asset Crypto ETF
Institutional crypto trading platform GSR launched its first crypto exchange-traded fund on Wednesday, recording nearly $5 million in trading volume on its first trading day. The GSR Crypto Core3 ETF (BESO) tracks the spot price of Bitcoin (BTC), Ether (ETH) and Solana (SOL) and offers staking rewards, GSR said in a statement on Wednesday. In a separate post on X, GSR said it will be adopting a “dynamic allocation strategy” to optimize returns for the fund, which carries a 1% management fee. Source: GSR BESO saw 185,574 shares traded worth…
Bitwise Launchdx Avalanche ETF with Staking Exposure
Bitwise Asset Management has launched a spot Avalanche exchange-traded product, giving investors exposure to the Avalanche token while staking a portion of its holdings to generate yield. Bitwise plans to stake roughly 70% of its AVAX holdings through its in-house infrastructure, while maintaining a liquidity reserve of about 30% to meet redemptions and operational needs. The fund began trading Wednesday on the NYSE under the ticker BAVA, closing up about 1.5%, to $25.50 per share, according to Yahoo Finance. The Avalanche token (AVAX) was last trading at $9.52, up 1.8%,…
Michael Saylor: Bitcoin’s price is set to rise amid decreasing supply, Goldman Sachs’ ETF entry signals a shift, and Ethereum’s performance reflects market risk appetite
Key Takeaways Ethereum’s recent performance suggests a growing risk appetite in the crypto market. Michael Saylor’s substantial Bitcoin purchases highlight a bullish sentiment. Bitcoin’s price is poised to rise due to increasing demand and decreasing supply. The narrative of major figures buying Bitcoin boosts market confidence. Goldman Sachs entering the Bitcoin ETF market marks a significant shift in financialization. The creation of Bitcoin income-generating products addresses traditional investor needs. Goldman Sachs’ new ETF indicates a changing stance towards crypto. The Bitcoin risk index hitting zero suggests exhausted selling pressure. Kraken’s…
Bitwise launches spot Avalanche ETF with built in staking rewards
Bitwise Asset Management launched its Avalanche ETF on Wednesday, giving public market investors direct exposure to AVAX through the ticker BAVA as the firm deepens its push into crypto exchange traded products. The fund began trading on the NYSE on April 15 and is designed to hold spot AVAX while staking those holdings through Bitwise Onchain Solutions to capture part of Avalanche’s average staking rewards, which Bitwise said are around 5.4%. Bloomberg ETF analyst James Seyffart said on X that BAVA launched with $2.5 million in assets and logged more…
Spot Bitcoin ETFs Gain $411M as Goldman Files ETF Plan
US-listed spot Bitcoin exchange-traded funds bounced back to notable daily inflows as Goldman Sachs entered the Bitcoin ETF sector. Spot Bitcoin (BTC) ETFs recorded $411.5 million inflows on Tuesday, marking the second-largest daily inflows in April so far, according to SoSoValue data. The fresh inflows pushed total net flows for 2026 into positive territory at roughly $245 million year-to-date, while total assets under management surged above $96.5 billion, the highest since mid-March. The gains came as Goldman Sachs, once a major Bitcoin critic, filed with US securities regulators to launch…
Goldman Sachs Targets Income with New Bitcoin ETF Filing
Goldman Sachs has filed with the US Securities and Exchange Commission (SEC) to launch a Bitcoin-linked exchange-traded fund designed to generate income while limiting exposure to the cryptocurrency’s volatility, according to a preliminary prospectus dated April 14. The proposed Goldman Sachs Bitcoin Premium Income ETF would aim to deliver current income alongside capital appreciation by investing primarily in spot Bitcoin exchange-traded products (ETPs) and related options, rather than holding Bitcoin (BTC) directly. The fund would generate yield by selling call options on Bitcoin-linked ETPs, a strategy that can produce premium…
Goldman Sachs doubles down on Bitcoin exposure with new premium income ETF
Goldman Sachs is seeking approval to bring a new investment product tied to Bitcoin to the market, according to a prospectus filed with the US SEC on April 14. The proposed fund, called Goldman Sachs Bitcoin Premium Income ETF, would invest in Bitcoin exchange-traded products and derivatives linked to them, and use options strategies such as selling call options to earn premiums. Its objective is to deliver indirect exposure to Bitcoin alongside regular income generation. SHOCK: Goldman jumping into the bitcoin ETF game.. with a filing for a Bitcoin Premium…
Bitcoin Hits $74,000 As ETF Inflows Face Miner Selling And War Tensions
Key takeaways: Despite strong ETF inflows, Bitcoin remains tied to the S&P 500 and sensitive to global macroeconomic developments. Bitcoin futures premiums and miner selling suggest that the bear market persists despite Bitcoin trading above $74,000. Bitcoin (BTC) reclaimed the $74,000 level on Monday following slight gains in the S&P 500 index after US President Donald Trump ordered a US blockade of the Strait of Hormuz. Traders appear to be gradually gaining confidence following strong net inflows into US-listed spot Bitcoin exchange-traded funds (ETFs) and continued accumulation by Strategy (MSTR…
BlackRock taps Galaxy Digital as validator for its staked Ethereum ETF
Galaxy Digital has been named an approved validator for BlackRock’s iShares Staked Ethereum Trust ETF (ETHB), the firm’s first crypto exchange-traded product designed to generate staking rewards, according to a Thursday press release. Launched last month, ETHB is expected to follow in the footsteps of BlackRock’s Bitcoin ETF, which has grown into a top-performing digital asset fund since 2024. As of April 8, the fund had over $435 million worth of assets under management, with $339 million in staked ETH. The ETF will stake a majority of its Ether holdings…