Tag: ETF

ETH Rally Toward $3K Possibly Halted By Rising ETF Outflows

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Key takeaways: US-listed Ether ETFs saw heavy outflows, signaling fading institutional interest as network fees, staking and leverage demand declined. ETH futures premiums and open interest declined, indicating cautious positioning and limited confidence, without a clear shift to outright bearishness. Ether (ETH) plunged to $2,800 on Wednesday, triggering $165 million in liquidations across bullish futures positions. The 13% weekly decline in the ETH price was accompanied by strong outflows from Ethereum exchange-traded funds (ETFs), as risk aversion intensified amid concerns about the artificial intelligence sector.  The tech-heavy Nasdaq index fell…

Fidelity Bitcoin ETF leads $457M in inflows on Dec 17

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Key Takeaways Spot Bitcoin ETFs in the US saw $457 million in net inflows on Wednesday. Fidelity’s FBTC led inflows with $391 million, reaching $12.4 billion in total net assets. Share this article US spot Bitcoin exchange-traded funds recorded $457 million in net inflows on December 17, according to data from Farside Investors. Fidelity’s FBTC fund led the inflows with $391 million, bringing its total net assets to $12.4 billion. BlackRock’s IBIT attracted $111 million in inflows during the same period. In contrast, the Bitcoin funds managed by Bitwise and…

XRP’s Price Action Sends A Warning Despite Positive ETF Flows

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$358M Bitcoin ETF Outflow, Shifting Gold Correlation Add To Traders’

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Key takeaways: Bitcoin ETF outflows and a 31% drawdown from the peak have raised doubts, but metrics indicate that institutional investors are not abandoning Bitcoin. Bitcoin’s shifting correlation with gold and steady volatility suggest price behavior remains intact despite the short-term market pressure. Bitcoin (BTC) gained 3% on Tuesday after selling off to the $85,000 level on Monday. An uptick in outflows from the spot Bitcoin exchange-traded funds appears to show institutional investor demand softening since the Oct. 10 crash. This reduces the likelihood of Bitcoin trading above $100,000 by…

Bitwise updates Hyperliquid ETF filing to include BHYP ticker and fee

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Key Takeaways Bitwise disclosed the BHYP ticker and a 0.67% fee for its Hyperliquid ETF in a recent filing. The updated filing includes an 8a provision, suggesting the ETF launch may be imminent. Share this article Bitwise plans to list its Hyperliquid ETF on NYSE Arca under the ticker symbol BHYP and charge an annual management fee of 0.67%, the asset manager revealed in its updated S-1 filing. According to Bloomberg ETF analyst Eric Balchunas, the proposed Hyperliquid ETF now meets all key launch requirements, including Form 8-A registration, signaling…

XRP ETF from 21shares goes live after SEC declares S-1 effective

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Key Takeaways 21shares launched its XRP ETF, trading under TOXR on the Cboe BZX Exchange after SEC approval. The fund provides exposure to XRP with a 0.3% annual fee and tracks the CME CF XRP-Dollar Reference Rate. Share this article 21shares, a top crypto ETP issuer, officially rolled out its XRP ETF on Thursday after receiving an SEC effectiveness notice. 1/ Another W for XRP. ⚔️ The 21shares XRP ETF ($TOXR) is now live, providing investors a liquid, transparent, and convenient way to gain exposure to $XRP—a foundational asset in…

Rising ETH ETF Returns Raise Hope For 3X Ether Price Rally

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Ether’s (ETH) price action cooled this week after a sharp rejection from the $3,650 to $3,350 supply zone, with the altcoin now hovering near $3,200. The rejection aligned with the 200-day exponential moving average (EMA), reinforcing overhead resistance just as spot exchange-traded funds (ETFs) flows began showing early signs of recovery. Key takeaways: Spot Ether ETF flows have risen from $16.8 billion to $21.5 billion since Nov. 21, a 28% increase. Net taker volumes rose, signaling that aggressive sellers are weakening while taker buyers slowly return. Ethereum one-day chart. Source:…

Cboe approves 21Shares XRP ETF for listing

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Key Takeaways Cboe BZX Exchange approved the listing of the 21Shares XRP ETF, which will hold and track the performance of XRP. The ETF will trade under ticker TOXR and custody XRP holdings with Coinbase Custody, Anchorage Digital Bank, and BitGo Trust Company. Share this article Cboe BZX Exchange confirmed it has approved the listing and registration of the 21Shares XRP ETF, according to a Wednesday filing with the SEC. This means the product is ready to go live upon official notice of issuance. The 21Shares XRP ETF, which will…

Vanguard Opens Crypto ETF Access For 50M+ Clients — Here’s Why It Matters

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Key takeaways Vanguard’s decision to open access to spot crypto ETFs marks a major shift from its earlier anti-crypto stance and gives more than 50 million clients a regulated path to gain exposure to digital assets. The firm will allow trading of approved third-party ETFs tied to BTC, ETH, XRP and SOL while avoiding memecoins or unregulated tokens and choosing not to launch its own crypto products. The move brings significant institutional legitimacy to crypto and shows that even traditionally conservative asset managers cannot overlook sustained demand for regulated exposure…

Fidelity’s Bitcoin ETF sees $199M net inflow, leading Bitcoin spot ETFs

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Key Takeaways Fidelity’s Bitcoin ETF (FBTC) recorded a $199 million net inflow in one day, leading the spot Bitcoin ETF market. Total inflows into FBTC have reached $12.3 billion since its launch. Share this article Spot Bitcoin exchange-traded funds recorded around $152 million in net inflows yesterday, with Fidelity’s FBTC leading the group at $199 million. Other funds managed by Grayscale, Bitwise, ARK Invest, Invesco, Franklin Templeton, and WisdomTree also saw positive flows on Tuesday, whereas BlackRock’s IBIT faced $135 million in net outflows. Elsewhere, spot Ethereum ETFs pulled in…