ETF

Ethereum (ETH), the second-largest crypto by market cap, has caught the attention of investors as its risk reversals turned negative for front-date expiries, according to the data from QCP Capital, a Singapore-based crypto asset trading firm. Risk reversal provides insights into traders’ sentiments. ETH’s negative risk reversal shows an increase in demand for put options, […]

Grayscale, the world’s largest crypto asset manager, has witnessed a significant decline in its Bitcoin (BTC) holdings since converting its Grayscale Bitcoin Trust (GBTC) into an exchange-traded fund (ETF) in mid-January.  According to BitMEX Research data shared on Tuesday, GBTC saw its 36th day of straight outflows on March 4, with 5,450 BTC or $368 […]

In the last 24 hours, Solana (SOL) has posted an 18.81% gain, rising rapidly from $108 to reach a new yearly high of $131.10 at the time of publication. The latest surge is attributed to a wave of purchases of the Solana-based memecoin Dogwifhat (WIF). The memecoin, featuring an image of a Solana developer’s dog […]

On Feb. 26, Grayscale’s spot Bitcoin (BTC) exchange-traded fund (ETF) experienced its third consecutive trading day of declining net outflows, reaching a record low of $22.4 million. According to data from Farside Investor, GBTC had three back-to-back days of slowing net outflows on Feb. 22, 23, and 26.  The week concluded on Feb. 23 with […]

Bitcoin (BTC), the world’s largest cryptocurrency by market cap, surged to a two-year high of over $57,000 as spot BTC ETF trading volume increased. As of writing, Bitcoin noted an upswing of 10.73% over the past 24 hours and is currently trading at $56,824. The price rally led to a substantial liquidation of short positions […]

Shortly after Ethereum (ETH) surpassed the $3,000 mark on Tuesday, an Ethereum wallet, dormant for 8.6 years, became active. It deposited 1,732 ETH (about $5.15 million) into the crypto exchange Kraken, as reported by blockchain tracker Lookonchain. On-chain data shows that the owner of the mysterious wallet was an Ethereum initial coin offering (ICO) participant. […]

Coinbase analysts said downward pressure on Bitcoin has significantly diminished as the FTX bankruptcy estate finished selling off its large Grayscale Bitcoin Trust (GBTC) holdings. This development could support Bitcoin and other digital tokens in the second quarter 2024. The prospect of Fed monetary easing beginning in May and an end-to-balance sheet reduction in June […]

Bitcoin price has fallen since Bitcoin ETFs were approved. This week, we assess the claims behind fear, uncertainty, and doubt (FUD), pointing to the Grayscale Bitcoin ETF. We analyze aggregate ETF flows while considering the increased holdings by BTC whales and underreported factors possibly dragging the market. Since the launch of spot ETFs, market observers […]

Bitwise, an asset management firm, received significant BTC contributions and praise from the crypto community following the public disclosure of its Bitcoin ETF Trust (BITB) on-chain address. The move, announced on Jan. 24, made Bitwise the first of the 10 spot Bitcoin ETF issuers to share its holdings’ addresses publicly. According to the company, this […]