BlackRock and Fidelity have increased their combined Spot Bitcoin ETF holdings to 479,645 Bitcoin worth $32 billion. The SEC is expected to approve the Ethereum ETF for trading to begin after the summer, with predictions of a July 3rd launch. Meanwhile, outflows from Bitcoin ETFs continue, with Fidelity experiencing significant outflows. Analysts anticipate the Ethereum ETF approval around July 2nd, leading to bullish sentiments for Ethereum.
People are really underestimating the future demand for the upcoming $ETH ETF's. All the major Wall Street banks and hedge funds that just bought $BTC, are going to grab some $ETH for diversification. With the SEC now blessing just 2 cryptos, Wall Street will not hesitate to LOAD…
This week was a quiet week with a pullback in markets. Some highlights: 🔹BBG Analyst @EricBalchunas is “moving up our over/under date for the launch of spot Ether ETF to July 2nd" 🔹After 19 days of inflows, ETFs finally broke the streak with ~$580M in outflows for the week…
This week in ETFs: a quiet week with a pullback in markets. Some highlights: 🔹BBG Analyst @EricBalchunas is “moving up our over/under date for the launch of spot Ether ETF to July 2nd" 🔹After 19 days of inflows, ETFs finally broke the streak with ~$580M in outflows for the…
🌐Get up to speed on everything you've missed in this week's news catch-up. From Tether’s plans to invest over $1 billion in various sectors to BNB Chain’s new BIA initiative to support early-stage Web3 projects... #CryptoNews #CryptoRegulation #Bitcoin https://t.co/HzlZfGMza3
🚨 FOMO IN: 🇦🇺 The Australian Securities Exchange has approved its first spot bitcoin ETF. #BTC https://t.co/h5UsCbN8G5
$BTC Bitcoin ETFs had a horrible week of outflows. $581M left the ETFs. Two weeks ago, almost $2B had entered in a week. Retail is not selling $581M worth of Bitcoin. What do you think is happening? Manipulation? The calm before the storm to keep the price below $70K while… https://t.co/nBDb9nZ1w8
WEEKLY NEWS BULLETIN [June 15th] A brief roundup of EVERYTHING YOU NEED TO KNOW about all the biggest stories to break in the crypto-world this past week… $200,000 BITCOIN ON THE WAY? Financial-giant Bernstein has shared its latest prediction on #Bitcoin’s prospects in the… https://t.co/yIqArykpc0
During the past 5 days, #Bitcoin ETF's saw a net outflow of -$580.6M. Grayscale led the sell-off with -$274.3M, while BlackRock’s IBIT countered the trend by buying $41.6M worth of $BTC https://t.co/wzK1EGU21h
Another day of large outflows from the Bitcoin ETFs yesterday. The institutional investors & RIAs probably logged onto Crypto Twitter, saw some of the antics and decided to hit sell. https://t.co/OLz08XpZHT
Bloomberg ETF analyst Eric Balchunas suggests that the “pretty light” comments on the S-1 applications suggest the possibility of Ether ETF trading starting before July 2. https://t.co/DeWWudXCHi
ETF Update: Australian #Bitcoin ETF Approved, US ETFs See Outflow ✅📊🗞️ Click below to find out more 👇👇👇 https://t.co/rdKKP2o1u3 https://t.co/CTmw9bJGOq
$ETH/usdt 4 hr Larry Fink getting out the ETF rocket for $ETH 🚀🚀🚀 https://t.co/eGUEH1Aji0
Do you think the spot Ethereum ETFs will see large inflows? https://t.co/KS6v4a62Wt
I don’t think people comprehend the impact the $ETH ETF. It will likely start trading in July, you must be foolish to sell your alts here. Much higher soon.
All eyes on $ETH spot ETF, anticipated around July 2nd. This is when $ETH & alts get their time in the sun. Bullish into Q3. https://t.co/zfFmO8YSMw
Bloomberg analysts have moved the expected Ethereum ETF approval date to 2 July https://t.co/ZneMd2xAeU
$ETH A reclaim of $3516 could lead to a move where we close the gap of that big drop down from $3700. We’re now hearing rumors the launch of the spot ETF could be as early as July 2. Rumors can be powerful, and even if the timeline is a little further out it could put a floor… https://t.co/YjlqdbT9yu
#Bitcoin ETFs sold $189,900,000 $BTC yesterday
Australia's first spot Bitcoin ETF has received approval from the Securities Exchange. This milestone marks a significant development in the growing acceptance of cryptocurrency in the financial sector. #Bitcoin #ETF #Australia
🚨 June 14 Bitcoin ETFs Update ETFs sold 2877 #BTC ($190m) Blackrock + 23 BTC Fidelity - 1214 BTC Grayscale -792 BTC ARK -742 BTC 👎 Week for the ETFs. https://t.co/ZCnxrjKGfL
.@EricBalchunas: “we are moving up our over/under date for the launch of spot Ether ETF to July 2nd, hearing the Staff sent issuers comments on S-1s today, and they're pretty light, nothing major, asking for them back in a week.” https://t.co/2q4HU4cgNY https://t.co/HZELUCVWn1
Good morning, Yesterday's ETF flows was negative for a 4th time this week for $189.9 million of outflows, the weekly total is $580.6 million of outflows. GBTC had $52.3 million of outflows, Fidelity $80.1 million and Ark $49 million. The price dumped further from $67k to $65k… https://t.co/medpClEyPa
Bitcoin ETF Flow (US$ million) - 2024-06-14 TOTAL NET FLOW: -189.9 (Provisional data) IBIT: 1.5 FBTC: -80.1 BITB: -7.1 ARKB: -49 BTCO: -2.9 EZBC: 0 BRRR: 0 HODL: 0 BTCW: 0 GBTC: -52.3 DEFI: 0 For all the data & disclaimers visit: https://t.co/4ISlrCgZdk
📉6/14 Total Net Flow:$ -190 million BlackRock $IBIT: $ +1.5 m Grayscale $GBTC: $ -52.3 m Fidelity $FBTC: $ -80.1 m Bitwise $BITB: $ -7.1 m Ark $ARKB: $ -49 m Invesco $BTCO: $ -2.9 m Franklin $EZBC: $ 0 Valkyrie $BRRR: $ 0 VanEck $HODL: $ 0 WisdomTree $BTCW: $ 0
6/14 $IBIT net flow +23 BTC ($ +1.5 million) Volume traded: $0.8 billion https://t.co/QUmmymPZo6
[BLOOMBERG] VanEck #Bitcoin ETF will be the first spot Bitcoin ETF to trade on Australia's bourse from Thursday
> etf s1 comments, july 2 speculated date > sec shilling tokenization > blackrock shilling public chains for tokenization > blackrock backing competitor tokenized stonk exchange eth up 0.5% https://t.co/aEZ1w4zHRL https://t.co/NbujID63Nd
🚨Fidelity Sells 1215 #Bitcoin ($80.1m) Third largest outflow since launch https://t.co/DhBiAK8TXe
An exchange-traded fund investing directly in Bitcoin will list on Australia’s main stock market for the first time, kicking off another wave of such listings after similar products began trading in the US and Hong Kong https://t.co/Czm60Rlwq0 via @markets
An exchange-traded fund investing directly in Bitcoin will list on Australia’s main stock market for the first time, kicking off another wave of such listings after similar products began trading in the US and Hong Kong https://t.co/Qid9tbA78Y
Massive Outflows Strike US #Bitcoin ETFs https://t.co/PnEgEScgH5
Ether ETF most likely approval date: July 2nd https://t.co/Z8nhIahq0V
🚨ARKB Sells 740 #Bitcoin ($49m) Outflows continue for Cathie's Fund 🫤 https://t.co/IThbqBVi6X
Ethereum spot ETFs start trading in a few weeks, and you’re bearish?
With the ETH ETFs set to go live in <3 weeks, the basis trade will now be widely accessible for both BTC and ETH via regulated exchanges. ETH and BTC futures account for >70% of all crypto open interest. This is very problematic for an $ENA token that's trading at $10B FDV. https://t.co/9NasEUVXd4
Think the ETH ETF revised launch date catalyst comes at an ideal time. Weekend gives a respite from the “macro uncertainty” & momentum driven ETF outflows of the last few days. Lopsided short positioning in the books. Window of time to bid $ETH & ignite momentum back.
Now we know $eth ETF is most likely early July, far otm spreads seem like a good play. Something like 4000/4500 call spread 28 July has a x7 potential. 4200/4500 has close to a X10. You've seen what liquidity injection did to BTC.
I was quite adamant that the Bitcoin ETF approval was not a sell the news event and would quickly bring us to new highs off real net inflows While we may see interest prior to the launch, I am not as sure the same plays out for the Ethereum ETF
ETH ATH by ETF seems reasonable
"SEC comments on Ethereum ETF S-1s were light, expect quick turnarounds": I re-revise my ETF launch forecast back to early July (as others have done). I own a lot of Ethereum and ETHE. With the price where it is today even after this news, I'm feeling like I don't own enough.
"SEC comments on Ethereum ETF S-1s were light, expect quick turnarounds": Re re-revise my ETF launch forecast back to early July (as others have done). I own a lot of Ethereum and ETHE. With the price where it is today even after this news, I'm feeling like I don't own enough.
$ETH ETF launch in ~3 weeks. https://t.co/HwIP1zw3vg
Ethereum just PUMPED to $3,500!! On news that spot ETFs start trading on July 2nd! So BULLISH on Ethereum!! https://t.co/rfd0sF4BTO
Eth ETF update: S-1s approves July 2nd
ETH trading 28% below ATH with an ETF coming in just a few weeks is probably the most redacted I've ever seen this market. Good news is, this stuff always catches up and when it does, it'll be a ton of fun.
Ethereum ETF trading goes live later this year Surely you shouldn't be bullish
Quick update on spot eth ETF S-1s... Makes sense that comments were pretty light. Heavy lifting had already been done. I'll take the under on July 2nd. No reason for a delay here. https://t.co/kl4ZL8nr4l
S-1 Expected To Be Approved By July 2nd According To BBG Analyst Eric Balchunas: Tweet
$ETH ETF is in the first half of July This is stupid and the market is wrong
The cumulative BTC spot ETFs volume is nearing $300 billion in only 155 days. https://t.co/ZQ7GsJyGni
SEC Commissioner Mark Uyeda is now saying that Tokenization will provide Higher security and Transparency! BlackRock's Chief of Investment also said that Ethereum will attract TradFi for Tokenization. But all I see in the Timeline are bearish takes because of short term price… https://t.co/New4ZciffP
🗞️ From ZKsync's airdrop confirmation to Gemini's $50 million settlement with the NYAG's office and crypto's latest influence on U.S. political campaigns, here are some of the stories that caught our eye @TheBlock__ this week in The Daily newsletter 👀 🧵⬇️ https://t.co/sQyirEc4AD
ICYMI: #Bitcoin ETFs see sharp $226.2M outflow amid ETH ETF news Read the full article 👇 https://t.co/obixY8Jhgr https://t.co/hnpPa858dn
🗞️ U.S. judge agrees to SEC, Terraform Labs and Do Kwon settlement 🗞️ @SECGov Chair Gary Gensler tells senators spot #etherETF applications should be finished this summer Catch today's top crypto headlines on "CoinDesk Daily" 👇 https://t.co/6Fw9Ne71RM
👀 ETH exchange balances hit an 8-year low as investors pull out 4.1M ETH ($40.21B) in anticipation of an Ethereum ETF. Could this signal an upcoming rally? Read what analysts have to say: https://t.co/xzE7udJM4t https://t.co/hkOl8VkDIT
they approved the ETH ETF https://t.co/HaF2wpit6W
📉 Crypto Markets Slide Amid Heavy Bitcoin ETF Outflows Investors pulled $226 million from spot Bitcoin ETFs on Thursday. https://t.co/05d01Kj0Mc https://t.co/fltJqUZeu3
🗞 Top #CryptoNews: Fri, June 14 (24H) 1️⃣ Gensler confirms spot #EthereumETFs will be approved ‘this summer’ during Senate hearing 2️⃣ Michael Saylor’s 21 Rules for #Bitcoin calls Bitcoin ‘Chaos’ and an ‘economic virus’ https://t.co/GJAazel4V1
No S-1 comments this week = SEC likely doing ETH spot on a normal course (not accelerated) Normal course = imo end of July launch earliest If it goes later it’ll depend on how extensive comments are and how many rounds of comments to expect.
Jun 14 Update: 9 ETFs decreased 2,297 $BTC(-$153M). #Fidelity decreased 1,596 $BTC(-$106.3M) and currently holds 172,753 $BTC($11.5B). #Grayscale decreased 12 $BTC(-$770K) and currently holds 282,148 $BTC($18.8B). https://t.co/hhfJaGXTi6 https://t.co/H7AUSoZbEt
SEC PRAISES TOKENIZATION FOR THE FIRST TIME - “MAY REMOVE THE NEED FOR MOST INTERMEDIARIES” - According to Fox Business’ @EleanorTerrett, Mark Uyeda of the Securities and Exchange Commission has praised ‘tokenization’, despite his agency’s historically hostile stance toward… https://t.co/jiMJtiQVRp https://t.co/Kb5y9rQZPO
🚨BREAKING: SEC COMMISSIONER PRAISES TOKENIZATION; "MAY PROVIDE TRANSACTIONS WITH A HIGHER LEVEL OF SECURITY, TRANSPARENCY, AND IMMUTABILITY" ~ @ELEANORTERRETT
Now is the time to accumulate ETH before the ETFs go live
UPDATE: @BlackRock sources and quotes on #Bitcoin ETF growth and $BTC price action: • “expected this inflow velocity from the get go; demand will remain elevated.” • “we expect the group ($BTC ETF’s) to surpass $100B AUM in Q2 2025.” • “surprised #Bitcoin (price) isn’t…
Investors Pull Nearly $11 Billion in #BTC and #ETH From Major Exchanges in 30 Days https://t.co/9EoiHhTwHy
NEW: Fidelity’s #Bitcoin ETF experiences its second-worst day of outflows yesterday 😮 https://t.co/N0mmtTPWE1
Would you buy $BTC at $25k knowing Gary had approved the ETF's? This is the opportunity with $ETH right now. ETF's are approved. Zero priced in.
[SOSO VALUE] #Bitcoin ETFs listed in the US see investor withdrawals for 3 straight days, exceeding $226 million on Thursday. Fidelity's $FBTC had the biggest outflow, followed by Grayscale's $GBTC. Only BlackRock's $IBIT saw inflows https://t.co/7Ug6fBlZmK
Today's #Web3 updates:🌐🔔 -Bitcoin ETFs lose $226M, led by Fidelity's FBTC -Trezor's new Safe 5 crypto wallet, Bitcoin-only option -Coinbase CEO supports bipartisanship -Ripple seeks lower SEC fine, cites Terra case 📜Explore more in our newsletter: https://t.co/D6ruOvYY4s
🚨 Some Major news from yesterday🚨 - $ETH At Congressional Hearing Gary Gensler said ETH Spot ETFs is likely to receive approval around summer - $Manta has launched a $50M Ecosystem Grant Program and Fund to support early-stage projects focusing on ke AI, ZK and DePINs -…
INSIGHTS 📉 #Bitcoin ETFs see sharp $226.2M outflow amid ETH ETF news via @andjelaradmilac https://t.co/0rmuu2aqYo
Daily Crypto News 📣 👉 News: — Gensler says #EthereumETF S-1 approvals likely ‘over the course of this summer’ — Ripple argues for lower fines than SEC’s proposed $2 billion, cites Terraform settlement to make its case 👉 Project Updates: — Paradigm raises $850 million for a… https://t.co/uxCN3MV367
6/13 Spot Bitcoin ETF: Net flow: $ -226 million Trading Volume: $1.8 billion Net flow for $100: $-15 million by $-100 Most of deals filled at price $66,850 Correlation to $SPX move to slightly negative. https://t.co/tnVm4iMB6D https://t.co/zOGQzWLmL1
Big day of Bitcoin ETF outflows yesterday. Over 100m from Fidelity's FBTC alone. What will today hold in store for us? 🤔 https://t.co/JM45bYamD0
Big day of Bitcoin ETF outflows yesterday. Over 100m from BlackRock's IBIT alone. What will today hold in store for us? 🤔 https://t.co/FYHUusKr14
U.S.-listed bitcoin exchange-traded funds (ETFs) recorded over $226 million in outflows on Thursday, making it the third day of outflows this week. By @shauryamalwa https://t.co/JA5OCH1QTQ
BlackRock’s #Bitcoin ETF is still the only ETF with only 1 day of outflow since its launch Unreal
In just 5 months, BlackRock $IBIT flipped Grayscale $GBTC. Want to see where the smart money is going? Stay updated like Larry, not Barry! Get free daily insights and follow the big moves in #Bitcoin with Flow State. Subscribe for free. https://t.co/zPDSNJTTd9 https://t.co/6XaHtJilBp
US spot bitcoin ETFs experience net outflows of $226 million led by Fidelity’s FBTC BUT BlackRock experienced inflows!!! BlackRock has more than $20 billion worth of BTC and they keep accumulating... There's something in that.
"Hey we should buy $ETH before this ETF goes live" - Wall Street rn https://t.co/Oa4nkJDb37
#Bitcoin ETFs sold $226,200,000 $BTC yesterday
📰 Recap ‣ BTC ETFs see $100m inflows ‣ Miners continue to be large sellers of BTC - while whales accumulate ‣ MicroStrategy to raise $500m to buy BTC - pumped price up! ‣ BAMK rises 75% to $350m in Runes ‣ 4% of Turkey GDP used to buy stablecoins - this is 4x more then… https://t.co/0Phi47OU1s
🔔 Today's #KuCoinMarketWatch updates (Jun 14, 2024) 🔽 ✅ #SEC Chair expects spot #EthereumETF S-1 approvals this summer 🏦 SEC remains uncertain on $ETH status, while #CFTC confirms it as commodity 📉 Market downturn, #altcoins plummet More news ⤵️
US spot bitcoin ETFs experience net outflows of $226 million led by Fidelity’s FBTC https://t.co/JQDSkwswxF
Good morning Bitcoin fam, Yesterday's flows were negative for $226.2 million. Fidelity had $106.4 million of outflows, GBTC $61.5 million, Ark $52.7 million, VanEck $11.3 million and Bitwise $9.8 million. Blackrock had $18.2 million of inflows. Price went from $68k to $66.5k.… https://t.co/fX3QcijR6G
"JPMorgan suggests the reported demand for Bitcoin ETFs may be overstated. They think much of the inflow represents a shift from crypto wallets on exchanges to the new ETFs due to cost-effectiveness, liquidity, and regulatory protection. Despite a stronger net flow into digital… https://t.co/qhcXBm3d1C
📉6/13 Total Net Flow:$ -226 million BlackRock $IBIT: $ +18.3 m Grayscale $GBTC: $ -61.5 m Fidelity $FBTC: $ -106.4 m Bitwise $BITB: $ -9.8 m Ark $ARKB: $ -52.7 m Invesco $BTCO: $ -2.7 m Franklin $EZBC: $ 0 Valkyrie $BRRR: $ 0 VanEck $HODL: $ -11.3 m WisdomTree $BTCW: $ 0 https://t.co/qOcgZuvNjU
.@jpmorgan says the majority of the $16 billion inflow into spot #bitcoinETFs since launch likely came from existing digital wallets on exchanges rather than new money entering the space. https://t.co/4m7rlJXOfi
🚨Blackrock Buys the Dips +273 #Bitcoin ($18.3m) https://t.co/K616tBQgxu
6/13 $IBIT net flow +273 BTC ($ +18.3 million) Volume traded: $0.9 billion https://t.co/KNwvbITfga
🚨 Fidelity sells 1590 #Bitcoin ($106m) Wow. Second largest day of outflows since launch. https://t.co/vi7F2WJTm3
Ethereum is only $3,500 - Spot ETFs approved - BlackRock put $100m onchain - $ETH NFTs will make a comeback - dozens of L2s paying ETH - base innovating (backed by coinbase) - Trillion dollar asset managers predicting sky high prices Reasons to be bullish on ETH! HIGHER imo https://t.co/yMLkp8dqRn
🚨 ARKB Sells 775 #Bitcoin ($52.7m) Consecutive days of strong outflows from Cathie's fund https://t.co/LFwecKyfkl
Fidelity’s FBTC Tops #Bitcoin ETF Inflows With $51M https://t.co/brrpxzi6Rd
$GBTC again a day of outflow: $62M https://t.co/6MCLvVGwwE
Pretty huge endorsement here for Ethereum 🤝 BlackRock's CIO of ETF Investments says permissioned blockchains have lost. Ethereum has won and tokenization will happen there To avoid liquidity fragmentation. More bullish signals https://t.co/C5FlmvaAmg
$BTC pumped for months leading up to its ETF approval in January. Now we have confirmation from the horse's (Gary) mouth that the $ETH S1's will be approved before the summer is over. Meaning the ETF'S will begin trading right after. Yet not 1 cent is priced in yet. Incredible 🙄
JUST IN:🇺🇸 BlackRock and Fidelity have increased their Spot #Bitcoin ETF holdings to a combined total of: 479,645 #Bitcoin worth $32 Billion 👀 https://t.co/s4Eij21KhG
What would you do if ETH ETF S1 only approves in Sept https://t.co/vvwVB5ZLOY
Prediction: the SEC will approve the $ETH ETF trading to go live July 3rd in effort to hide it over the long holiday weekend