Spot Bitcoin ETFs Clobbered By $218M Net Outflow On Thursday
- Bitcoin ETF Outflows: Despite significant outflows from Bitcoin exchange-traded funds (ETFs), Bitcoin's price increased by 3.7% this week.
- Outflow Details: Data shows a net outflow of $218 million from Bitcoin spot ETFs, with Grayscale's GBTC ETF experiencing the largest loss of $139 million.
- Investor Sentiment vs. Price: The price increase in Bitcoin suggests a disconnect between investor sentiment in ETFs and the asset itself, supported by JPMorgan research on weakening correlation.
- Market Stability: Liquidation data indicates a relatively stable market, with only $13.48 million worth of Bitcoin longs liquidated in the past 24 hours.
- Future Implications: Questions arise about the future of Bitcoin ETFs and investor sentiment, with an upcoming event to discuss these critical issues on Nov. 19.
Trade with 70% Backtested Accuracy
Analyst Views on EZBC
About the author
Currently, there's a single method to include crypto in your 401(k), but you'll have to manage it independently.
Cryptocurrency in 401(k): There is growing interest among employers and investors regarding the inclusion of cryptocurrency and other non-traditional assets in 401(k) plans, especially with recent signals from Washington indicating openness to such options.
Importance of 401(k): A 401(k) is a crucial retirement savings tool, especially as traditional pensions decline and Social Security provides limited support, emphasizing the need for early and consistent saving along with employer matching to benefit from compound growth.
XRP ETF Surge Begins: $14 Million in Initial Trading as Franklin Introduces XRPZ to the Competition
Launch of Franklin XRP ETF: Franklin Templeton has introduced the Franklin XRP ETF (NYSE: XRPZ), allowing investors to gain regulated exposure to XRP, a digital asset known for its efficiency in cross-border payments.
Strong Initial Trading Volume: The first hour of trading for the newly launched XRP ETFs saw a combined turnover of $13.94 million, with Bitwise leading the pack, followed closely by the Canary Capital XRP ETF and Franklin XRP ETF.
XRP's Role in Digital Portfolios: Franklin Templeton's executives emphasized XRP's significance as a foundational element in diversified digital portfolios, highlighting its regulated custody and transparency.
Part of a Broader Crypto ETF Strategy: The Franklin XRP ETF is part of Franklin Templeton's expanding digital-asset offerings, which include other ETFs focused on Bitcoin, Ethereum, and a crypto index, aiming to provide institutional-grade access to the crypto market.
Big Tech ETF on pace to snap weekly winning streak amid S&P 500 breadth worries
Market Analysis: This week's ETF Wrap discusses the risks associated with narrow breadth in the S&P 500, highlighting the struggles of U.S. stocks following the Federal Reserve's recent policy meeting.
Feedback and Contact Information: Readers are encouraged to provide feedback and tips via email or follow the authors on social media platforms for updates.
SA Sentiment: Should the U.S. create a Strategic Bitcoin Reserve?
Bitcoin's Rising Popularity: As Bitcoin approaches the $100,000 mark, more investors are showing interest in cryptocurrency, although many oppose the idea of a U.S. Strategic Bitcoin Reserve.
Trump's Crypto Vision: President-elect Donald Trump has expressed intentions to make the U.S. a leading force in cryptocurrency, proposing a stockpile of crypto and discussions about establishing a White House position for cryptocurrency policy.
Why these ‘Trump trade’ ETF winners are fading — and what it says about markets
ETF Winners Analysis: This week's ETF Wrap by MarketWatch reporter Isabel Wang discusses the performance of ETFs linked to the Trump trade and examines if their momentum is diminishing post-Election Day.
Contact Information: Readers are encouraged to send tips or feedback via email or follow the reporters on social media for updates.
How ETF investors can lock in higher yields as Treasury rates jumped in October
Defined-Maturity Bond Ladder ETFs: This week's ETF Wrap discusses defined-maturity bond ladder ETFs, which can help investors secure high yields and align maturity dates with their investment objectives amid volatile bond markets.
Contact Information: The article encourages readers to send tips or feedback to the reporters via email and provides their social media handles for following updates.
Currently, there's a single method to include crypto in your 401(k), but you'll have to manage it independently.
Cryptocurrency in 401(k): There is growing interest among employers and investors regarding the inclusion of cryptocurrency and other non-traditional assets in 401(k) plans, especially with recent signals from Washington indicating openness to such options.
Importance of 401(k): A 401(k) is a crucial retirement savings tool, especially as traditional pensions decline and Social Security provides limited support, emphasizing the need for early and consistent saving along with employer matching to benefit from compound growth.
XRP ETF Surge Begins: $14 Million in Initial Trading as Franklin Introduces XRPZ to the Competition
Launch of Franklin XRP ETF: Franklin Templeton has introduced the Franklin XRP ETF (NYSE: XRPZ), allowing investors to gain regulated exposure to XRP, a digital asset known for its efficiency in cross-border payments.
Strong Initial Trading Volume: The first hour of trading for the newly launched XRP ETFs saw a combined turnover of $13.94 million, with Bitwise leading the pack, followed closely by the Canary Capital XRP ETF and Franklin XRP ETF.
XRP's Role in Digital Portfolios: Franklin Templeton's executives emphasized XRP's significance as a foundational element in diversified digital portfolios, highlighting its regulated custody and transparency.
Part of a Broader Crypto ETF Strategy: The Franklin XRP ETF is part of Franklin Templeton's expanding digital-asset offerings, which include other ETFs focused on Bitcoin, Ethereum, and a crypto index, aiming to provide institutional-grade access to the crypto market.
Big Tech ETF on pace to snap weekly winning streak amid S&P 500 breadth worries
Market Analysis: This week's ETF Wrap discusses the risks associated with narrow breadth in the S&P 500, highlighting the struggles of U.S. stocks following the Federal Reserve's recent policy meeting.
Feedback and Contact Information: Readers are encouraged to provide feedback and tips via email or follow the authors on social media platforms for updates.
SA Sentiment: Should the U.S. create a Strategic Bitcoin Reserve?
Bitcoin's Rising Popularity: As Bitcoin approaches the $100,000 mark, more investors are showing interest in cryptocurrency, although many oppose the idea of a U.S. Strategic Bitcoin Reserve.
Trump's Crypto Vision: President-elect Donald Trump has expressed intentions to make the U.S. a leading force in cryptocurrency, proposing a stockpile of crypto and discussions about establishing a White House position for cryptocurrency policy.
Why these ‘Trump trade’ ETF winners are fading — and what it says about markets
ETF Winners Analysis: This week's ETF Wrap by MarketWatch reporter Isabel Wang discusses the performance of ETFs linked to the Trump trade and examines if their momentum is diminishing post-Election Day.
Contact Information: Readers are encouraged to send tips or feedback via email or follow the reporters on social media for updates.
How ETF investors can lock in higher yields as Treasury rates jumped in October
Defined-Maturity Bond Ladder ETFs: This week's ETF Wrap discusses defined-maturity bond ladder ETFs, which can help investors secure high yields and align maturity dates with their investment objectives amid volatile bond markets.
Contact Information: The article encourages readers to send tips or feedback to the reporters via email and provides their social media handles for following updates.
