Primer The ProShares Bitcoin ETF launched yesterday, attracting over $500M in capital on day one....However, the ETF isn’t simply a product that buys spot BTC, instead it buys BTC futures....Futures Spreads Are Tight (Most of the Time) According to the ETF’s prospectus, ProShares will hold...However, the ETF isn’t simply […]...

BTC Spot ETF Flows — The Institutions Are Coming…Or Are They?...With the introduction of the Bitcoin Spot ETFs in January 2024, this goal has finally become a reality...In the above chart, we can clearly see the relationship between spot ETF demand and BTC price performance...ETF products printing some disappointing numbers.

Market Updates All eyes are on Proshare’s Bitcoin Futures ETF today, the first Bitcoin-linked ETF in...Finally, the Valkyrie Bitcoin ETF launch—due to debut tomorrow with the memorable ticker BTFD—underscores...Futures ETF launch today.

’s demand structure more profoundly than ETFs ever did....Once Bitcoin ETFs or CITs are integrated into plan menus, payroll contributions can reach Bitcoin exposure...Once fiduciary approval allows Bitcoin ETFs or CITs on the plan menu, these managers can incorporate...

Bitcoin ETF Traction The ProShares Bitcoin ETF is off to a solid start with over $1.1B of inflows in...(Plus, as we noted yesterday, the ETF is not that bad)....would a proper spot ETF receive?...(@stablekwon) October 21, 2021 The Bitcoin ETF’s AUM could be limited by CME contract caps .

...a dozen spot BTC ETF applications in 2023, with many ETFs approved at the start of 2024....The first ramification for Bitcoin is that a spot ETF is a strong signal that Bitcoin, and by extension...A spot Bitcoin ETF puts Bitcoin firmly in the mainstream and opens the coin up to a vast pool of liquidity...

BTC Spot ETFs — Summer Starts With Massive ETF Flows Reminder, Delphi’s BTC Spot ETF Flow Tracker can...With summer kicking off, first week ETF flows for June came in hot, well out-pacing expectations and...We have now seen 19 consecutive days of net inflows for these ETFs, the longest streak since the ETF’...What is Bitcoin?

Long-term value potential and analysis of Bitcoin...

Insights from the Bitcoin options market.

For perspective, net outflows from the two largest gold ETFs (GLD & IAU) totaled ~$5.7 billion in...Which is why Bitcoin is so fascinating to them....These two exchange traded funds do not constitute the entire market for gold-backed ETFs (and similar...Bitcoin Running Ahead of Schedule Bitcoin wasted no time in the new year, kicking off 2021 with a +35%...

I had the privilege of presenting at CoinDesk’s Bitcoin for Advisors conference earlier this week....The title of the session was “Global Macro Outlook and What It Means for Bitcoin”; needless to say I...Global Macro Outlook and What It Means for Bitcoin Slide 1: COVID-19 = Accelerant, NOT Root Cause..., “Global Macro Outlook and What It Means for Bitcoin”.

Is Bitcoin Eating the World?...Bitcoin has leapt back into the limelight after taking a backseat to the “summer of DeFi” craze....Bitcoin was not the only asset taking a hit....Bitcoin, however, is new to most....But bitcoin won’t be shackled to playing just one role.

The Path to DeFi’s ETF Moment: The Rise of Morpho, Curators, and Mullets The state of DeFi today suggests...ETF....ETF assets. More recently, we in crypto have felt the ETF effect too. ...Since launching in January 2024, U.S. spot Bitcoin ETFs have attracted over $92B in AUM, now holding...

As Bitcoin is the largest coin by market cap, a strong Bitcoin often acts as a tailwind for the broader...Bitcoin halvening events have historically signaled a substantial increase in the price of Bitcoin....be bearish in Bitcoin’s case....The chart above compares BTC’s performance against VFH, a financial sector ETF, and KRE, a regional banking...

Key Takeaways The MVRV ratio is a on-chain metric that measures Bitcoin’s market value (MV) against...Realized value was conceptualized by David Puell and Murad Mahmudov, and it values the Bitcoin network...However, it’s important to note that the Bitcoin market is a completely different animal today than it...A look into key data points for Bitcoin and what they say.

...demand is outstripping available supply, thanks to the growing popularity of our shiny new spot BTC ETFs...As I said on @SquawkCNBC this morning, the supply/demand dynamic in bitcoin right now is off-the-hook...Bitcoin is the cool kid on the block again…much to the dismay of gold bugs.  ...

Something to watch for going forward… Bitcoin’s initial price drop following the CPI release triggered...a resurgence in memes mocking those who put their faith in bitcoin as an inflation hedge....Joe Weisenthal, host of Bloomberg’s Odd Lots podcast and frequent Bitcoin critic, got in on the action...

For more in-depth detail and context, be sure to check out our latest Bitcoin Outlook published just...Seasonality Struggles The early months of a new year are typically the most challenging for bitcoin,...But working off the data we do have, the argument for bitcoin’s Q1 weakness is likely two-fold.

Bitcoin is on pace for its best day in over five weeks on the back of its +10% surge in the last 18 hours...Bitcoin was trading around $7,200 at the time, equating to a +20% gain since....ve seen a steady decline in expected vol for risk assets like equities, which tends to bode well for bitcoin...

On-chain analysis, market indicators, and cycle comparisons to understand the current state of Bitcoin...