ETFvsBTC
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Join the #ETFvsBTC campaign for a chance to win up to 500 FDUSD! Weigh in on the pros and cons of investing in Bitcoin ETFs as opposed to buying BTC directly.
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Bitcoin ETFs Hit $100B Milestone Amid Record Rally
Bitcoin surged to an all-time high of $95,000 on Wednesday, pushing the total net asset value of Bitcoin ETFs to a historic $100.55 billion, representing 5.4% of Bitcoinâs market cap, according to Sosovalue.
Blackrockâs IBIT leads with $45.38B in assets, followed by Grayscaleâs GBTC ($20.61B) and Fidelityâs FBTC ($18.44B). ETFs saw $773M in inflows on Wednesday, with IBIT driving $626M.
As Bitcoin eyes the $100K mark, analysts predict even larger ETF inflows in December, a traditionally strong month.
Meanwhile, U.S. Ethereum ETFs continued a five-day outflow streak, losing $30.3M on the same day.
Is $100K next for Bitcoin? đ
#BTCâ #ETFvsBTC $BTC
Bitcoin surged to an all-time high of $95,000 on Wednesday, pushing the total net asset value of Bitcoin ETFs to a historic $100.55 billion, representing 5.4% of Bitcoinâs market cap, according to Sosovalue.
Blackrockâs IBIT leads with $45.38B in assets, followed by Grayscaleâs GBTC ($20.61B) and Fidelityâs FBTC ($18.44B). ETFs saw $773M in inflows on Wednesday, with IBIT driving $626M.
As Bitcoin eyes the $100K mark, analysts predict even larger ETF inflows in December, a traditionally strong month.
Meanwhile, U.S. Ethereum ETFs continued a five-day outflow streak, losing $30.3M on the same day.
Is $100K next for Bitcoin? đ
#BTCâ #ETFvsBTC $BTC
In another significant step for cryptocurrency investment vehicles as a number of other spot bitcoin ETF issuers are about to join BlackRock in providing options trading. BlackRock's iShares Bitcoin Trust (IBIT) made a successful options debut on Tuesday, and the Options Clearing Corporations, the only issuer and regulator of all U.S. exchange-listed securities options, have reported that options trading for spot bitcoin ETFs is continuing to grow, with several issuers scheduled to start trading on Wednesday.
#ETFvsBTC #IBIT #BTCâ #SpotETFTrading #TradingShot
#ETFvsBTC #IBIT #BTCâ #SpotETFTrading #TradingShot
#ETFvsBTC
buying BTC directly sometimes stands as a worse option as you will only earn BTC currency according to the exact amount you spend and exact BTC price because buying is just like converting currency, but if you invest you may many times see that the BTC value earned comes different because of one item that is market movement, and as it's a very volatile crypto currency, you can see that different people can get BTC at different prices during the same day, week or month, but all of them owning the same amount. Therefore it's a chance for you to get BTC relatively cheap but of course also there's the possibility of you buying it more expensive.
buying BTC directly sometimes stands as a worse option as you will only earn BTC currency according to the exact amount you spend and exact BTC price because buying is just like converting currency, but if you invest you may many times see that the BTC value earned comes different because of one item that is market movement, and as it's a very volatile crypto currency, you can see that different people can get BTC at different prices during the same day, week or month, but all of them owning the same amount. Therefore it's a chance for you to get BTC relatively cheap but of course also there's the possibility of you buying it more expensive.
#Bitcoinâ ETF's now hold 1 million #bitcoinâď¸ Now that's a lot đĽ đ
#BTCâ #ETFvsBTC #NextMarketMoves
#BTCâ #ETFvsBTC #NextMarketMoves
BlackRockâs Bitcoin ETF hits $40B in assets.. Its the fastest & the most successful ETF in history...
#BlackRock⊠#ETFvsBTC #BTCâ #WorldLibertyXChainlink #NextMarketMoves
#BlackRock⊠#ETFvsBTC #BTCâ #WorldLibertyXChainlink #NextMarketMoves
Riding the Crypto Wave: Key Trends in Bitcoin, Ethereum, and ETFs
The cryptocurrency landscape is ever-evolving, with Exchange-Traded Funds (ETFs) offering investors a convenient avenue to access digital assets like Bitcoin (BTC) $BTC and Ethereum (ETH) $ETH . Recent data reveals significant shifts in these investments, marked by substantial outflows and price fluctuations, sparking questions about the future direction of the market. This article delves into the latest trends and explores what these developments could mean for investors navigating the crypto sphere.
Key Highlights
⢠ETF Outflows: On November 15, 2024, crypto ETFs saw daily outflows totaling $247.20 million, predominantly from Bitcoin ETFs ($225.30 million) and Ethereum ETFs ($21.90 million). This pattern suggests a pullback among investors, possibly due to profit-taking or re-evaluating positions as prices reach recent highs.
⢠Total AUM Growth: Despite these daily outflows, the total assets under management (AUM) for crypto ETFs have surged to $65.63 billion, indicating sustained long-term interest from investors.
Bitcoin (BTC) Trends
⢠Price Performance: Currently priced at $88,291.25, Bitcoin has experienced a slight decline over the past 24 hours. However, it has soared over 31% in the last month, demonstrating robust overall performance.
⢠Market Dominance: With a market dominance of 59.88%, Bitcoin reaffirms its position as the leading digital asset in the crypto market.
⢠Investor Sentiment: The heightened interest in Bitcoin is fueled by:
⢠Favorable Regulatory Developments: Anticipation of more crypto-friendly policies and regulatory clarity boosts investor confidence.
⢠Safe-Haven Appeal: Amid economic uncertainties, Bitcoin is increasingly viewed as a hedge against traditional market volatility.
Ethereum (ETH) Trends
⢠Price Movements: Ethereum is currently trading at $3,076.24, reflecting a 3.76% drop in the last 24 hours. Nonetheless, it has gained 17.25% over the past month, underscoring its strong performance.
⢠Market Position: As the second-largest cryptocurrency, Ethereum holds a market dominance of 12.72%.
⢠Unique Appeal: Ethereumâs platform is pivotal for decentralized applications (dApps) and non-fungible tokens (NFTs), giving it a distinct edge but also exposing it to more speculative market dynamics.
ETF Net Flows and AUM: Correlations with BTC and ETH
Understanding how ETF net flows and AUM movements impact Bitcoin and Ethereum prices is crucial:
⢠Positive Price Correlation: Bitcoin and Ethereum often move in tandem due to shared market influences such as regulatory news and macroeconomic factors. A surge in Bitcoinâs price often leads to gains in Ethereum.
⢠ETF Flows Reflect Market Sentiment:
⢠Net Flows: Significant inflows or outflows in crypto ETFs tend to mirror price movements in BTC and ETH. The recent substantial outflows from BTC and ETH ETFs coincided with short-term price declines.
⢠AUM Growth: Despite daily volatility in net flows, the steady increase in total AUM of crypto ETFs highlights the enduring interest of institutional investors in these assets.
What Does This Mean for Investors?
These trends provide valuable insights for investors:
⢠Short-Term Volatility: The recent ETF outflows suggest that some investors are capitalizing on profits. Those with a short-term investment horizon may find monitoring net flows helpful in timing their market entry and exit.
⢠Long-Term Confidence: The growth in AUM, despite daily fluctuations, signals strong ongoing interest from institutional investors, indicating confidence in the long-term value of Bitcoin and Ethereum ETFs.
⢠Correlation Indicators: Tracking the correlations between ETF flows and crypto prices can help investors anticipate market trends. Large inflows may signal growing bullish sentiment, while significant outflows could indicate a potential market cooldown.
Closing Thoughts
The crypto market, particularly Bitcoin and Ethereum, continues to be both complex and promising. ETF flows and AUM data offer valuable insights into investor behavior and market trends, yet uncertainties remain:
⢠Institutional Interest: Will the enthusiasm from institutional investors persist, or will market volatility temper their involvement?
⢠Global Impact: How will broader economic shifts and regulatory developments shape the long-term growth of cryptocurrencies?
By staying informed and understanding these patterns, investors can better navigate the evolving crypto landscape. As cryptocurrencies increasingly integrate into mainstream finance, grasping these trends will be essential for making well-informed investment decisions.
#ETFvsBTC #ETFNewsUpdate
Key Highlights
⢠ETF Outflows: On November 15, 2024, crypto ETFs saw daily outflows totaling $247.20 million, predominantly from Bitcoin ETFs ($225.30 million) and Ethereum ETFs ($21.90 million). This pattern suggests a pullback among investors, possibly due to profit-taking or re-evaluating positions as prices reach recent highs.
⢠Total AUM Growth: Despite these daily outflows, the total assets under management (AUM) for crypto ETFs have surged to $65.63 billion, indicating sustained long-term interest from investors.
Bitcoin (BTC) Trends
⢠Price Performance: Currently priced at $88,291.25, Bitcoin has experienced a slight decline over the past 24 hours. However, it has soared over 31% in the last month, demonstrating robust overall performance.
⢠Market Dominance: With a market dominance of 59.88%, Bitcoin reaffirms its position as the leading digital asset in the crypto market.
⢠Investor Sentiment: The heightened interest in Bitcoin is fueled by:
⢠Favorable Regulatory Developments: Anticipation of more crypto-friendly policies and regulatory clarity boosts investor confidence.
⢠Safe-Haven Appeal: Amid economic uncertainties, Bitcoin is increasingly viewed as a hedge against traditional market volatility.
Ethereum (ETH) Trends
⢠Price Movements: Ethereum is currently trading at $3,076.24, reflecting a 3.76% drop in the last 24 hours. Nonetheless, it has gained 17.25% over the past month, underscoring its strong performance.
⢠Market Position: As the second-largest cryptocurrency, Ethereum holds a market dominance of 12.72%.
⢠Unique Appeal: Ethereumâs platform is pivotal for decentralized applications (dApps) and non-fungible tokens (NFTs), giving it a distinct edge but also exposing it to more speculative market dynamics.
ETF Net Flows and AUM: Correlations with BTC and ETH
Understanding how ETF net flows and AUM movements impact Bitcoin and Ethereum prices is crucial:
⢠Positive Price Correlation: Bitcoin and Ethereum often move in tandem due to shared market influences such as regulatory news and macroeconomic factors. A surge in Bitcoinâs price often leads to gains in Ethereum.
⢠ETF Flows Reflect Market Sentiment:
⢠Net Flows: Significant inflows or outflows in crypto ETFs tend to mirror price movements in BTC and ETH. The recent substantial outflows from BTC and ETH ETFs coincided with short-term price declines.
⢠AUM Growth: Despite daily volatility in net flows, the steady increase in total AUM of crypto ETFs highlights the enduring interest of institutional investors in these assets.
What Does This Mean for Investors?
These trends provide valuable insights for investors:
⢠Short-Term Volatility: The recent ETF outflows suggest that some investors are capitalizing on profits. Those with a short-term investment horizon may find monitoring net flows helpful in timing their market entry and exit.
⢠Long-Term Confidence: The growth in AUM, despite daily fluctuations, signals strong ongoing interest from institutional investors, indicating confidence in the long-term value of Bitcoin and Ethereum ETFs.
⢠Correlation Indicators: Tracking the correlations between ETF flows and crypto prices can help investors anticipate market trends. Large inflows may signal growing bullish sentiment, while significant outflows could indicate a potential market cooldown.
Closing Thoughts
The crypto market, particularly Bitcoin and Ethereum, continues to be both complex and promising. ETF flows and AUM data offer valuable insights into investor behavior and market trends, yet uncertainties remain:
⢠Institutional Interest: Will the enthusiasm from institutional investors persist, or will market volatility temper their involvement?
⢠Global Impact: How will broader economic shifts and regulatory developments shape the long-term growth of cryptocurrencies?
By staying informed and understanding these patterns, investors can better navigate the evolving crypto landscape. As cryptocurrencies increasingly integrate into mainstream finance, grasping these trends will be essential for making well-informed investment decisions.
#ETFvsBTC #ETFNewsUpdate
My targets for next 6-12 months
$BTC: $150k-$250k
$ETH: $10k-$15k
$BNB: $900-$1,400
$SOL: $450-$800
$XRP: $3-$5
$DOGE: $1-$3
$Matic: $5- $10
$DOT: $50-$120
$APT : $60-100
$SUI : $6-8
What Do You Think Guys???
#BTCâ #bitcoinâď¸ #ETHETFsApproved #CPI_BTC_Watch #ETFvsBTC
$BTC: $150k-$250k
$ETH: $10k-$15k
$BNB: $900-$1,400
$SOL: $450-$800
$XRP: $3-$5
$DOGE: $1-$3
$Matic: $5- $10
$DOT: $50-$120
$APT : $60-100
$SUI : $6-8
What Do You Think Guys???
#BTCâ #bitcoinâď¸ #ETHETFsApproved #CPI_BTC_Watch #ETFvsBTC
Genius Group Stock Surges 66% Following "Bitcoin-First" Treasury Strategy
Genius Group Limited, an AI-driven education technology firm based in Singapore, saw its stock climb 66.4% on November 12, closing at $1.05 and reaching $1.71 in after-hours trading. The surge followed the companyâs announcement of a strategic shift to make Bitcoin its primary treasury asset.
The "Bitcoin-First" Strategy
Inspired by MicroStrategy, a software company known for adopting a Bitcoin-centric treasury strategy, Genius Group has outlined plans to invest 90% or more of its current and future reserves in Bitcoin. This shift begins with a $150 million at-the-market (ATM) offering, aiming to acquire an initial target of $120 million in Bitcoin.
Expanding Payment Options and Web3 Education
In addition to Bitcoin acquisition, Genius Group will enable Bitcoin payments on its education platform and introduce a Web3-focused curriculum to educate students about Bitcoin, blockchain, and other digital assets.
Statements from Leadership
Genius Group Director Thomas Power expressed strong support for the approach popularized by MicroStrategy CEO Michael Saylor. Power noted, âWe believe that through our Bitcoin-first strategy, we will be one of the first U.S. NYSE-listed companies to fully adopt MicroStrategyâs Bitcoin strategy for the benefit of our shareholders.â
Background and Company Vision
Founded in 2002, Genius Group went public on the New York Stock Exchange in 2022. Its AI-driven educational platform spans primary, secondary, and higher education, as well as corporate and government sectors. The recent reorganization of Genius Groupâs board, including blockchain and Web3 experts, reflects the company's focus on digital asset integration.
Embracing Exponential Technologies
Power added that this strategic shift aligns with Genius Groupâs vision to prepare students for "the exponential technologies of the future,â describing Bitcoin as âthe primary store of value that will power these exponential technologies.â
Joining the Bitcoin Treasury Movement
Genius Groupâs move aligns with an industry trend as more companies add Bitcoin to their reserves. This positions the firm alongside early adopters like MicroStrategy, which currently holds over 279,420 Bitcoins.
$BTC
The "Bitcoin-First" Strategy
Inspired by MicroStrategy, a software company known for adopting a Bitcoin-centric treasury strategy, Genius Group has outlined plans to invest 90% or more of its current and future reserves in Bitcoin. This shift begins with a $150 million at-the-market (ATM) offering, aiming to acquire an initial target of $120 million in Bitcoin.
Expanding Payment Options and Web3 Education
In addition to Bitcoin acquisition, Genius Group will enable Bitcoin payments on its education platform and introduce a Web3-focused curriculum to educate students about Bitcoin, blockchain, and other digital assets.
Statements from Leadership
Genius Group Director Thomas Power expressed strong support for the approach popularized by MicroStrategy CEO Michael Saylor. Power noted, âWe believe that through our Bitcoin-first strategy, we will be one of the first U.S. NYSE-listed companies to fully adopt MicroStrategyâs Bitcoin strategy for the benefit of our shareholders.â
Background and Company Vision
Founded in 2002, Genius Group went public on the New York Stock Exchange in 2022. Its AI-driven educational platform spans primary, secondary, and higher education, as well as corporate and government sectors. The recent reorganization of Genius Groupâs board, including blockchain and Web3 experts, reflects the company's focus on digital asset integration.
Embracing Exponential Technologies
Power added that this strategic shift aligns with Genius Groupâs vision to prepare students for "the exponential technologies of the future,â describing Bitcoin as âthe primary store of value that will power these exponential technologies.â
Joining the Bitcoin Treasury Movement
Genius Groupâs move aligns with an industry trend as more companies add Bitcoin to their reserves. This positions the firm alongside early adopters like MicroStrategy, which currently holds over 279,420 Bitcoins.
$BTC