Bitcoin {{BTC}} has risen 2.8% over 24 hours, trading above $66,500, and ether {{ETH}} has advanced to $3,240, according to CoinDesk Indices data, as multiple issuers in Hong Kong said they'd been approved for spot crypto exchange-traded funds (ETFs).

China Asset Management, Bosera Capital and other applicants posted to social-media platform WeChat (Weixin) that they had been approved to list spot bitcoin and ether ETFs in Hong Kong. However, these announcements seem to have front-run an official statement from the Securities and Futures Commission (SFC), which has not posted a list of approved issuers. Some of the posts have since been deleted.

The SFC did not return emails or phone calls asking for comment.

Singapore-based digital assets trading house QCP Capital said in a message shared with CoinDesk that it believes the ETFs, when approved, will unlock some institutional demand during Asia trading hours.

"Participants who wanted exposure have always been limited to US hours, but this now gives institutional investors an Asia-based alternative," QCP wrote. "We believe this will be bullish short term, but there are more important narratives and drivers such as macro events."

Os ETFs de Ether (ETH) estão em uma tendência de crescimento significativa, apresentando recordes de fluxos líquidos e grande interesse por parte de investidores institucionais e individuais. Esta apresentação destaca os principais fatores que impulsionam essa tendência, as projeções para 2025 e os riscos envolvidos, proporcionando insights valiosos para a comunidade cripto.

Cenário Atual
Desempenho dos Fluxos Líquidos:Sete semanas consecutivas de fluxos positivos até dezembro de 2024.Recorde de US$ 2,2 bilhões na semana de 26 de novembro.Comparativo com Bitcoin: ETFs de ETH mostram potencial para superar os de BTC em fluxos líquidos em 2025.Paralelo com Ouro: Fluxos de ETFs de ETH são comparáveis aos de ouro, consolidando o ativo como alternativa de reserva.
Fatores Impulsionadores
Desempenho de Preço: O forte desempenho do ETH atrai investidores em busca de retornos significativos.Staking: Potencial para gerar rendimentos dentro dos ETFs, caso aprovado pelos reguladores.Adoção Institucional: Crescente interesse de investidores institucionais está acelerando a adoção.
Projeções para 2025
Crescimento: ETFs de ETH podem superar os de BTC em fluxos devido à percepção de valor diversificado do ativo.Regulação: Decisões sobre staking serão cruciais.Demanda de Mercado: Uso crescente do ETH no ecossistema blockchain reforça sua relevância.
Riscos e Considerações
Concorrência: Outros ativos digitais podem surgir como competidores.Dependência Regulatória: Aprovação do staking é essencial para manter o diferencial.Volatilidade: Riscos associados ao mercado de criptomoedas podem afetar o desempenho.
Os ETFs de Ether têm um futuro promissor em 2025, sustentados por fluxos crescentes, adoção institucional e potencial de staking. Representam uma oportunidade significativa para investidores em busca de diversificação e participação no mercado de criptoativos.

#TopCoinsSeptember
#Binance
#ETH
#ETF

BlackRock, tập đoàn quản lý tài sản lớn nhất thế giới, đã làm dấy lên tranh cãi trong cộng đồng $BTC khi đăng tải một video giới thiệu về Bitcoin kèm theo chú thích:

“Không có gì đảm bảo tổng cung cố định 21 triệu BTC sẽ không bị thay đổi trong tương lai.”

Điểm Gây Tranh Cãi

• BlackRock khẳng định Bitcoin có tổng cung tối đa 21 triệu BTC, một tính năng cốt lõi giúp ngăn ngừa lạm phát.

• Tuy nhiên, dòng chú thích trong video đã làm dấy lên lo ngại về khả năng thay đổi tổng cung BTC, điều được xem là “tín điều bất biến” của cộng đồng Bitcoin.

Cộng đồng nhanh chóng chia làm hai luồng ý kiến:

• Chỉ trích: Nhiều người chế nhạo #BlackRock vì không hiểu rõ nguyên tắc cơ bản của Bitcoin.

• Thận trọng: Một số cho rằng đây là cách BlackRock cảnh báo nhà đầu tư về rủi ro tiềm tàng, dù khả năng này khó xảy ra.

Góc Nhìn Từ BlackRock và Cộng Đồng

Trong hồ sơ #ETF Bitcoin gửi lên SEC, BlackRock từng nêu rõ:

“Dù khả năng xảy ra thấp, một nâng cấp hard fork tăng tổng cung BTC có thể ảnh hưởng tiêu cực đến giá trị của Bitcoin.”

Nhân vật nổi tiếng trong cộng đồng Bitcoin, Adam Back, cho rằng việc thêm chú thích này là cần thiết vì BlackRock không kiểm soát Bitcoin mà tài sản này phụ thuộc vào cộng đồng.


Tương Lai Khi Bitcoin Đạt Mốc 21 Triệu BTC (Năm 2140)

Khi tổng cung Bitcoin đạt ngưỡng tối đa:

1. Phần thưởng cho thợ đào sẽ không còn, họ chỉ dựa vào phí giao dịch.

2. Đề xuất tái sử dụng Bitcoin thất lạc hoặc tăng tổng cung BTC để duy trì mạng lưới đã được thảo luận nhưng chưa nhận được nhiều ủng hộ.

Lịch Sử Bitcoin Và Rủi Ro Tiềm Tàng

• Năm 2010, lỗi “value overflow” từng khiến tổng cung Bitcoin tăng lên 184 tỷ BTC trước khi được Satoshi Nakamoto khắc phục.

• Những sự kiện này cho thấy Bitcoin không hoàn toàn miễn nhiễm trước các thay đổi do lỗi kỹ thuật hoặc ý kiến từ số đông.

Kết Luận

Video của BlackRock đã vô tình khơi dậy tranh luận về tính bất biến của tổng cung 21 triệu BTC. Dù khả năng thay đổi thấp, cuộc tranh cãi nhấn mạnh tầm quan trọng của sự đồng thuận cộng đồng và tính minh bạch trong việc duy trì giá trị cốt lõi của Bitcoin.

U.S. spot bitcoin ETFs posted record net outflows of $680 million on Thursday, breaking a 15-day streak of positive flows of $6.7 billion.

The U. S. Securities and Exchange Commission approved the applications of NASDAQ and Cboe BZX to list and trade shares of crypto-index ETFs Hashdex and Franklin Templeton, respectively.
U. S. Federal Reserve Chairman Jerome Powell on June 2, After hawkish comments about slowing the pace of interest rate cuts in 2025, the #cryptocurrency market continued to fall.
Meanwhile, the CEOs of Deribit and Bitget are discussing the coexistence of decentralized and centralized exchanges.
In addition, CoinDesk employees wrote a letter to the owner of Bullish, calling Justin Soon's retraction of the article
outrageous
, in anticipation of the dismissal of management.
Let's get started. The record for daily outflows to date stands at a whopping 563.7 million, set on May 1, when the coin dropped to around $BTC Fidelity's FBTC recorded an outflow of more than $208 million on Thursday, followed by Greyscale's #Bitcoin Mini Trust with more than $188 million. BlackRock's IBIT reported zero inflows, while WisdomTree's BTCW was the only #ETF to record inflows of $2 million.
Amid the biggest bitcoin sell-off since August, trading in 12 bitcoin-spot ETFs Volume jumped to $6.3 billion from $5.9 million the day before.
Meanwhile, the Ethereum U. S. ETF recorded net outflows of $60.5 million on Thursday, ending an 18-day positive period of $2.4 billion.
Initially, the fund will hold bitcoin and ether, but other #cryptocurrencies could be added if regulators approve. Hashdex suggested AVAX, LINK and LTC as potential options
The launch could happen in January. The possibility is there, said Eric Bartunas, an ETF analyst at Bloomberg. It's notable that Hashdex and Frankie will be the first to launch. That's a good thing, he said.

For now.
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#CompassInvestments

As of December 19, in a recent Ethereum Spot ETF update by SoSoValue, the total daily net inflow recorded was -$60.47 million, indicating an outflow on that day. However, the cumulative total net inflow stood at $2.40 billion as the total net assets under these ETFs reached $11.98 billion, representing 2.94% of Ethereum’s market capitalization.
The total value traded was $1.26 billion, highlighting active participation in ETH ETF markets. Among the ETFs listed, ETHE, sponsored by Grayscale, led with net assets worth $4.81 billion. 
It experienced a daily net outflow of $58.13 million and showed a cumulative net outflow of $3.62 billion. ETHE’s daily market price increased by 0.51% to $28.45, with $94.79 million in value traded and a daily volume of 3.36 million shares, as updated by SoSoValue.

ETHA, sponsored by BlackRock, reported no daily net inflows or outflows. It accumulated $3.45 billion in net assets and achieved a daily market price rise of 0.55% to $25.71. ETHA showed the highest daily trading value of $243.55 million and a daily volume of 9.54 million shares.
Grayscale’s ETH ETF (ETH) ranked third with $1.60 billion in net assets, reflecting a daily net outflow of $3.18 million. Its cumulative inflow amounted to $597.05 million, with a market price of $31.96, up 0.41% for the day.
Fidelity’s FETH ETF recorded $1.40 billion in net assets with a daily net inflow of $5.05 million. FETH achieved a daily price gain of 0.50% to $33.93, with a trading volume of 1.27 million shares.
Bitwise’s ETHW ETF reported a daily net outflow of $6.78 million, reducing its cumulative inflow to $393.97 million. ETHW traded at $24.35, up 0.61%, with 332,710 shares in daily volume.
The other ETFs, ETHV, EZET, QETH, and CETH, showed smaller asset sizes and inflows, maintaining modest daily price gains. ETHV led in daily net inflows among smaller ETFs, gaining $4.94 million.
⚠️Disclaimer
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.

#ETH #ETF

MicroStrategy shares fell more than 14% amid volatility over concerns about inclusion in the S&P 500: here's what happened

Shares of Michael Saylor's #MicroStrategy Inc. MSTR have fallen over the past five sessions amid concerns over barriers to inclusion in the S&P 500 and #bitcoin . The company's shares have fallen over the past five sessions amid heightened volatility due to a drop in the price of the BTC/USD coin
What Happened: MicroStrategy meets S&P 500 requirements for market capitalization and trading volume, but does not meet the criteria for revenue, according to Benchmark. Benchmark, according to a report on Investing. com.
To qualify for the S&P 500 list, a company must be profitable in the most recent quarter. In addition, according to the listing criteria, the company must also be profitable for the last four quarters.
the company also faces the challenge of not being able to include its bitcoin assets in its financial statements. According to Benchmark analyst Mark Palmer, MicroStrategy is poised to adopt the Financial Accounting Standards Board's new guidance on bitcoin accounting in Q1 2025.
This change is expected to immediately boost the company's revenue and potentially bring it into compliance with the S&P 500's inclusion criteria.
This criteria will allow MicroStrategy to significantly expand its investor base. This includes institutional investors and index funds tied to the S&P 500 index, which could increase demand for the company's stock.
Why it matters: According to Benzinga #Pro , MicroStrategy's stock price has fallen 14.44% over the past five sessions. On Friday, it fell and closed at $364.20.As a backdrop, bitcoin has fallen 9.95% over the past five days to $93,912.90. The iShares Bitcoin Trust #ETF IBIT has fallen 4.32% over the same period. LINE_. BREAK MicroStrategy now controls about 2.1% of the total bitcoin supply.

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#GlobalCrypto

Blockstream CEO Adam Buck is convinced that MicroStrategy (MSTR) is still

Blockstream CEO Adam Buck is convinced that #MicroStrategy (MSTR) is still
"ridiculously cheap, even though its stock price is up 488% since the beginning of the year.
Mr. Buck, #SHIB has soared 630%, what's going on.
Shiba Inu shares soared 12%: is there any more movement.
He also believes that buying MSTR stocks is a low-risk opportunity compared to more complex He also believes that buying MSTR stocks is a low-risk opportunity compared to more complex financial instruments. For example, 2x ETFs claiming to offer twice the daily performance of #bitcoin typically perform poorly. For example, during periods of sideways trading (when there is no clear direction in the market), such #ETF products tend to lose value over time. For example, if the price of bitcoin rises 1% one day, and then declines the next day, the ETF will still fall into negative territory.
Back also said that because bitcoin options lose value if they fail, the idea of buying bitcoin options has been discarded. The buyer of the option loses the premium paid for the call if the bitcoin price falls below the strike price before the maturity date. Therefore, timing is very important in this case.
Unlike bitcoin ETF funds, MicroStrategy offers leverage on bitcoin. However, MSTRs do not suffer from the so-called
decay due to the compounding effect. Therefore, according to Beck, it is a balanced choice for leverage on bitcoin.
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#InvestSmart