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1 Jul 2024

After liquidity tailwinds in Q4 2023, the etfs launches and bitcoin halving in Q1 / early Q2, liquidity headwinds played catch-up in late Q2, pushing BTC lower

Source: Delphi Digital, Bloomberg

25 Jun 2024

Bitcoin is back to the lower end of this range

$BTC plunges >5% as funds see most outflows over 2 weeks since ETF approval. Bitcoin investment products saw ~$600mln in outflows for a 2nd consecutive week. Source: J-C Parets, HolgerZ

7 Jun 2024

The great supply / demand imbalance ->

ETFs now hold more than 1 millon bitcoin and there is less than 20 million left...

29 May 2024

$NVDL (2x Nvidia ETF) went from 0 to 1,452% return in 350 days since launching..

The ETF now has $2.7b in assets and $1b/day volume. Source: Eric Balchunas, Bloomberg

28 May 2024

New weight-loss drug ETF

“Roundhill Investments' GLP-1 & Weight Loss ETF (OZEM), which began trading last week, pairs leaders Eli Lilly and Novo Nordisk with players developing new treatments for weight loss and diabetes. CEO Dave Mazza said his firm is capitalizing on explosive growth potential in the industry…Eli Lilly and Novo Nordisk each hold a roughly 20% weighting in the ETF. The three next largest positions are Zealand Pharma, Amgen and Chugai Pharmaceutical, each of which have a weighting under 5%”. Source: CNBC, Bloomberg

24 May 2024

Good chart from Deutsche Bank / Bianco Research on the ownership of ETFs

Source: Deutshe Bank / Bianco Research

24 May 2024

SEC approves 8 Ethereum ETFs including BlackRock and Fidelity.

But ETF issuers must have their S-1 registration statements go effective before trading can begin. It's unclear how long this process will take but some analysts are speculating that it could take weeks. In a stunning reversal, the U.S. Securities and Exchange Commission (SEC) announced on Thursday that it has approved eight applications for spot Ethereum ETFs, effectively green-lighting Ethereum trading on Wall Street. The following funds were approved in the filing: the converted Grayscale Ethereum Trust, the Bitwise Ethereum ETF, iShares Ethereum Trust, VanEck Ethereum Trust, ARK/21 Shares Ethereum ETF, Invesco Galaxy Ethereum ETF, Fidelity Ethereum Fund, and Franklin Ethereum ETF. When will the spot Ethereum ETFs begin trading? It won't be tomorrow. Bloomberg ETF expert James Seyffart suggested in a tweet that it could be a "couple weeks" before the fund managers' S-1 documents are approved to enable trading. Source: Decrypt

21 May 2024

Rumors about Ethereum Spot ETF being approved some time this week and traders have aggressively open long positions in futures markets.

ETH price is up 11% today while open interest increases by almost $1B in an hour.

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