Inflows into crypto exchange-traded funds are a key driver of price performance, the asset manager said.
Bitcoin ETF news
Bitcoin’s repeated failure to cross above $100,000 increases the risk of a drop under $90,000.
Around 80% of demand for the spot Bitcoin ETFs came from retail, but industry analysts expect institutions to pick up the pace in 2025.
A Hong Kong legislator has proposed leveraging the “one country, two systems” framework to add Bitcoin to its national reserve for financial stability.
Strong price performance and staking could propel Ether ETF inflows in 2025, analysts say.
According to Cyvers, the 40% yearly increase was driven mostly by growing access control vulnerabilities at centralized exchanges and cryptocurrency custodians.
Bitcoin’s recovery shows solid buying at lower levels, increasing the possibility of a break above $100,000 in the short term.
US spot Bitcoin ETFs notched a positive net inflow after four trading days that bled over $1.5 billion.
The fund aims to offer exposure to MicroStrategy’s convertible bonds, among others.
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