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Bitwise CIO Matt Hougan said U.S. spot Ethereum ETFs could attract $15 billion worth of net inflows in their first 18 months.Hougan arrived at the figure by assessing relative market capitalization, international ETP data and the role of the carry trade.
Spot Bitcoin ETFs are at risk of more outflows if prices stay below $60.5k, according to Bianco Research’s founder.
Share link:In this post: Mt Gox is expected to repay nearly $9 billion to creditors in July. Analysts say that the scheduled repayment won’t pose a threat to Bitcoin price. According to Thorn, Bitcoinica BK, claim funds, and individual creditors will receive 10,000 BTC, 20,000 BTC, and 65,000 BTC, respectively.Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend indepen
- 20:19Ark Invest purchased $13.4 million worth of Coinbase stocks during the sharp drop in U.S. stocks on FridayDuring the sharp drop in U.S. stocks on Friday, Cathie Wood's Ark Invest added a total of 83,157 shares of Coinbase to its three ETFs, equivalent to about $13.4 million. This increase came as Coinbase's stock price fell by about 5% over the past week, and its market value fell below $30 billion for the first time since September 2024. This is another low-buying move by Ark Invest after March, having previously increased holdings by more than $16 million in a single month.
- 20:18The Georgia State House of Representatives resolution requires the Department of Education to implement "Blockchain, Cryptocurrency and Web3" educationAccording to Bitcoin Laws, the House of Representatives in Georgia, USA has passed a resolution requesting the Department of Education to implement "blockchain, cryptocurrency and Web3" education in K-12. This bill initiated by the Democratic Party states: "Bitcoin is increasingly being accepted and widely used as an alternative to traditional currency."
- 20:17Deribit: A user sold 1800 USD ETH put and call options for the end of May, totaling 750 ETHThe head of Deribit Asia Pacific business, LinChen, posted on platform X that the largest ETH bulk options trade today was made by a user who bought both put and call options for $1800 at the end of May, totaling 750 ETH and generating a total income of $275,400.