
May 9th, 2025
Explore the latest Bitcoin ETF news. Stay informed on market trends, the most recent updates and regulatory changes in the evolving world of cryptocurrency and finance.
Bitcoin has surged past $100,000 for the first time in months, reigniting bullish sentiment as all UTXO age bands are now in profit.
Bitcoin price surged by 4.5%, breaking above $102,000, leading to nearly $900 million in total liquidations over the past 24 hours.
Bitfinex highlights $95,000 as a critical support level, pivotal for determining Bitcoin’s next directional move.
Bitcoin’s price consolidation after surpassing $96,000 is a sign of a cooldown after an overheated market, and might even face a correction to $92,000.
Bollinger Bands signal incoming volatility for the ETH-BTC pair as Ethereum’s Pectra upgrade approaches.
VanEck’s S-1 filing for its BNB ETF has sparked renewed interest in Binance Coin, which is aiming for a technical breakout point.
SEC-approved investment firm Two Prime has officially cut ties with Ethereum, calling its behavior “memecoin-like” and shifting its focus entirely to Bitcoin.
US Bitcoin ETFs saw $381M in inflows, outperforming equities as BTC remained stable above $80K during the Easter holiday.
Investors pulled $222 million from US Bitcoin and Ethereum ETFs in the first two days of the week, with Fidelity’s FBTC leading Bitcoin ETF outflows.
Spot Bitcoin ETFs recorded their second-largest monthly outflow in March as the crypto community showed mixed reactions toward the market movements.
The US-based spot Bitcoin exchange-traded funds saw another phase of outflows as the demand for the leading crypto asset declined.
Bitcoin and crypto ETFs are in bearish mode with market data showing over $3 billion outflow in 8 days.
According to an industry expert Peter Chung, these outflows may have been caused by the unwinding of basis trades by institutional investors.
Analysts have highlighted a Bitcoin top-formation pattern similar to 2021, suggesting the possibility of an additional 10-20% correction from current levels.
The disappointments from several US states rejecting strategic Bitcoin reserves sent shockwaves to the entire crypto market, with the US spot BTC ETFs bleeding profusely.
Exchange-traded fund (ETF) tracks the performance of underlying assets with each share traded by the fund being backed by the value of these assets.
A Bitcoin ETF is a financial product that allows investors to engage with the Bitcoin market without the need to directly own or store the cryptocurrency. This means that one can invest in Bitcoin-related assets or futures contracts, with shares being traded on conventional stock exchanges, instead of trading the crypto directly.
There are several types of Bitcoin ETFs, including spot Bitcoin ETFs that hold actual Bitcoin and directly mirror its price movements providing straightforward exposure to the cryptocurrency; Bitcoin futures ETFs that invest in Bitcoin futures contracts rather than the cryptocurrency itself; and hybrid Bitcoin ETFs that combine investments in both spot Bitcoin and futures contracts.
On January 10, 2024, the SEC approved 11 spot Bitcoin ETFs. A spot Bitcoin ETF tracks the real-time price of Bitcoin, while a Bitcoin futures ETF provides exposure to the price changes of Bitcoin futures contracts through publicly traded securities.
Determining the “best” crypto ETF can depend on your investment goals, the level of risk that you’re ready to accept, and individual preferences. However, here’re some ETFs that you might consider based on performance, assets under management, and overall reputation. They include: ProShares Bitcoin Strategy ETF (BITO), Grayscale Bitcoin Trust (GBTC), Purpose Bitcoin ETF (BTCC), Bitwise 10 Crypto Index Fund (BITW), Valkyrie Bitcoin Strategy ETF (BTF).
For the majority of investors, purchasing shares in an ETF is significantly easier than managing cryptocurrency directly. When investing in crypto directly, you must set up a digital wallet, choose a reliable exchange, link it to your bank account, and navigate the platform to buy and sell digital assets. When it touches upon Bitcoin ETF, you can skip the majority of this.
Fidelity’s ETF, the Fidelity Advantage Bitcoin ETF (FBTC), primarily invests in Bitcoin held in custody by Fidelity’s digital assets arm. Like other Bitcoin ETFs, its purpose is to provide a secure and simplified way for investors to interact with the crypto market without dealing with the complexities of buying and storing Bitcoin directly.
The Bitx Bitcoin ETF invests in cash-backed Bitcoin futures contracts traded on the Chicago Mercantile Exchange, which is regulated by the Commodity Futures Trading Commission. As a non-diversified fund, it concentrates on a limited range of assets, potentially leading to higher risk compared to diversified investments. Additionally, futures contracts come with risks such as contango or backwardation, which can impact the ETF’s performance relative to Bitcoin’s price. However, the fund benefits from regulatory oversight and transparency provided by the Commodity Futures Trading Commission.