BTC ETF traded for 8 days. Except for GBTC, the remaining 10 BTC ETFs are experiencing capital inflows. Most of the funds flowing out of GBTC have flowed into lower-fee BTC ETFs. But for the market, although the long-term bullish trend has not been destroyed, Sell the news has brought about a clear correction. Crypto markets entered a callback period. The next...
As predicted in our last recap, all 11 BTC ETFs were approved. A new era has arrived for crypto. This means that more American entities will be able to purchase BTC through asset management companies. We learned from Bloomberg that the the trading volumes of the 11 BTC ETFs in the first two trading days were $4.6 billion and $3.1 billion respectively. Although for...
As predicted in our last recap, all 11 BTC ETFs were approved. A new era has arrived for crypto. This means that more American entities will be able to purchase BTC through asset management companies. We learned from Bloomberg that the the trading volumes of the 11 BTC ETFs in the first two trading days were $4.6 billion and $3.1 billion respectively. Although for...
Let’s get the long-awaited BTC ETF approved. This marks a new era for cryptocurrency. More funds from U.S. entities will flow into the crypto market. Although all 11 BTC ETFs have been approved, the SEC’s attitude does not appear to have changed. The reason we think so is that the SEC deliberately waited for the U.S. stock market to close before approving the BTC...
On January 8, most BTC ETF applicants submitted updated documents on time. According to the latest news, some applicants such as BlackRock and Invesco have submitted BTC ETF securities registration applications to the SEC and have deposited seed funds. At the same time, BTC pumped to $47,000 and recovered the losses of last week. We believe that the approval of...
On January 8, most BTC ETF applicants submitted updated documents on time. According to the latest news, some applicants such as BlackRock and Invesco have submitted BTC ETF securities registration applications to the SEC and have deposited seed funds. At the same time, BTC pumped to $47,000 and recovered the losses of last week. We believe that the approval of...
The window for BTC ETF will arrive this week. Judging from the current review progress, we believe that the BTC ETF has a high probability of approval. With the influx of funds, the crypto market is likely to continue its bullish trend. The BTC ecosystem will also gain market attention again. So today we chose STX, Layer 2 of the BTC ecosystem. Compared with ORDI,...
Hi Sypoolian, happy new year. As the window period of BTC ETF approaches, the fluctuations of market gradually amplify. The current options open interest in BTC is at an all-time high, approaching $20 billion. On Deribit, among the options with expiration dates on January 5 and January 12, the number of call options is clearly leading. At strike price, the...
Hi Sypoolian, happy new year. As the window period of BTC ETF approaches, the fluctuations of market gradually amplify. The current options open interest in BTC is at an all-time high, approaching $20 billion. On Deribit, among the options with expiration dates on January 5 and January 12, the number of call options is clearly leading. At strike price, the...
In yesterday's analysis, we talked about the development advantages of Layer 2 and Optimism. Today we look at the current situation of Arbitrum, another Layer 2 leader, and ARB token. When it comes to ARB, you can always think of the airdrop when Arbitrum logged into the mainnet in March this year. Many airdrop hunters have accumulated huge wealth through ARB....
The Dencun upgrade will be officially launched next spring. It will further expand the capacity of ETH and L2 by implementing the improvement recommendations called EIP-4844. After adoption, Ethereum Layer 2’s gas costs will be greatly reduced and scalability improved. In this bull market, SOL has regained its reputation as the killer of Ethereum with its...
We wish you a Merry Christmas, And a Happy New Year. In the past week, we have seen asset management companies applying for BTC ETF assets frequently discuss with the SEC. Among them, BlackRock, Hashdex, etc. once again submitted updated revised documents. Judging from the remarks of Reuters officials, the SEC seems to want to set the last few days of 2023 as the...
We wish you a Merry Christmas, And a Happy New Year. In the past week, we have seen asset management companies applying for BTC ETF assets frequently discuss with the SEC. Among them, BlackRock, Hashdex, etc. once again submitted updated revised documents. Judging from the remarks of Reuters officials, the SEC seems to want to set the last few days of 2023 as the...
On Tuesday last week, the U.S. Department of Labor released the CPI for November, and the CPI dropped further. At Wednesday's FOMC press conference, Powell said that although the possibility of raising interest rates will be retained in the FOMC report, for him, the interest rate hikes are basically over, and various factors will be considered in subsequent...
On Tuesday last week, the U.S. Department of Labor released the CPI for November, and the CPI dropped further. At Wednesday's FOMC press conference, Powell said that although the possibility of raising interest rates will be retained in the FOMC report, for him, the interest rate hikes are basically over, and various factors will be considered in subsequent...
Over the weekend, many BTC ETF applicants submitted revised prospectuses to the SEC. Among them, well-known asset management companies such as BlackRock and Fidelity discussed the redemption assets of BTC ETF with the SEC, and finally determined that they would be redeemed in a manner similar to cash. Everything is going on in an orderly manner. The crypto saw a...
Over the weekend, many BTC ETF applicants submitted revised prospectuses to the SEC. Among them, well-known asset management companies such as BlackRock and Fidelity discussed the redemption assets of BTC ETF with the SEC, and finally determined that they would be redeemed in a manner similar to cash. Everything is going on in an orderly manner. The crypto saw a...
In November, the Inscription and BRC-20 themes became popular in the market. After that, many chains followed Ordi and launched inscriptions on their chains. For example, AVAL, NEAT, POLS, etc. This action brought attention, caused the gas fee on the chain to rise rapidly, and the token price also rose. Benefiting from this, AVAX's performance in December was...