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Showing posts with the label etfs

XRP open interest nears 1-month high

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Summary ⚈ XRP open interest rose 28% since April 15, nearing a 1-month high at 1.51 billion. ⚈ XRP price surged 10.52% to $2.31, bringing 2025 year-to-date gains to 11.32%. ⚈ New XRP ETFs and upcoming CME options launch contribute to growing speculative sentiment. XRP open interest is nearing a 1-month high, per data retrieved by Finbold from cryptocurrency on-chain and market data analytics platform CryptoQuant . To be more precise, as of April 27, some 1.51 billion derivatives positions were open, marking a roughly 28% increase from a 1-year low of 1.18 billion positions on April 15. XRP open interest 1-month chart. Source: CryptoQuant Coupled with recent increases in XRP’s price, the rise in open interest suggests a widespread bullish sentiment.  At press time, the cryptocurrency was changing hands at a price of $2.31, having marked a 10.52% surge from the $2.09 price point seen on April 15 which has brought year-to-date (YTD) gains up to 11.32%. ...

Gold or Bitcoin? The precious metal puts BTC ‘to shame’ with divergence

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Gold has surged to fresh record highs, leaving Bitcoin (BTC) trailing behind, with a growing divergence in performance between the two assets. At press time, gold is trading above $3,036 per ounce, marking a strong 15% increase year-to-date (YTD). In contrast, Bitcoin has dropped 11% since the start of the year, trading at $83,517, highlighting a sharp discrepancy in returns. Bitcoin and Gold year-to-date chart. Source: TradingView The widening gap has prompted several strategists to suggest that the tide is turning decisively in favor of gold, as mounting macroeconomic uncertainties and escalating geopolitical tensions drive investors back toward the traditional safe-haven asset. Picks for you The Mythos Foundation brings MYTH staking on Mythos Chain 2 hours ago ...

SEC Delays Four Ripple XRP ETFs

The Securities and Exchange Commission (SEC) is delaying a decision on Grayscale, 21Shares, Bitwise and Canary’s Ripple XRP ETF applications. “The Commission finds it appropriate to designate a longer period within which to take action on the proposed rule change so that it has sufficient time to consider the proposed rule change and the issues raised therein,” the regulator said on Tuesday. The decision is a step back for the crypto community, which was looking for the monumental approval of the first XRP ETFs. These four applications are the only ones that have been delayed thus far, but more may come in the coming hours. Additionally, the regulator has already made several decisions in support of crypto, including dropping investigations into several top exchanges. However, the SEC needs more time to consider the launch of a new XRP ETF. Grayscale, the leading crypto asset manager, originally filed to convert its XRP trust into an ETF in late January. The proposal w...

BlackRock Buys $50 Million in Bitcoin Amid Dip in the Past Week

$10 trillion asset manager BlackRock has bought nearly $50 million in Bitcoin as other asset managers are selling in the past week. Arkham Intelligence data highlights the recent buying and selling activity among major financial institutions managing spot Bitcoin ETFs. The platform’s recent data reveals that BlackRock acquired around 515 BTC, worth just over $49M at press time. Grayscale Investments and Invesco recently offloaded part of their Bitcoin stash for unknown reasons. Bitcoin has been up and down in 2025 thus far but is overall up by over 6% in the past month. BlackRock, which is the world’s largest asset manager by total asset value, still appears highly confident in the cryptocurrency despite mixed market sentiment. BlackRock currently holds approximately $60 billion in Bitcoin. On the broader Bitcoin ETF market, there have been two consecutive days of net outflows. Data from Farside Investors show that out of the 11 asset managers, only BlackRock recorded posit...

Morgan Stanley's E-Trade Considers Offering Crypto Trading

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Amid the ongoing growth of the digital asset sector, Morgan Stanley’s E-Trade is reportedly exploring the offering of crypto trading services. Indeed, the firm’s online stock trading company is considering the idea, according to a report from The Information. The decision to explore the services is connected to the incoming arrival of US President-elect Donald Trump. His return to the White House should bring with it favorable regulation for the cryptocurrency sector. Moreover, Morgan Stanley is among the many institutions that could be looking to benefit from that. JUST IN: $1.3T asset manager Morgan Stanley's E-Trade reportedly explores offering crypto trading. — Watcher.Guru (@WatcherGuru) January 2, 2025 Also Read: Morgan Stanley Advisors to Now Offer Spot Bitcoin ETFs to Clients Morgan Stanley’s E-Trade Exploring Cryptocurrency Trading Services 2024 proved to be a monumental year for the cryptocurrency industry. The arrival of a crypto-based ETF in January kicked ...

New Cryptocurrency Releases, Listings, & Presales Today – Zon Token, Conwai, Smart Energy Pay

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Bitcoin-related ETFs have attracted substantial investor interest, drawing $6.2 billion in November’s early weeks. These inflows represent a significant market enthusiasm, nearly matching the previous peak from February. Investor sentiment appears bullish, driven by potential regulatory changes and market optimism. The cryptocurrency’s value approached the $100,000 milestone, bolstered by Trump’s pro-crypto policy promises and proposed regulatory adjustments. Bitcoin’s performance has been remarkable, more than doubling in value this year compared to traditional investments. Market analysts anticipate continued investment momentum, especially with potential policy shifts supporting broader cryptocurrency adoption. New Cryptocurrency Releases, Listings, & Presales Today Zon Token offers unmatched multichain compatibility, this token bridges ecosystems for seamless, deflationary, and utility-rich transactions. Smart Energy Pay blends blockchain with clean en...

ETFSwap (ETFS) Price Prediction: Moving From $0.05769 To $11 By 2025 Only A Click Away

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In a recent price projection report by top crypto analysts, the highly-rated Ethereum token, ETFS, has been predicted to surge by 19,000% by early 2025. This prediction hasn’t come as a surprise to many, as ETFSwap (ETFS) has been a forefront investment choice since it emerged a few weeks ago. Read on to discover how to partake of the forthcoming gains. ETFSwap (ETFS) To Surge By 19,000% In Q1 2025 ETFSwap (ETFS) has been a top performer in the crypto market over the last few weeks. The Ethereum-based trading platform has become a highly sought-after investment by both crypto whales and investors. In only a matter of weeks, its native token, ETFS, has sold over 60 million tokens and is still garnering momentum. On top of that, a recent price report has surfaced, suggesting that ETFSwap (ETFS) will rapidly surge by 19,000% in 2025. This means that ETFS, currently priced at an inexpensive $0.05769 in its bonus round after its successful presale ended, will exponentially sk...

New Cryptocurrency Releases, Listings, & Presales Today – Crypto All-Stars, Sharp AI, Penumbra

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Bitcoi͏n ETFs͏ s͏aw inflows o͏f $͏55͏5.86 m͏il͏li͏on on M͏on͏d͏ay, signaling ren͏ewed marke͏t opt͏imi͏sm. This͏ ͏marks the highest ETF inf͏lows since ͏June’s͏ $886.75 million surge. The r͏is͏e ͏in͏ BTC͏’s price dr͏ives stronger investment decisions an͏d m͏a͏r͏ket con͏fidence. B͏TC ͏is up 2.2%͏ in the la͏st 24 ho͏u͏rs͏, reflecting͏ broa͏der m͏arke͏t͏ g͏ains͏.͏ A “three-line bre͏ak cha͏rt͏” s͏uggests Bitcoin c͏ould soon surp͏ass $͏73,͏000, boo͏s͏t͏ing investor͏ s͏entiment. As Bitcoin r͏allie͏s, ͏new cryptocurrency͏ releases ͏are gai͏n͏ing a͏tten͏tion ͏f͏ro͏m eage͏r investors seek͏ing grow͏th ....