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Dogecoin Price Reacts as New DOGE ETF from 21Shares to Go Live This Week
Yahoo Finance· 2026-01-12 10:19
Group 1 - Dogecoin price increased slightly following the approval of a new spot DOGE exchange-traded fund (ETF) by 21Shares, which is expected to begin trading this week [1][2] - The ETF, under the ticker TDOG, is the third spot Dogecoin ETF in the United States, following launches from Grayscale and Bitwise in November 2025 [2] - The ETF is designed to track the spot value of DOGE using the CF Dogecoin Dollar US Settlement Price Index, with a management fee of 0.50% charged daily and paid weekly in DOGE [3] Group 2 - The service partners for the ETF include Bank of New York Mellon as administrator and cash custodian, with digital asset custody managed by Coinbase Custody Trust, Anchorage Digital Bank, and BitGo, providing regulated exposure for investors [4] - Following the ETF announcement, Dogecoin traded near $0.140, with a 24-hour price increase of 2.2% and trading volume rising by 152.09% to $1.22 billion [5] - Market data showed mixed signals, with futures open interest slightly increasing on Binance and OKX, while positions decreased on Bybit and Gate, indicating varied trader sentiment [6]
ETF Investors Pull Back From Bitcoin and Ether as Altcoin Funds Buck Trend
Yahoo Finance· 2026-01-11 09:26
Core Insights - US spot Bitcoin and Ether ETFs experienced significant outflows, totaling nearly $750 million during the first full trading week of 2026, primarily driven by Bitcoin funds [1][3][8] Group 1: Bitcoin and Ether ETF Performance - Spot Bitcoin ETFs recorded net outflows of $749.6 million from January 6 to January 9, with Bitcoin funds losing $681 million after four consecutive days of redemptions [3][4] - Despite a strong inflow of nearly $700 million on January 5, the overall trend was negative, culminating in a single-day outflow of $486.1 million on January 7, the largest drawdown of the week [3][4] - Spot Ether ETFs also faced outflows, ending the week with $68.6 million in net outflows, following earlier inflows that were reversed by heavy selling [6] Group 2: Market Dynamics and Trends - The 12 approved spot Bitcoin ETFs currently hold approximately $116.9 billion in net assets, representing about 6.5% of Bitcoin's total market capitalization, with cumulative net inflows exceeding $56 billion since their launch in January 2024 [5] - In contrast, XRP ETFs saw a positive trend, recording $38.1 million in net inflows and achieving their highest weekly trading volume of $219 million, indicating growing institutional interest [7][8] - Newer funds linked to altcoins like XRP and Solana attracted fresh capital, suggesting a shift in investor sentiment away from Bitcoin and Ether towards alternative cryptocurrencies [2][8]
Analyst makes bold prediction for equities
Yahoo Finance· 2026-01-09 21:32
Bitwise CIO Matt Hougan once again reiterated his 2026 outlook. Observing how crypto equities are gaining trust from Wall Street, Hougan believes they are on a path to outperform other equities soon. He primarily gave the example of Coinbase (NASDAQ: COIN). Related: 3 Ways to Gain Exposure to Crypto Through Equities How is Coinbase doing? After a year marked by underperformance, Coinbase has returned to investors’ radar. Founded in 2012 by Brian Armstrong and Fred Ehrsam, Coinbase operates the larges ...
BITQ: Still Not An ETF I'm Buying
Seeking Alpha· 2026-01-09 13:00
Core Insights - The article discusses the Bitwise Crypto Industry Innovators ETF (BITQ) and its performance since the last coverage nearly two years ago, indicating a 'hold' recommendation at that time [1] Group 1 - The analyst has a long position in Bitcoin (BTC-USD) and Ethereum (ETH-USD) through various financial instruments [2] - The article reflects the author's personal opinions and does not constitute investment advice [2] - The author has no business relationship with any company mentioned in the article [2]
Bitcoin Will Hit All-Time High in 2026 if It Clears These Three Hurdles — Bitwise CIO
Yahoo Finance· 2026-01-09 10:22
Core Insights - Bitcoin's price could potentially reach a new all-time high in 2026 if it overcomes three significant hurdles, as stated by Bitwise CIO Matt Hougan [1] Group 1: Market Risks - The first hurdle is to avoid large-scale market liquidations similar to the event on October 10, 2025, where approximately $19 billion in crypto futures positions were liquidated in one day [2] - Concerns over potential forced sales from major players have diminished, contributing to a positive market sentiment as investors have moved past the October 10 incident [3] Group 2: Regulatory Clarity - The second hurdle involves achieving regulatory clarity in the U.S., particularly through the passage of the CLARITY Act, which is currently progressing through Congress with a markup process expected by January 15 [4] - There are ongoing challenges related to differing regulatory visions for DeFi, stablecoin rewards, and political conflicts of interest that could impact the regulatory landscape [5] Group 3: Market Stability - Stable equity markets are essential for sustaining a rally in Bitcoin's price, as favorable macroeconomic and regulatory conditions could extend early momentum [1]
XRP’s $15 Billion Payment Layer vs $1.3B ETFs: Which Story Actually Matters for Price?
Yahoo Finance· 2026-01-08 18:28
Core Insights - XRP is influenced by two contrasting narratives: the speculative demand from ETFs and the utility-driven demand from Ripple's On-Demand Liquidity (ODL) payment layer [2][5] - The distinction between these two drivers is crucial for understanding XRP's price dynamics and positioning for future investments [2] Group 1: XRP ETFs - XRP ETFs have accumulated $1.3 billion in assets under management (AUM) within 50 days, with $483 million in inflows recorded in December alone [6] - These ETFs, offered by firms like Grayscale and Bitwise, have collectively locked up over 746 million XRP, creating a supply squeeze as tokens are removed from circulation [6] - The demand generated by ETFs is purely speculative, as they do not utilize XRP for payments or settlements but merely track its price [7] Group 2: ODL Payment Layer - Ripple's ODL payment layer has processed over $15 billion in cross-border payments in 2024, marking a 32% year-over-year increase, with the Asia-Pacific region accounting for approximately 56% of this volume [8] - RippleNet has over 300 financial institutions across more than 55 countries, with around 40% actively using XRP for ODL, indicating a significant level of utility [8] - The RLUSD stablecoin has reached a market cap of $1.26 billion and is driving activity on the XRP Ledger, which burns XRP through transaction fees, potentially linking XRP's utility to its price [4]
$50K or $250K? Top Crypto Firms Reveal Their 2026 Bitcoin Forecasts
Cointelegraph· 2026-01-08 17:00
I know you're bullish long term. Are you bullish in 2026. Bitcoin. Bitcoin price prediction.>> How do I make it in crypto in 2026. >> Hold the right assets and do nothing. >> We're going to go back through 100 in the next 6 weeks or 6 months because we're going to get a doubbish Fed share.They're going to cut rates down to 2 and 12%. >> Crypto is entering a new chapter in 2026 and it looks very different from anything we've seen before. 2025 marked the peak of the last four-year crypto cycle and more and mo ...
XRP ETFs see $40M of outflows after eight-week run of inflows
Yahoo Finance· 2026-01-08 16:42
Core Insights - U.S. spot XRP exchange-traded funds (ETFs) experienced their first net outflow day since mid-November, with outflows totaling $40.8 million on January 7, marking a significant shift from a two-month inflow streak that had accumulated $1.2 billion in total inflows and brought total net assets to approximately $1.53 billion, representing about 1.16% of XRP's market cap [1] Group 1 - The outflow was primarily driven by 21Shares' TOXR, which saw a redemption of $47.25 million, while other issuers like Canary, Bitwise, and Grayscale reported small inflows or flat flows [2] - The total value traded across the XRP ETF complex was $33.74 million, indicating activity without panic, contrasting with previous outflow days seen in bitcoin and ether spot ETFs shortly after their listings [3] - The first outflow does not necessarily indicate a trend reversal, as single-fund redemptions may reflect portfolio rebalancing or market maker inventory management rather than a broad shift in investor sentiment [4] Group 2 - XRP's performance has been notably strong entering the new year, and the market is closely monitoring ETF flows to gauge whether demand is still absorbing supply or beginning to decline [4]
Crypto Liquidations Top $477M as Bitcoin Slips Below $90K
Yahoo Finance· 2026-01-08 13:19
Market Overview - Bitcoin has experienced a significant downtrend, currently trading at $89,881, down 2.4% over the last 24 hours, undoing most of its early-year gains [1] - The total cryptocurrency market capitalization has decreased by 2.6%, falling from a peak of $3.305 trillion [1] Liquidation and Investor Sentiment - Total liquidations in the past 24 hours have surpassed $477 million, with over 90% of these being long positions [2] - Ethereum and XRP have also seen declines of 3.9% and 7.6%, respectively, while meme coins like Pepe and Bonk have dropped by 6.6% and 8% [2] Analyst Insights - Analysts indicate that Bitcoin's drop below $90,000 reflects a loss of momentum from earlier in the year, despite initial positive factors [3][4] - Broader risk-off sentiment in global markets is contributing to muted risk appetite among investors, particularly as they await key macroeconomic data [5] Market Conditions - Investor sentiment remains low, with only a 24.5% chance assigned for Bitcoin to reach a new all-time high before July [6] - Recent outflows from U.S. Bitcoin ETFs amounting to $243 million have further reinforced the pullback in prices [6][7] Liquidity Issues - The crypto market is facing thin liquidity, which is causing volatile price movements, and this condition is noted to be thinner than in previous bull phases [7][8]
Bank of America Joins JPMorgan, Citi, Morgan Stanley By Recommending Bitcoin Portfolio Allocation
Yahoo Finance· 2026-01-07 23:01
Core Viewpoint - Bank of America will allow over 15,000 Merrill and Private Bank advisers to recommend four spot Bitcoin ETFs starting January 5, marking a significant shift in its approach to Bitcoin access for wealth clients [1] Group 1: Institutional Bitcoin Access - Bank of America joins the ranks of JPMorgan Chase, Citigroup, and Morgan Stanley in providing institutional Bitcoin access, completing the transition of the Big Four U.S. banks [2] - JPMorgan has expanded its blockchain-linked products, while Citigroup is developing a crypto custody service set to launch by 2026 [3][4] Group 2: Policy Shift and Recommendations - The new policy reverses Bank of America's previous stance from March 2021, which deemed Bitcoin ownership unnecessary unless prices were rising [5] - The Chief Investment Officer (CIO) now recommends a 1% to 4% allocation to digital assets for suitable clients, with guidance and adviser training provided [6] Group 3: Bitcoin ETFs Coverage - Bank of America's CIO has approved four U.S.-listed spot Bitcoin ETFs for coverage starting January 5, which are among the largest and most liquid products in the market [7][8] - The four ETFs include Bitwise Bitcoin ETF, Fidelity Wise Origin Bitcoin Fund, Grayscale Bitcoin Mini Trust, and BlackRock iShares Bitcoin Trust [10]