🚨 JUST IN: Bitwise files S-1 with SEC for spot Avalanche ETF. https://t.co/DnSoQcAGfm ...

Bitwise has filed an S-1 registration statement with the U.S. SEC for the Bitwise Avalanche ETF, a proposed spot-based trust product intended for exchange listing. The ticker symbol has not yet been determined. https://t.co/bzhb1e4EvF ...

Core Viewpoint - The adjustment of the Sci-Tech Innovation 50 Index sample stocks and their weight distribution has attracted significant market attention, particularly in the context of the rapid growth of index funds, which will increasingly influence market dynamics [1][6]. Group 1: Market Impact of Index Adjustments - The adjustment of the Sci-Tech 50 Index sample stocks has led to significant stock price volatility, particularly for companies like Cambrian, which saw a drop of over 14% on September 4 due to anticipated fund outflows [1][2]. - As of September 2, Cambrian's weight in the index was 15.42%, while the top five stocks accounted for 46.23% of the total weight, indicating a potential outflow of approximately 10 billion yuan from Cambrian [1][2]. - Following the index adjustment announcement, Cambrian's weight slightly decreased to 15.38% by September 12, with the total ETF scale tracking the index at 173.917 billion yuan, suggesting continued fund outflows [3][4]. Group 2: Growth of Index Funds - The rapid growth of index funds over the past two years has significantly impacted stock prices, with Cambrian's top ten shareholders including multiple ETFs with a combined market value exceeding 17 billion yuan [4][5]. - The number of ETFs with over 10 billion yuan in scale has increased from 44 at the end of last year to 56 as of September 12, highlighting the growing influence of these funds in the market [5]. Group 3: Interaction Between Index Funds and Market - The interaction between index funds and the market is becoming a normalized issue for investors, particularly during index adjustments, which can lead to significant market disturbances [6][7]. - Analysts suggest that the impact of ETF rebalancing on stock prices diminishes after the adjustment takes effect, indicating a complex relationship between fund flows and market performance [6][7].

Bloomberg analyst Eric Balchunas said the REX-Osprey™ XRP ETF (ticker: XRPR) and the Doge ETF (DOJE), both filed under the same prospectus, are expected to list this Thursday. Fellow analyst James Seyffart noted that XRPR is not a “pure” spot product, but will hold XRP directly and gain exposure through other spot XRP ETFs in global markets. https://t.co/lbLPe8rUcq & https://t.co/Gn1TEI3SAA ...

SCARLET: WELCOME TO BLOOMBERG ETF IQ. I'M SCARLET FU. >> I'M KATIE GREIFELD.PEOPLE WILL SAY WE WORE THE SAME THING, BUT YOU HAVE VERY COOL SHOES. SCARLET: WE DID THIS BECAUSE IT WAS ALIGNED WITH THE MARKET DIRECTION. >> YOU ARE RIGHT, THIS WAS COMPLETELY PLANNED.WE START WITH PRESIDENT TRUMP WANTING TO SCRAP QUARTERLY EARNINGS REPORTS IN FAVOR OF RELEASES EVERY SIX MONTH. IN JUST A FEW MOMENTS, WE WILL SPEAK ABOUT THE HUGE SHIFT THAT THAT WOULD CREATE. SCARLET: WE DISCUSS OPPORTUNITIES IN ASSET-BACKED SECUR ...

``Bitcoin's (CRYPTO: BTC) tapped $116,000 before retracing below $115,000 on Monday, signaling that fresh catalysts may be needed to lift sentiment as weakening metrics signal a potential pullback. `` ``What Happened: Glassnode data highlights strong momentum in the spot market, with the relative strength index entering overbought territory. `` ```` Futures markets reflected higher activity, open interest climbed and buy-side flows picked up, yet weaker funding rates tempered demand for longs, the firm deta ...

Core Insights - Bitwise investment chief Matt Hougan predicts a significant rise for Solana, referring to it as "Solana season," driven by exchange-traded fund (ETF) flows and strong corporate treasury demand [1][4] - The recent surge in Bitcoin's price from $40,000 in January 2024 to over $115,000 is attributed to similar market conditions, which have also led to Ethereum's price tripling since April [1][2] Group 1: Market Dynamics - The formula for strong returns in the cryptocurrency market has been identified as a combination of ETP inflows and corporate treasury purchases, which has consistently yielded high returns over the past 18 months [2] - Corporate treasuries are actively accumulating Solana (SOL), with companies like DeFi Development Corp., Upexi, and Sharps Technology each acquiring nearly $500 million worth of SOL [5] Group 2: Future Projections - The SEC is expected to make decisions on several spot SOL ETF applications in October, with a 95% chance of approval according to Bloomberg Intelligence analysts [4] - A new Solana treasury company is set to be launched with commitments of $1.65 billion from firms including Galaxy Digital, Jump Crypto, and Multicoin Capital, led by Kyle Samani [5][6] Group 3: Influential Figures - Kyle Samani is positioned to become a key promoter for Solana, similar to how Michael Saylor has influenced Bitcoin and Tom Lee has impacted Ethereum [6][7] - Hougan emphasizes that while ETFs and corporate treasuries create demand channels, the underlying fundamentals are crucial for sustained investor interest [7]

#Litecoin, #XRP, and #Solana are now top picks for upcoming ETF approvals — analysts expect strong momentum by October, potentially driving prices and institutional interest 🔥 ...

Quantitative Factors and Construction Methods 1. Factor Name: RSI (Relative Strength Index) - **Factor Construction Idea**: RSI is used to measure the relative strength of a stock or ETF over a specific period, identifying overbought or oversold conditions in the market[2] - **Factor Construction Process**: The RSI is calculated using the following formula: $ RSI = 100 - \frac{100}{1 + RS} $ Where: - $ RS $ = Average gain over the past 12 days / Average loss over the past 12 days - RSI > 70 indicates an overbought condition, while RSI < 30 indicates an oversold condition[2] 2. Factor Name: Net Subscription (NETBUY) - **Factor Construction Idea**: This factor measures the net inflow or outflow of funds into an ETF, reflecting investor sentiment and demand[2] - **Factor Construction Process**: The net subscription is calculated using the following formula: $ NETBUY(T) = NAV(T) - NAV(T-1) \times (1 + R(T)) $ Where: - $ NETBUY(T) $ = Net subscription amount on day T - $ NAV(T) $ = Net asset value of the ETF on day T - $ R(T) $ = Return of the ETF on day T[2] Factor Backtesting Results 1. RSI Factor - **华泰柏瑞沪深300ETF**: RSI = 63.90[4] - **易方达沪深300ETF**: RSI = 63.27[4] - **南方中证500ETF**: RSI = 66.43[4] - **华夏中证500ETF**: RSI = 66.58[4] - **华安三菱日联日经225ETF**: RSI = 70.10[6] 2. Net Subscription Factor - **华泰柏瑞沪深300ETF**: Net Subscription = 26.44 billion RMB[4] - **易方达沪深300ETF**: Net Subscription = 9.10 billion RMB[4] - **南方中证500ETF**: Net Subscription = 2.58 billion RMB[4] - **华夏中证500ETF**: Net Subscription = -0.25 billion RMB[4] - **华安三菱日联日经225ETF**: Net Subscription = -0.04 billion RMB[6]

Group 1 - The overall performance of ETFs on September 15 showed mixed results, with some ETFs experiencing significant gains while others faced declines [1] - The Integrated Circuit ETF (159546) saw a notable increase of 8.29%, indicating strong investor interest in this sector [1] - The Specialized and New Technology ETF (563210) rose by 4.77%, reflecting positive sentiment towards specialized technology companies [1] Group 2 - The Shenzhen 100 ETF (159216) increased by 4.45%, suggesting a favorable market environment for large-cap stocks in the Shenzhen market [1] - Conversely, the Cloud 50 ETF (560660) decreased by 2.23%, indicating potential challenges or profit-taking in the cloud computing sector [1] - The Communication ETF (159695) and Vaccine Leader ETF (561920) also experienced declines of 2.01% and 1.94% respectively, highlighting a broader trend of weakness in these sectors [1]