Cryptocurrencies: Bitcoin Falls Below $70,000 | ETF TrendsETF Trends is now VettaFi. Read More --This weekly update tracks some of the largest cryptocurrencies by market share: bitcoin and ether. While both are considered to be high-risk when it comes to investing, the two have foundational [differences that investors should know]. We've also included XRP, as it was one of the largest cryptocurrencies when this series began. According to [Wikipedia], a cryptocurrency is "a digital asset designed to work as ...

Core Insights - Bitcoin's closing price has decreased over 15% this week, reaching its lowest level since November 2024, and is down approximately 14% year-to-date, sitting around 39% below its record close from October 2025 [1] - Ether's closing price has dropped over 25% this week, hitting its lowest level since May of last year, and is currently down about 25% year-to-date, approximately 54% below its record close from August 2025 [1] - XRP, launched in 2012, was once among the larger cryptocurrencies but has seen its market position affected by the emergence of new coins [1] Bitcoin - Bitcoin is recognized as the world's first cryptocurrency and decentralized digital currency, with its first transaction occurring in early 2009 [1] - The cryptocurrency is often viewed as volatile but also exhibits resilience [1] Ether - Ether operates on the Ethereum blockchain platform and was launched in July 2015, holding the second largest market share among cryptocurrencies [1] XRP - XRP is owned by Ripple and was launched in 2012, previously ranking as one of the larger cryptocurrencies [1] Comparative Analysis - An index has been created to chart Bitcoin, Ether, and XRP together, utilizing a logarithmic scale to illustrate relative percentage changes and long-term growth rather than absolute price fluctuations [1] - As of the time of writing, Bitcoin is leading in terms of price changes since November 9, 2017 [1] ETF Developments - On January 10, 2024, the SEC approved spot Bitcoin ETFs from various issuers, including Grayscale Bitcoin Trust ETF and iShares Bitcoin Trust [1] - On July 23, 2024, several spot Ether ETFs were launched from issuers such as Grayscale Ethereum Trust and Franklin Ethereum ETF [1]

Core Insights - South Korea's government plans to introduce spot "digital asset" ETFs in 2026, indicating a significant shift in its approach to the crypto market [1] - The Financial Services Commission (FSC) had previously opposed such products, but the new strategy reflects a change in regulatory stance [2] Group 1: Regulatory Changes - The FSC's earlier warning against local securities firms offering access to overseas-listed spot Bitcoin ETFs highlighted its previous resistance to crypto products [2] - The government aims to complete "Phase 2" digital-asset legislation by Q1 2026, which will include new rules for stablecoins and issuer approvals [3] Group 2: Market Reforms - The plans for spot Bitcoin ETFs are part of broader market reforms aimed at improving capital access and supporting cross-border activities [4] - South Korea will transition to 24-hour FX trading in July 2026, facilitating easier trading of the won for global investors [4] Group 3: Market Dynamics - The potential approval of spot Bitcoin ETFs could lead to a new "kimchi premium," which is the price difference between Korean exchanges and overseas markets [5] - Currently, the Bitcoin premium in Korea is 0.61%, with Upbit listing BTC at ₩134.03M and Binance at ₩133.22M, indicating a small spread [6] Group 4: Future Challenges - While the introduction of a spot Bitcoin ETF appears closer, significant challenges remain in establishing a secure market infrastructure [7]

Core Viewpoint - Bitcoin price predictions are highly contentious, with forecasts ranging from $150,000 to $250,000 by the end of 2026, influenced by factors such as the next halving and spot Bitcoin ETF inflows [2][4]. Price Movements - Bitcoin reached a record high of $126,000 in October, followed by a nearly 30% decline, and is currently trading around $93,000 [4][5]. Forecasts and Predictions - Fundstrat predicts Bitcoin could reach between $200,000 and $250,000 by the end of 2026, driven by spot ETF inflows [4][8]. - Conservative estimates suggest Bitcoin may rise to $150,000-$200,000 if it maintains technical support around $102,000 [4][5]. Market Dynamics - Analysts are divided on future price movements, with some predicting a modest rise to $150,000 and others anticipating prices could exceed $250,000 due to Federal Reserve rate cuts and institutional adoption [2][4]. - A technical strategist using Elliott Wave theory suggests Bitcoin could rally to about $200,000 by mid-2026, contingent on holding support around $102,000 and a stable macro environment [5][6]. Investment Strategies - The conservative camp advocates for steady growth driven by corporate treasuries adding Bitcoin and diversified portfolios taking small positions, rather than speculative spikes [6][8]. - Fundstrat's bullish perspective hinges on the approval of spot Bitcoin ETFs, which could lead to significant inflows from wealth management platforms, potentially creating a supply squeeze [8][9].

ETF Inflow Overview - U S spot Bitcoin ETFs 11月28日录得约 7140万美元净流入 [1] - Spot Ether ETFs 连续五天净流入，总额达 7655万美元 [1] - Solana spot ETFs 录得 537万美元净流入 [1] Leading ETF Performance - ARKB (Ark Invest & 21Shares) 领跑，净流入 8804万美元 [1]

Market Trends - U S spot Bitcoin ETFs experienced an estimated net inflow of $714 million [1] - Spot Ether ETFs recorded net inflows of $76.55 million, marking five consecutive days of inflows [1] - Solana spot ETFs saw net inflows of $5.37 million [1] Leading Institutions - ARKB (Ark Invest & 21Shares) led the Bitcoin ETF inflows with $88.04 million [1]

NEWS: Texas becomes the first state to purchase Bitcoin.They acquired 57 $BTC through BlackRock’s spot Bitcoin ETF for a total of $5M. https://t.co/beIXCHMy1H ...

🇦🇪 LATEST: The Abu Dhabi Investment Council ADIC nearly tripled its holdings in the IBIT spot-BTC ETF in Q3. https://t.co/MCztVQpskt ...

Core Insights - The article provides an overview of major cryptocurrencies, focusing on Bitcoin, Ether, and XRP, highlighting their foundational differences and market performance [1][2][6]. Bitcoin - Bitcoin is the first cryptocurrency, launched in early 2009, and has become a mainstream financial asset despite its volatility [2]. - Bitcoin's closing price recently rebounded above $110,000 after a three-month low, showing a year-to-date increase of approximately 20% and is about 9% below its record close earlier this month [3]. Ether - Ether, launched in July 2015 on the Ethereum blockchain, is the second-largest cryptocurrency by market share [4]. - Ether's closing price has recently hovered near $4,000, with a year-to-date increase of around 19%, and is approximately 18% below its record close from August 2025 [4]. XRP - XRP, owned by Ripple and launched in 2012, was once among the larger cryptocurrencies but has seen increased competition from new coins [5]. Comparative Analysis - An index has been created to compare Bitcoin, Ether, and XRP, using a logarithmic scale to illustrate relative percentage changes and long-term growth since November 9, 2017, with Bitcoin currently leading [6]. ETF Developments - On January 10, 2024, the SEC approved several spot Bitcoin ETFs from various issuers, including Grayscale Bitcoin Trust ETF and Fidelity Wise Origin Bitcoin Fund [7]. - On July 23, 2024, multiple spot Ether ETFs were launched, including Grayscale Ethereum Trust and Franklin Ethereum ETF, providing new investment opportunities [8].

Core Insights - The article provides an overview of major cryptocurrencies, focusing on Bitcoin, Ether, and XRP, highlighting their market positions and performance trends [1][6]. Bitcoin - Bitcoin is recognized as the first cryptocurrency and has evolved into a mainstream financial asset since its inception in 2009 [2]. - Recently, Bitcoin's closing price fell to its lowest level in over three months, currently up approximately 15% year-to-date but about 13% below its record close earlier this month [3]. Ether - Ether, launched in July 2015 on the Ethereum blockchain, holds the second largest market share among cryptocurrencies [4]. - Ether's closing price has also dropped, reaching its lowest level in over two months, with a year-to-date increase of around 16% and approximately 20% below its record close from August 2025 [4]. XRP - XRP, launched in 2012 and owned by Ripple, was once among the larger cryptocurrencies but has since faced increased competition [5]. Comparative Analysis - An index has been created to compare Bitcoin, Ether, and XRP, utilizing a logarithmic scale to illustrate relative percentage changes and long-term growth since November 9, 2017, with Bitcoin currently leading [6]. ETF Developments - On January 10, 2024, the SEC approved several spot Bitcoin ETFs from various issuers, including Grayscale Bitcoin Trust ETF and Fidelity Wise Origin Bitcoin Fund [7]. - On July 23, 2024, multiple spot Ether ETFs were launched, including Grayscale Ethereum Trust and Franklin Ethereum ETF, providing new investment opportunities [8].