Chainlink (LINK). Photo by BeInCrypto Chainlink (LINK) is drawing the attention of crypto whales and institutional investors alike, signaling renewed confidence in the oracle token amid broader market uncertainty. Recent on-chain data highlights a surge in accumulation activity, with both private whales and major fund managers doubling down on LINK positions. Whales Accumulate Chainlink as Grayscale HODLs and Bitwise Prepares Spot ETF Launch Data from Arkham shows that a single whale withdrew 171,000 L ...

“Institutional Crypto Wars: Schiff vs. Strategy’s Bitcoin Strategy”. Photo by BeInCrypto Michael Saylor’s Strategy, formerly of MicroStrategy, continues its resolve to accumulate Bitcoin, progressively strengthening its position at the helm of public companies holding BTC. Likewise, Tom Lee’s BitMine technologies is pulling its weight on the Ethereum front, also leading public companies holding ETH. Peter Schiff Critiques Strategy’s Multi-Billion Bitcoin Holdings   Last week, Strategy purchased an addi ...

Core Viewpoint - Bitwise Asset Management has announced the uplisting of the Bitwise 10 Crypto Index ETF (BITW) to NYSE Arca, marking a significant milestone for crypto as an asset class, with the fund offering diversified exposure to the top 10 crypto assets [1][5]. Company Overview - Bitwise Asset Management is a global crypto asset manager with over $15 billion in client assets and a range of more than 40 crypto investment products, including ETFs and private funds [7][8]. - The firm has an eight-year track record and serves over 4,000 private wealth teams, RIAs, family offices, institutional investors, and 15 banks and broker-dealers [8]. Fund Structure and Strategy - BITW was initially launched in 2017 as the first crypto index fund, aiming to track the Bitwise 10 Large Cap Crypto Index, which includes the 10 largest crypto assets by market capitalization [2][4]. - Under its new ETP structure, BITW will allocate 90% of its holdings to major crypto assets like Bitcoin, Ether, Solana, and XRP, while capping other crypto assets at 10% [6]. - The fund employs active screening and monthly rebalancing to ensure it captures the investable crypto asset market opportunity [5]. Market Position and Adoption - The uplisting of BITW is seen as a watershed moment for the crypto market, indicating the asset class's rapid adoption into mainstream investing [5]. - The index approach allows investors to gain exposure to the crypto market without needing to predict which assets will succeed [4]. Asset Allocation - As of the uplisting, BITW's holdings included Bitcoin (74.34%), Ether (15.55%), XRP (5.17%), Solana (3.07%), and several other smaller allocations [7].

Core Insights - Digital assets are transitioning from an experimental phase to a fundamental component of financial infrastructure, with large institutions increasingly utilizing public blockchains [1] - The concept of "hybrid finance" is emerging, characterized by the integration of crypto systems with traditional finance to enhance market operations [1] Integration of Digital Assets - Digital assets are becoming part of the traditional economy, with expectations for 2026 to see further consolidation into the real economy [2] - The report highlights the growing use of stablecoins and tokenized assets, particularly in private credit and U.S. Treasuries, along with an increase in tokenized funds and deposits [2] Bitcoin Mainstreaming - Bitcoin's adoption is accelerating, evidenced by over $90 billion in U.S. spot ETF inflows and more than one million BTC held by corporate treasuries across 190 public companies [3] - The asset management firm anticipates broader access to Bitcoin through wealth platforms and retirement accounts, as well as more direct institutional settlements from custody banks [3] Bitcoin Price Projections - Three potential price trajectories for Bitcoin are outlined: a soft landing could push prices above $150,000, steady growth may result in a range of $110,000–$140,000, while stagflation or recession could lead to short-term price declines before recovery [4] - Competition to establish a settlement layer for hybrid finance is intensifying, with Ethereum remaining a key player despite emerging rivals [4] Financial System Transformation - The year 2026 is expected to witness a financial system rearchitecting around public blockchains and digital settlement layers [5] - The report notes increasing regulatory divergence across regions, including Europe's MiCA framework, U.S. stablecoin policies, and Asia's Basel-style approaches, alongside structural shifts such as miners transitioning to high-performance computing and AI infrastructure [5]

Core Insights - Chainlink's native token LINK experienced a 7% rally over 24 hours, outperforming the broader crypto market due to the launch of the first U.S.-listed spot Chainlink ETF [1][2]. Group 1: ETF Launch and Market Impact - The Grayscale Chainlink Trust ETF (GLNK) converted from a closed-end fund and traded on NYSE Arca, achieved $37 million in net inflows on its first day [2]. - The ETF launch signifies a milestone for institutional adoption of Chainlink, allowing traditional investors to gain direct exposure to LINK through brokerage accounts [2]. Group 2: Trading Activity and Performance - Trading volume for LINK surged by 183% above the 24-hour average, with a peak of 6.71 million tokens traded at 14:00 UTC, briefly reaching $14.63 before a pullback [3]. - Despite the pullback, LINK maintained an ascending trendline from a base of $13.35, logging consecutive higher lows and sustaining a bullish structure throughout the day [3]. Group 3: Comparative Performance - LINK outperformed most top-20 cryptocurrencies, driven by the ETF catalyst and a broader market rotation into tokens with clear utility narratives [4]. - The CoinDesk 5 Index rose by 3.3% on the same day, with LINK's gains exceeding this benchmark by over 4 percentage points [4]. Group 4: Technical Analysis - Key technical levels indicate support at $14.28 with psychological backing at $14.40, and resistance at $14.63 [7]. - A 183% volume surge at session highs suggests institutional participation and resistance testing [7]. - Consolidation between $14.395 and $14.445 could serve as a launchpad for a renewed breakout, with a near-term target at $14.63 if buyers maintain above $14.28 [7].

Stockholm, December 2, 2025 – Virtune, a Swedish regulated crypto asset manager, announces that it is taking the next step in its Nordic expansion and strengthening its presence in Norway for its exchange-traded products (ETPs). In connection with this initiative, Virtune is entering a collaboration with ski legend Petter Northug, who will become Virtune’s new ambassador. The goal is to meet the growing demand among Norwegian investors and make crypto assets more accessible and easier to understand. Virtune ...

Core Insights - Bitwise is preparing to launch its Avalanche ETF, having filed an updated S-1 with the U.S. SEC, revealing key details such as management fees and ticker symbol [1][3][4] Group 1: ETF Details - The management fee for the Bitwise Avalanche ETF is set at 0.34%, with a fee waiver for the first month or until assets reach $500 million [3][5] - The ETF plans to list on NYSE Arca under the ticker symbol "BAVA" [3][4] - The trust will track the AVAX price using the CME CF Avalanche-Dollar Reference Rate index and will offer staking as a secondary objective [5] Group 2: Market Reaction - Following the announcement, the price of AVAX surged over 7%, contributing to a weekly rally exceeding 17% [1][8] - The current trading price of AVAX is $14.94, with a 24-hour trading volume increase of nearly 15% [8] Group 3: Custodianship and Initial Investment - Coinbase Custody Trust Company will act as the custodian for Avalanche assets, while BNY Mellon will serve as the cash custodian [6] - Bitwise Investment Manager is expected to invest $2,500,000 to purchase 100,000 shares at a price of $25 per share [6]

Crypto asset manager Grayscale Investments has jumped on the Zcash hype by filing for an exchange-traded fund that would give investors exposure to the privacy coin.  A Wednesday filing with the Securities and Exchange Commission shows that Grayscale wants to convert its Grayscale Zcash Trust into an ETF. If approved, it would be the first ETF giving investors exposure to the coin.  Zcash enables users to send and receive money in private by encrypting transaction information using zero-knowledge proofs—a c ...

Core Insights - Chainlink (LINK) has experienced a steady downtrend, currently priced at $11.5, amidst market volatility affecting major altcoins. However, sentiment is shifting as LINK is seen as a leading candidate for the next major altcoin ETF, which could significantly impact its price trajectory [1]. Group 1: ETF Developments - Grayscale has published a research report endorsing Chainlink's long-term value, highlighting its role as critical infrastructure for secure communication between on-chain smart contracts and off-chain real-world data [2]. - The report emphasizes that LINK is the largest non-Layer-1 token by market cap, showcasing its broad exposure across the crypto economy and its expanding institutional partnerships [3]. - Bloomberg ETF analyst Eric Balchunas has indicated that a Chainlink ETF, likely Grayscale's GLINK, is in development and could launch as early as next week, with a potential debut by December 2 [5][6]. Group 2: Institutional Interest - Grayscale's analysis suggests strong institutional conviction in Chainlink, indicating that the firm may be positioning LINK for its next ETF product [4]. - The Depository Trust & Clearing Corporation (DTCC) has listed the Bitwise Chainlink ETF Beneficial Interest, suggesting another LINK ETF is poised for approval [7]. - Bitwise has a successful track record in launching ETFs, which increases the likelihood of a near-term launch for a Chainlink ETF [8]. Group 3: Price Analysis - Currently, LINK is trading at $12.81, facing resistance at $12.94 while remaining in a month-long downtrend. The technical structure indicates hesitation, but demand driven by ETF developments could quickly shift momentum [9].

Franklin Templeton launched its XRP exchange-traded fund (ETF), the Franklin XRP Trust (XRPZ), on NYSE Arca Monday, giving investors regulated access to the XRP token. The move places one of Wall Street’s oldest institutions into the growing field of XRP fund issuers, which already includes Bitwise, Grayscale and Canary Capital. The launch expands Franklin’s crypto lineup. It now manages ETFs tied to bitcoin (EZBC), ether (EZET), XRP (XRPZ), and its diversified digital asset fund (EZPZ), offering traditio ...