Another major U.S. crypto trading exchange has joined the expanding list of digital asset firms backing “Trump Accounts.” Trump Accounts are state-backed or privately sponsored savings accounts created for newborns, designed to promote long-term wealth building through early capital contributions, often supported by crypto firms and financial sponsors. The initiative was established through the One Big Beautiful Bill Act (OBBBA). Under the program, children born between 2025 and 2028 will receive an init ...

The Copenhagen-based Danske Bank (CPH: DANSKE) opened bitcoin and ethereum investment options to retail customers on its electronic trading platforms on Wednesday. The launch enables clients to trade bitcoin and ethereum exchange traded products, like ETFs, through the bank’s mobile and online banking systems. These additions join more than 15,000 other securities currently available on the bank’s trading platform. The financial institution introduced these instruments to address inquiries from customer ...

Key Takeaways Goldman Sachs has roughly $2.36 billion in crypto exposure, entirely through ETFs, with no direct holdings of the tokens. Bitcoin and Ethereum remain its core allocations, at about $1.06–$1.1 billion in BTC ETFs and roughly $1 billion in ETH ETFs. Goldman’s overall crypto allocation increased quarter-over-quarter, signaling continued institutional commitment. Goldman Sachs, which manages more than $3.5 trillion in assets, disclosed roughly $2.36 billion in crypto exposure in its Q4 ...

Overview - Assets under management for spot crypto funds have decreased to $130 billion, marking the lowest level since March of the previous year, driven by significant net outflows and a decline in Bitcoin prices [1][2]. Market Dynamics - Bitcoin has fallen over 50% from its peak in October 2025, with approximately $7 billion in outflows, but most ETF investors remain committed for the long term [2][3]. - The selling pressure is primarily from original crypto investors who have been gradually trimming their positions rather than mass selling [3]. - Currently, about 40% of spot Bitcoin ETF holders are experiencing losses and require a 50% increase in Bitcoin prices to break even [4]. Investor Sentiment - There is a prevailing negative sentiment among investors, exacerbated by the rising price of gold, which has reached all-time highs, contrasting with the performance of cryptocurrencies [5][6]. - The lack of dip buying in ETFs suggests that many investors are hesitant, with flows often reflecting the price movements of Bitcoin or Ethereum rather than counter-trend buying [7][10]. ETF Flows and Strategies - Some financial advisors are viewing the current market as an opportunity, leading to inflows in certain products, while hedge funds and traders are contributing to outflows [8][9]. - The ETF market is characterized by two distinct investor groups: those seeking short-term gains and those focused on long-term investments [10][32]. - The recent performance of spot ETFs has not provided the same price support for Bitcoin as seen in previous cycles, indicating a shift in market dynamics [10][14]. Future Trends - There is growing interest in diversified index funds within the crypto space, similar to trends seen in traditional asset classes, as investors seek broader exposure [20][21]. - The retailization of institutional strategies is becoming a significant trend, with more retail investors gaining access to complex investment strategies previously reserved for high-net-worth individuals [34][36]. - The potential for more banks to issue crypto products could enhance market flows and investor participation [28][29].

Core Insights - The cryptocurrency market is experiencing a significant decline, with major assets like Bitcoin, Ethereum, and XRP reaching multi-month lows, leading to increased liquidations [1][2][3] Price Movements - Bitcoin has dropped 8% in the last day to $77,195, marking a nine-month low and a weekly decline of over 13%, with a total decrease of nearly 39% since its peak above $126,000 in October [1] - Ethereum has fallen 13% to $2,362, down 20% over the past week, and has lost 52% of its value since peaking near $5,000 in August [2] - XRP is down 10% to $1.58, while other altcoins like Solana and Dogecoin have also seen significant declines of 14% and 13%, respectively [2] Liquidations and Market Sentiment - Futures traders faced substantial losses, with $2.53 billion in liquidations, predominantly from long positions, indicating a bearish market sentiment [3] - Ethereum accounted for nearly half of the liquidations at $1.14 billion, followed by Bitcoin at $765 million [3] - Market predictions show a growing bearish sentiment for Bitcoin, with a 65% chance of falling to $69,000, an increase of 22% in bearish odds over the last day [4] Market Drivers - The recent market downturn is attributed to volatility driven by fears of a U.S. government shutdown and concerns over a potential bubble in AI investments [5] - Approximately $1.5 billion in assets exited U.S. spot Bitcoin ETFs in the past week, indicating a shift away from risk-on assets, with Ethereum ETFs losing $327 million [5] Precious Metals Reaction - Precious metals like gold and silver saw a surge to all-time highs earlier in the week, reflecting a risk-off attitude, although they experienced sharp declines on Friday [6]

Core Insights - Coinbase has aligned itself with a Trump-backed initiative by matching government contributions to Trump Accounts for eligible children of its employees, marking a strategic move in Washington's financial landscape [1][2]. Group 1: Company Initiatives - Coinbase CEO Brian Armstrong announced that the company will match the $1,000 seed deposit provided by the U.S. Treasury for eligible children of its employees [2]. - The company aims to eventually make its contribution in Bitcoin (BTC) [2]. - Coinbase is among several major employers, including Uber, Intel, Nvidia, and IBM, that have committed to adding Trump Account contributions to their employee benefit packages [4]. Group 2: Program Details - The Trump Accounts program, established under the One Big Beautiful Bill Act (OBBBA), provides every U.S. child with a government-backed investment account featuring tax-advantaged growth [3]. - Children born between 2025 and 2028 will automatically receive a $1,000 government deposit, while additional funding will provide $250 accounts for up to 25 million children born before 2025 [3]. Group 3: Industry Context - Despite the growing support for crypto from Trump and Coinbase's intention to contribute in Bitcoin, crypto investments are currently restricted within Trump Accounts, allowing only Spot Bitcoin ETFs and excluding Ethereum ETFs and tokenized assets [5]. - The absence of crypto in the program has not deterred crypto firms from participating, as evidenced by Robinhood Markets being the first crypto-facing firm to commit to matching contributions for Trump Accounts [9].

Bitcoin’s price is down nearly 7% over the past week after US investors cashed more than $1.3 billion out of exchange-traded funds giving exposure to the leading digital coin. The price of Bitcoin recently stood at $89,225, according to CoinGecko, a drop of 1% over a 24-hour period. Investors cashed out every single day this week from US funds, according to Farside Investors data. Bitcoin traded higher last weekend — briefly touching $95,419 — before dropping hard on US President Donald Trump’s renewed ...

Core Insights - Bitcoin ETFs and other crypto exchange-traded products experienced inflows of $2.17 billion for the week ending January 16, marking the largest weekly total since October 2025 [1] - A negative sentiment shift late in the week led to $378 million in outflows on Friday, influenced by geopolitical tensions and uncertainty regarding the Federal Reserve [2] Inflows by Product - Bitcoin investment products led the market with total inflows of $1.55 billion, dominating trading activity despite a late-week downturn [3] - Ethereum ETFs recorded inflows of $496 million, unaffected by legislative proposals that could restrict yield offerings for stablecoins [4] - Solana ETFs attracted $45.5 million in positive flows, while XRP ETFs saw significant interest with $69.5 million in inflows [4] Geographic Contributions - U.S. investors were the primary drivers of bitcoin ETF and crypto ETF activity, contributing $2.05 billion in inflows [5] - European markets also played a role, with Germany adding $63.9 million and Switzerland seeing $41.6 million in positive flows [5] - Canada followed with $12.3 million in inflows, while minor outflows were noted in Sweden and Brazil [5] Blockchain Equity ETFs - Blockchain equity ETFs attracted $72.6 million, the highest weekly total since October 10, 2025, reflecting sustained investor confidence in blockchain infrastructure companies [6]

Core Insights - The price of Bitcoin (BTC) approached $98,000 on January 14, driven by significant inflows into U.S. spot Bitcoin ETFs, which recorded their largest daily inflow in over three months on January 13 [1][2] Group 1: Bitcoin ETFs Performance - U.S. spot Bitcoin ETFs experienced a net inflow of $753.73 million on January 13, marking the strongest day since October 7, 2025, when inflows reached $875.61 million [1][2] - The cumulative total net inflow of U.S. spot Bitcoin ETFs stood at $57.27 billion as of January 13 [2] Group 2: Other Cryptocurrency ETFs - U.S. spot Ethereum (ETH) ETFs saw net inflows of $130 million on January 13, the highest since January 5 [3] - The cumulative total net inflow of spot Ether ETFs was $12.57 billion as of January 13 [3] - Spot XRP ETFs registered a net inflow of $12.98 million on January 13, following their first net outflow on January 7, 2025 [3][4] - The cumulative total net inflow of spot XRP ETFs was $1.25 billion as of January 13 [4] Group 3: Market Movements - Bitcoin reached a high of $97,704.92 on January 14, with a trading price of $96,532.66, reflecting an increase of over 4% in the last 24 hours [5] - Ethereum rose more than 4% to trade at $3,324.49, while XRP surged 1.5% to $2.14 during the same period [5] Group 4: Market Conditions - Improved liquidity conditions due to a lower inflation report for December 2025 have generally favored risk assets like cryptocurrencies [6] - Ongoing uncertainty regarding the independence of the Federal Reserve, due to actions by the Department of Justice, may impact market sentiment [8]

Core Viewpoint - Standard Chartered predicts that Ethereum will outperform Bitcoin and reach $40,000 by 2030, with 2026 being a pivotal year for Ethereum similar to 2021 for Bitcoin [1] Group 1: Ethereum vs. Bitcoin - The price ratio between Ethereum and Bitcoin could return to its 2021 high of approximately 0.08, indicating that one Ether token was valued at 8% of one Bitcoin [2] - Currently, the Ethereum to Bitcoin ratio has dropped to around 0.03, and if it rises to 0.16, both assets would have equal market value [3] Group 2: Stablecoins and Tokenization - Standard Chartered emphasizes the growing bullish sentiment among traditional financial firms towards stablecoins and tokenization, with Ethereum being the leading blockchain for these developments, hosting over $10 billion in crypto and real-world assets [4] - Ethereum also hosts the majority of stablecoins, which are often backed by US Treasury bonds, positioning it favorably for increased interest in on-chain finance [5] Group 3: Market Predictions - US Treasury Secretary Scott Bessent forecasts that stablecoins could evolve into a $3 trillion industry by 2030, while the total value of tokenized assets on blockchains may exceed $19 trillion by 2033 [6] Group 4: ETF Flows - Investment through exchange-traded funds (ETFs) is less critical for Ethereum's price performance compared to Bitcoin, with Ethereum ETFs experiencing over $1.9 billion in outflows since November, while Bitcoin ETFs saw over $4.6 billion in outflows [7] - Despite the overall weakening of crypto ETF flows, the current trends are more favorable for Ethereum than for Bitcoin [8]