Spot bitcoin ETFs hemorrhaged more than $3.4 billion over the past month, with the selling accelerating in mid-November as bitcoin prices retreated from October highs, according to data from U.K.-base... ...

A Bitcoin squeeze could be great news for Robinhood stock.A 7% plunge in the value of Bitcoin (BTC +2.20%) -- and other cryptocurrencies -- drove Robinhood (HOOD +6.37%) stock lower on Monday. A rebound in Bitcoin prices revived the online brokerage stock yesterday, however. As Bitcoin prices continue to gain strength midweek (up 1.1% Wednesday and above $93,000), Robinhood stock rises even higher.As of 3 p.m. ET, Robinhood shares are up 6%. Revenge of the cryptosWhat's going on with Bitcoin today, and what ...

U.S. spot XRP exchange-traded funds (ETFs) kept up the positive momentum for a twelfth consecutive day, with their net inflows totalling $844.9 million as of Dec. 2, according to data tracked by SoSo. The sustained accumulation of capital by spot XRP ETFs established them as the fastest-growing class of major crypto-asset vehicle. The funds are closing in on the $1 billion milestone in assets and signaling a significant expansion of regulated crypto exposure beyond bitcoin (BTC) and ether (ETH). The XRP ...

Gold is beating bitcoin (BTC) this year — not just in price action, but in investor confidence. Since the launch of spot bitcoin ETFs in early 2025, many expected a strong and sustained rally in the digital asset. But nearly two years later, gold has quietly outperformed, raising questions about whether bitcoin is truly ready to rival traditional safe-haven assets. While bitcoin is down about 12% since the launch of the ETFs in January 2024, gold has risen 58% over the same period. For Mark Connors, found ...

Core Insights - The cryptocurrency market is experiencing a rebound after a recent sell-off, with Bitcoin surpassing $87,000 and Ether rising to $2,863, indicating a positive trend for digital currencies [2][3] - Research indicates that stable coins now constitute 9% of the total crypto market cap, marking a two-year high, as investors seek protection from market volatility [3][4] Market Trends - There is a notable shift towards stable coins among crypto investors, driven by factors such as clearer regulations, increased institutional interest, and their growing use in cross-border payments and DeFi [3][4] - The stable coin market share has been rising over the past five months, reflecting a more cautious approach among investors in the crypto space [4] Regulatory Developments - The signing of the Genius Act stable coin bill into law in the US represents a significant regulatory advancement, enhancing investor confidence and attracting more capital into the sector [4] - NASDAQ is actively pursuing the introduction of tokenized securities, having filed an application with the SEC, which could allow for the trading of tokenized stocks on a major US exchange [8][9] NASDAQ's Initiatives - NASDAQ aims to bridge the digital asset world with traditional finance by allowing investors to choose between tokenized and traditional asset representations [11][12] - The exchange emphasizes maintaining investor rights and protections while integrating tokenized assets into existing market structures [15][19] Benefits of Tokenization - Tokenization is expected to improve efficiency, enhance audit trails, and potentially allow for 24/7 trading, with immediate benefits in post-trade processing and settlement [21][22] - The ability to use tokenized assets for collateral mobility is anticipated to enhance capital efficiency in the market [24][25] Product Offerings - NASDAQ has introduced various crypto-related products, including spot Bitcoin and Ether ETFs, and is open to listing additional ETPs as long as they meet established criteria [27][28]

Spot bitcoin ETFs shed $1.2 billion in 4th consecutive outflow week https://t.co/jBuuZ89hVP ...

Bitcoin’s slide to $84,000 is being driven less by mood and more by mechanics, according to Greg Cipolaro, Global Head of Research at NYDIG. In a report, Cipolaro said the core engines of the 2024–25 rally have shifted into reverse. Spot bitcoin ETFs, once the primary source of demand for the cycle, now exhibit persistent redemptions. Those vehicles funneled billions into bitcoin during the first half of the year, the report points out, but trailing five-day flows have turned negative. Data from SoSoValu ...

Strategy's impresario Michael Saylor remains a backer—and buyer—of bitcoin. Chris Kleponis / CNP / Bloomberg via Getty Images The world's most well-known and biggest cryptocurrency is continuing to sink. On Wednesday, bitcoin (BTCUSD) set a new weekly low, falling below$89,000, according to research platform Messari. Meanwhile, crypto-linked stocks were in retreat on a tentatively upbeat day for markets: Strategy (MSTR) slid more than 11% and Coinbase Global (COIN), almost 5%, as of Wednesday afternoon. Man ...

Core Insights - The recent weakness in the crypto market is occurring despite strong equity performance, leading to diminished investor confidence due to significant liquidations in October [1] - A slowdown in inflows into U.S. spot bitcoin ETFs has undermined the positive outlook for bitcoin, which relies on steady ETF inflows from financial advisors and investors [2] - Onchain data indicates a decrease in large bitcoin holders and an increase in smaller retail wallets, suggesting that long-term investors may be selling [3] Market Sentiment - The decline in funding rates points to a decrease in demand for leverage, reflecting a cautious market sentiment [3] - Bitcoin's price has fallen below its 200-day moving average, which could further dampen demand as the market often relies on such technical indicators [4] - The tightening of bank liquidity, characterized by drained reserves and high short-term rates, is linked to bitcoin's current weakness [4] Future Outlook - The report emphasizes that the flows into spot ETFs are a critical signal to monitor for any potential shifts in crypto sentiment, as the industry is still in the early stages of broader adoption [5]

Market Overview - Bitcoin is trading around $109K as traders react to Fed Chair Jerome Powell's comments, which have cooled demand for BTC ETFs and other risk assets [1] - Polymarket traders now assign a 71% chance of a 25-basis-point rate cut at the Fed's December meeting, down from about 90% before Powell's remarks [2] Investor Sentiment - U.S. investor demand for crypto has sharply cooled, with spot bitcoin ETFs experiencing a seven-day average outflow of 281 BTC, one of the weakest readings since April [3] - Coinbase premiums for both Bitcoin and Ether have flattened to near zero, indicating that both institutional and retail traders are taking profits rather than increasing exposure [3] On-Chain Analytics - Bitcoin struggles below the short-term holders' cost basis of around $113,000, with long-term holders distributing approximately 104,000 BTC per month [4] - Transfer volumes from long-term holders to exchanges have surged to $293 million a day, suggesting seasoned investors are cashing out amid weakening demand [4] Broader Crypto Market - The broader crypto market reflects fatigue, with Solana falling 8% to $186 despite the launch of the first U.S. spot Solana ETFs [5] - Large on-chain transfers from Jump Crypto to Galaxy Digital have raised speculation about portfolio rebalancing, further dampening sentiment [5] Future Outlook - Traders are closely monitoring the Fed's next move, with a 55% chance assigned to no change in rates, which has increased slightly since Powell's comments [6] - The potential for a change in Powell's stance could arise if upcoming economic data paints a worse picture than currently known, which crypto traders will be watching closely [6]