Bitcoin spot exchange-traded funds recorded a sharp reversal in daily flows on January 6, shedding a combined $243.24 million as markets pulled back. The pullback raises fresh questions about whether the recent rally is losing momentum or simply pausing after weeks of heavy inflows. Source: Sosovalue The outflow marked a clear contrast to the prior trading sessions, but broader data suggests investor interest remains structurally intact rather than broken. Bitcoin ETFs See Brief Dip, but Big Money St ...

Bank of America Corp. (NYSE:BAC) will allow more than 15,000 Merrill and Private Bank advisers to proactively recommend four spot Bitcoin (CRYPTO: BTC) ETFs starting Jan. 5, formally opening Bitcoin access across its wealth platform.Big Four Banks Now All Offer Bitcoin AccessBank of America joins JPMorgan Chase & Co. (NYSE:JPM) , Citigroup Inc. (NYSE:C) , and Morgan Stanley (NYSE:MS) in opening institutional Bitcoin access to wealth clients, marking the final holdout among the Big Four U.S. banks.JPMorgan h ...

Spot Bitcoin ETFs returned to net inflows after a long week of losses. These funds raked in $355 million as market activity picked up, and liquidity conditions showed early signs of improvement. The inflow ended 7 straight trading days of withdrawals and slowed a trend that had weighed on sentiment through most of December. Spot Bitcoin ETFs Break Seven Day Outflow Streak US-listed spot Bitcoin ETFs have now reversed a seven-day outflow stretch that saw $1.12 billion leave the funds, per Farside Invest ...

U.S. spot Bitcoin exchange-traded funds recorded a sharp reversal on December 30, pulling in $355 million in net inflows and ending a seven-day stretch of persistent capital withdrawals. The move marked the strongest daily inflow since mid-December and came after nearly two weeks in which ETF investors steadily reduced exposure as prices softened and year-end liquidity thinned. Sosovalue data shows that the rebound was led by BlackRock’s iShares Bitcoin Trust, which attracted $143.75 million in fresh ca ...

Key Points The S&P 500 is up 15%, and Bitcoin is down 5% year to date. Not since 2014 has the S&P 500 generated positive returns while Bitcoin generated negative returns. Analysts at Standard Chartered and Bernstein expect Bitcoin to reach $150,000 in 2026, a forecast that implies 74% upside from its current price of $86,000. More institutional investors are adding Bitcoin to their portfolios due to the improving regulatory environment and the simplicity of spot Bitcoin ETFs. 10 stocks we like bette ...

Key Points Michael Saylor completely shifted his company’s strategy a little more than five years ago, betting big on a top digital asset. A $21 million price target for this crypto implies a monster gain for a popular BlackRock ETF. Despite experts' enthusiasm, investors should always do their own research and lean less on the thinking of others. 10 stocks we like better than iShares Bitcoin Trust › Michael Saylor is one of the most successful businessmen around. He started his company, Strategy ...

Core Insights - BlackRock CEO Larry Fink describes cryptocurrency as "assets of fear," indicating that some investors are motivated by concerns over financial security and potential dollar collapse [1][3] - Fink's perspective contrasts with other experts who highlight a structural shift in institutional approaches to cryptocurrency, suggesting that motivations extend beyond fear [2][5] Group 1: Fink's Perspective - Fink believes that both cryptocurrency and gold serve as defensive hedges against uncertainty, particularly in light of the U.S. government's debt projected to reach 143% of GDP [3][4] - His recent comments mark a significant change from 2017, when he dismissed cryptocurrency entirely [4] Group 2: Alternative Views - Josip Rupena, CEO of Milo, partially agrees with Fink but emphasizes that factors such as inflation fears and geopolitical risks are important, alongside access through ETFs and compliance frameworks [5][6] - The establishment of financial infrastructure has shifted cryptocurrency from a speculative asset to a mainstream investment, with regulations like MiCA enhancing legitimacy [6] Group 3: Investment Dynamics - Many investors now view bitcoin as a low-correlation portfolio diversifier rather than solely a hedge, with significant inflows into gold and bitcoin ETFs as diversification tools [7] - The comparison between gold and cryptocurrency highlights differences in volatility and investor composition, with crypto being more volatile and attracting a different type of investor [8]

Vanguard Group now allows clients to trade spot Bitcoin exchange-traded funds, but the $12 trillion asset manager’s skepticism toward crypto remains firmly intact. According to Bloomberg, John Ameriks, Vanguard’s global head of quantitative equity, compared Bitcoin to a viral plush toy collectible rather than a productive asset at Bloomberg’s ETFs in Depth conference on Thursday, saying it lacks the income, compounding, and cash flow that the firm seeks in long-term investments. “It’s difficult for me t ...

Core Viewpoint - Bank of America is shifting its approach to cryptocurrencies by recommending several cryptocurrency exchange-traded funds (ETFs) to wealth clients starting January 5, moving away from its previous policy of only offering digital asset investments upon request [1][2]. Group 1: Client Demand and Strategy - The decision to recommend cryptocurrency ETFs is in response to increasing client demand, as stated by Nancy Fahmy, Head of Investment Solutions Group at Bank of America [2]. - The bank's guidance will primarily focus on Bitcoin and Ethereum, with four specific Bitcoin ETFs available from the outset [3]. Group 2: Investment Recommendations - Chris Hyzy, the investment chief at Bank of America Private Bank, suggests that a modest allocation of 1% to 4% in digital assets could be suitable for investors, depending on their risk tolerance [4]. - The lower end of the allocation range is recommended for conservative investors, while the higher end is for those with a greater risk appetite [4]. Group 3: Industry Context - Bank of America joins other financial institutions like Charles Schwab, Fidelity Investments, JPMorgan Chase, and Morgan Stanley in offering clients access to select cryptocurrency ETFs [5]. - The broader Wall Street trend towards embracing cryptocurrencies has been influenced by supportive regulatory changes from the Trump administration, including a stablecoin bill [6]. Group 4: Market Potential - The growing adoption of cryptocurrencies is expected to drive significant inflows into digital assets, potentially boosting valuations [7]. - Data from Tephra Digital indicates that $31 trillion in capital on wealth management platforms has been restricted from accessing Bitcoin ETFs due to exposure limitations [7].

Bloomberg Bitcoin slipped in Asia trading hours while other risk assets gained after the US Federal Reserve cut interest rates and expressed optimism about the economy. The original cryptocurrency fell as much as 3.2% to briefly dip below $90,000 on Thursday, down from an intra-day high of $94,490 the day before, according to data compiled by Bloomberg. Smaller tokens also retreated, with Ether shedding as much as 5.2% of its value. Most Read from Bloomberg Bitcoin later recovered some of that ground t ...