M2’s Post

Ethereum ETFs finally got a launch date: July 23. They will be coming right after Germany finally completes its fire-sale of more than $3 billion worth of Bitcoin. With that out of the way, I caught up with Bitwise Asset Management CIO Matthew Hougan who says the set up could not be more perfect for institutional demand to push #bitcoin to new all-time highs later this year. Check it out in our Coinage Media weekly substack recapping all the best headlines in #crypto:

Crypto - US Bitcoin ETFs Post Longest Run of Inflows as Token Nears Record - https://lnkd.in/dTJva_xi (Bloomberg) -- U.S. exchange-traded funds that invest directly in Bitcoin attracted net inflows for a record 18th straight day, a surge in demand that has helped lift the largest digital asset to a record high.Bloomberg's Most ReadNet subscriptions for the group of nearly a dozen products stood at $15.6 billion

Bitcoin spot ETFs saw 17th straight days of inflows, totally $15.3B since inception. According to #FranklinTempleton CEO, the next wave of BTC spot ETFs belongs to ‘much bigger institutions’. Meanwhile, #VanEck published their bullish view on Ether, reaching $22k by 2030. Find more Alpha in our newsletter: https://lnkd.in/g_W_iZHY

Check out my latest article on the Coruzant Technologies site. With the Bitcoin halving now in the rear view mirror (at least for the next four years), I revisit my thoughts on why BTC ETFs are a different beast than other commodity ETFs and why the average investor does not need a BTC ETF when it is easy and more efficient to own BTC outright directly though sFOX - You own it and you can trade it 24/7. #BTC #BTCETF #crypto #ownitoutright

"Bitcoin ETFs made up the bulk of the bleeding last week, with $643 million leaving such products, with Ethereum funds losing $98 million as well. Most of that came from the legacy Grayscale Ethereum Trust, which was converted from a closed-end fund to a spot ETF when such products were approved for trading in July." Read the Decrypt Article Here: https://lnkd.in/g4DsZMQy

Great to chat to Joanna Wright and DL News this week. We started as a four-person team, building an index business in a little-understood asset-class that traded round-the-clock in a host of venues all across the world. There was no blueprint we could follow, but we recognised benchmark indices would be needed for bitcoin ETFs, which at the time seemed a very distant prospect. Fast forward today, and the single-best debut in ETF history, we stand at the cusp of a new era with the launch of products that make crypto exposure accessible to a much broader range of investors. We look forward to playing a key role in this next great phase of crypto: https://lnkd.in/eGpvSFTY

🚀 Ethereum ETFs Will Lead "All of the Altcoins to Wall Street"! 🌐 With Ethereum ETFs gaining traction, experts predict a major shift that could bring a wave of altcoins into the spotlight on Wall Street. What does this mean for the crypto market and your investment strategies? Dive into the insights and share your thoughts! 💬🔍 #Ethereum #ETFs #Altcoins #CryptoNews #Investing

BTC vs ETH: 30-Day ETF Comparison 🔎 This new report written by Pat Doyle, Director of Product Management at Amberdata compares the performance & investor interest of Bitcoin and Ethereum ETFs in the first 30 days of trading, analyzing key trends and market reactions. Read and download the complete report ⤵️ https://hubs.la/Q02PTHFH0

Why Bitwise Is Combining Bitcoin and Ethereum ETFs into One