According to Bloomberg senior ETF analyst Eric Balchunaspilu, spot Bitcoin ETFs have had a strong start to the year, with inflows of $4.20 billion, accounting for 6% of all ETF inflows. Since its launch, net inflows have exceeded $40 billion and asset management (AUM) has reached $121 billion, resulting in a return of 127%. At present, the asset size of the Bitcoin spot ETF has exceeded the ESG ETF ($117 billion) and is comparable to the size of the gold spot ETF.
Bloomberg senior ETF analysts Eric Balchunas and James Seyffart confirmed that the CME is very likely to launch XRP and SOL futures contracts, but only released a trial version of the futures on the beta website and has not yet appeared on the official website. They believe that this event will be officially confirmed by the CME soon, but also expressed doubts about why the beta version can be noticed by the public. Earlier market news said that the CME futures of XRP and SOL will be launched on...
Eric Balchunas, a senior ETF analyst at Bloomberg, posted on the X platform that ex's filing of DOGE ETFs and TRUMP ETFs is an application under the 1940 Act, so (in theory, if not rejected) it may be listed in early April (75 days after filing). It is reported that Eric Balchunas is referring to the 1940 Act, which governs asset and derivative portfolio funds. Applications submitted under the Act also enjoy a simplified 75-day review process. By utilizing this process, DOGE and TRUMP ETFs can b...
On January 21, Bloomberg senior ETF analyst Eric Balchunas wrote that Rex has applied to launch the DOGE ETF and the TRUMP ETF.
Michael Brown, senior research strategist at Pepperstone, said in a note that the dollar was weakening in European trading, but its good days were not over. "I remain a firm believer in the dollar bullish," he said. Talk of "American exceptionalism" remains strong. The low likelihood of the Federal Reserve cutting interest rates compared to other major central banks should also continue to support the dollar. The weak phase offers investors an opportunity to buy the dollar. (Jin Ten)
Senator Elizabeth Warren, a senior member of the Senate banking committee, has questioned the relationship between Howard Lutnick, Mr. Trump's nominee for commerce secretary, and Tether, citing potential conflicts of interest. She criticised Tether's links to sanctioned entities and highlighted broader concerns. Howard Lutnick does not directly oversee cryptocurrency regulation, but the department has published reports on industry regulation. In addition, there are...
According to Bitcoin Magazine, Max Keiser, a senior Bitcoin advisor to the President of El Salvador, has revealed that President Bukele is preparing to install Bitcoin nodes in every household in the country.
Bloomberg senior ETF analyst Eric Balchunas wrote that as a highly volatile asset, Bitcoin's greatest risk comes from the downside movement of the traditional stock market. Although gold also fell, the decline was relatively small. He is not overly concerned about a short-term correction in Bitcoin, considering that Trump may take measures to maintain the stock market's rise, but the market trend remains uncertain.
According to Coinedition, Senior U.S. District Judge Phyllis J. Hamilton granted a request by Ripple CEO Brad Garlinghouse and the SEC to seal certain court documents. As the case progresses, the parties can now keep sensitive information confidential. The sealed documents included key exhibits related to summary judgment and expert testimony that were crucial to the case. The court ruled under the Ninth Circuit's "compelling reasons" rule. Ripple seeks to seal eight documents related to summary...
Steve Witkoff, the new special envoy to the Middle East nominated by US President-elect Donald Trump, arrived in Israel on the 11th and will discuss the Gaza ceasefire talks with Israeli Prime Minister Benjamin Netanyahu later in the day, a senior Israeli official said. In addition, the Israeli official also said that the ongoing ceasefire talks in the Gaza Strip in the Qatari capital Doha have made progress. He did not disclose further details of the negotiations.
Eric Winograd, senior economist at Alliance Bernstein, wrote that the Fed needs to make progress on inflation and "some softness" in the labor market before it can cut rates again, which could take several months. A rate hike is unlikely as there is no sign of inflation picking up again. Winograd said the three-month moving average increase in payrolls was unchanged from November, in addition to the strong headline data. The unemployment rate edged down to 4.1 percent from 4.2 percent, and "has ...
Michael Brown, senior research strategist at Pepperstone, said: "I think the non-farm payrolls report will only encourage the dollar to continue to rise, which has been the market's preference for some time, which certainly helps to reinforce the theme of" American exceptionalism "and should keep the Federal Reserve relatively hawkish compared to other G10 members." The biggest risk to the bullish dollar view is that market participants may seek profit-taking/deleveraged ahead of Trump's inaugur...
Juan Leon, senior investment strategist at Bitwise, said investors have started allocating funds to spot cryptocurrency ETFs in the hope that Trump's pro-cryptocurrency administration will take the White House in less than two weeks, with data showing that spot bitcoin and ethereum ETFs have attracted $1.75 billion so far in 2025. Juan Leon added: "In terms of the regulatory agenda, the Trump administration has already seen a number of cabinet members, both the SEC and the Treasury, who are pro-...
Veteran cryptocurrency trader The Crypto Dog recently said that the cryptocurrency market is unlikely to experience significant volatility before President-elect Trump takes office on January 20. He speculates that this political event could be a key trigger for renewed bullish momentum in the cryptocurrency market. He believes that bitcoin and counterfeit products may remain stagnant until the inauguration...
Senior South Korean government officials set out in the early morning of the 3rd to execute the arrest warrant for suspended President Yoon Seok-yeok.