When news of #ETFApprouval comes, people get excited and they try to maximise their investment and want to earn more.
So the news from the cent out is that it seems that $SOL
ETF has been requested and it pumped shortly.
But we all already know that what happened to Eth after its #ETFGrowth ..

So if u are fully shorting it now, SOL is 161.33 just incase it deliberately goes up even more. $BTC is still stuck at 61.5k so this is 99% a golden chance.
$SOL

#USSpotEtf US Spot Ethereum Exchange Traded Funds (ETFs) End 9-Day Out-Streak! Here Are the Details #ETH🔥🔥🔥🔥

Spot Ethereum exchange-traded funds (ETFs) in the US saw net inflows of $5.84 million on Wednesday.

Spot Ethereum exchange-traded funds (ETFs) in the U.S. ended a nine-day outtrend with net inflows of $5.84 million on Wednesday.
$ETH
Spot Ethereum ETFs See $5.8 Million Inflows, Breaking Nine-Day Outflow Streak

Data from SoSoValue reveals that the Grayscale Ethereum Trust (ETHE) experienced a daily net outflow of $3.81 million, but this was more than offset by inflows into other funds.

#ETFGrowth

Specifically, there was an inflow of $8.4 million into BlackRock’s spot Ethereum fund and $1.26 million into Fidelity’s FETH fund.


Despite the recent inflows, nine spot Ethereum ETFs recorded $151.57 million in trading volume on Wednesday, a significant difference compared to the approximately $900 million in volume seen in late July when these ETFs were first launched.

Overall, these funds have faced total net outflows of $475.48 million since their inception


In contrast, US spot Bitcoin ETFs continued to experience net outflows, with $105.19 million withdrawn on Wednesday.

The biggest outflows came from Ark and 21Shares’ ARKB, which withdrew $59.27 million. Fidelity’s FBTC and VanEck’s Bitcoin fund also reported outflows of $10.37 million and $10.07 million, respectively.
$BTC
Other funds, including Bitwise’s BITB, Grayscale’s mini Bitcoin fund, and the larger Grayscale Bitcoin Trust (GBTC), collectively reported net outflows of around $8 million.

Interestingly, BlackRock’s IBIT, the largest spot Bitcoin ETF by net assets, and five other Bitcoin ETFs reported no flows during the day.

Despite these outflows, spot Bitcoin ETFs had a total trading volume of $2.18 billion on Wednesday, compared with $1.2 billion the day before.$ETH

**Overview of Upcoming Options Expiry**
On May 24th, approximately $2.7 billion in Bitcoin and Ether options are scheduled to expire, shedding light on current market sentiment. Analysis from Greeks.live indicates 21,000 Bitcoin options nearing expiry with a put/call ratio of 0.88, slightly favoring calls, suggesting a cautiously optimistic market stance.
#CryptoOptions #Bitcoin #Ether #MarketSentiment

**Bitcoin's Significant Strike Prices**
The immediate focus is the $67,000 price point, which represents the maximum pain point for these options, involving around $1.4 billion. A much larger event looms on May 31st, with $4.3 billion worth of options expiring. Data from Deribit highlights a bullish outlook, particularly with $830 million concentrated at the $70,000 strike price.
#BitcoinOptions #CryptoTrading #BullishTrends

**Ethereum's Bullish Indicators**
Turning to Ethereum, 350,000 contracts are set to expire, with a notional value of $1.3 billion and a more distinctly bullish put/call ratio of 0.58. Ethereum has led recent market rallies, notably following ETF developments, with a significant 20% increase in value and a spike in short-term implied volatility to 150%.
#Ethereum #CryptoRally #ETFGrowth

**Market Structure and Trading Strategy
The divergence in sentiment between Bitcoin and Ethereum is noteworthy. Ethereum shows stronger bullish sentiments, while Bitcoin presents a balanced dynamic between long and short positions. This suggests that traders might find calendar spreads to be advantageous given the prevailing market conditions.
#TradingStrategy #MarketAnalysis #CryptoMarkets

**Conclusion: Market Sentiment and Outlook
As we approach these significant option expiries, the extensive open interest at higher strike prices and the generally balanced yet optimistic sentiment signal a potentially positive trend in the crypto market. The strong interest in higher strike prices indicates a bullish direction as the expiry dates draw near.
#CryptoTrends #MarketOutlook #InvestingCrypto$BTC $ETH $

Grayscale Bitcoin ETF surpasses $20B net outflows #OUTFLOWS #ETFGrowth

While the pace of outflows has slowed compared to earlier this year, the overall trend remains negative.

Key Takeaways

• GBTC's total net outflows have surpassed $20 billion since its ETF conversion.
$ETH

• BlackRock's iShares Bitcoin Trust saw a resurgence in inflows, collecting $15.8 million.

Grayscale Investments’ Bitcoin Trust (GBTC) continues to face investor redemptions, with another $20.8 million withdrawn on Monday, according to data tracked by Farside Investors. This brings the total net outflows since its exchange-traded fund (ETF) conversion in January to over $20 billion.
$BTC

The pace of outflows has slowed compared to earlier this year. Data reveals that the first $10 billion was withdrawn within two months of its ETF conversion, while the subsequent $10 billion took over six months.

BlackRock’s iShares Bitcoin Trust (IBIT) saw a resurgence of inflows after a period of stagnation, taking in $15.8 million. Other prominent Bitcoin ETFs managed by Fidelity, Franklin Templeton, and VanEck reported inflows of around $5 million each.

Grayscale’s low-cost Bitcoin ETF also managed to attract some inflows, ending the day with $2.8 million. The rest reported zero flows. #FlowTraders

State Street, Galaxy launch 3 new crypto ETFs
#CryptoMarketMoves #ETFGrowth #ETFNewsUpdate

The funds aim to capitalize on Web3 by tracking a mix of stocks, spot cryptocurrencies and futures.

Asset managers State Street Global Advisors and Galaxy Asset Management launched three new cryptocurrency exchange-traded funds (ETFs) on Sept. 10, according to an announcement from State Street. The ETFs are designed to capitalize on the growth of Web3. 

State Street said the funds include the SPDR Galaxy Digital Asset Ecosystem ETF (DECO), the SPDR Galaxy Hedged Digital Asset Ecosystem ETF (HECO), and the SPDR Galaxy Transformative Tech Accelerators ETF (TEKX). 

The ETFs come as asset managers increasingly focus on offering diversified exposure to blockchain technology rather than specific crypto assets.

“We’re going to see a number of more single asset products, and then also certainly some index-based and diversified products,” Dave LaValle, Grayscale’s global head of ETFs, said in August.

Franklin Templeton and Hashdex are among fund issuers awaiting regulatory approval to launch diversified spot crypto index ETFs in the United States. 

“We believe the next evolution of this market is the introduction of actively managed digital asset portfolios,” Anna Paglia, State Street’s chief business officer, said in a statement.

Actively managed ETFs employ dedicated analysts to opportunistically trade fund assets on shareholders’ behalf and often charge considerably higher management fees than passive index funds.

The State Street ETFs charge fees of 0.65% to 0.9%. That’s less than many other actively managed funds but still far more than passive crypto ETFs, which generally charge 0.25% or less. 

State Street’s HECO and DECO are unique among ETFs, as they invest in a mix of stocks and cryptocurrencies. They aim to hold a “portfolio of companies that are well positioned to benefit from the growing adoption of the blockchain and digital asset industries as well as cryptocurrency exposures through ETFs and futures,” State Street said.

market.#EthereumETFApprovalExpectations

Will Ether price drop after Buterin, EF’s ETH sales?
#EFTvsBTC
Not all Ethereum Foundation sales have preceded major market corrections.

For instance, its sales of 100,000 ETH in December 2020 came before a 630% price rally. Additional factors behind the Ether price surge were the launch of the Beacon chain, which marked Ethereum’s shift toward proof-of-stake, and the loose Federal Reserve monetary policy in the United States that boosted demand for risk-assets, including cryptocurrencies.
$ETH
Interestingly, Vitalik Buterin and the Ethereum Foundation's recent Ether sales occur at a time when the Fed is planning to cut interest rates and outflows from spot Ethereum exchange-traded funds (ETF) are slowing down.
#ETFGrowth
From a technical standpoint, Ether is trading inside the range defined by its 50-week (red) and 200-week (blue) exponential moving averages (EMA).


Its recent pullback from the 50-week EMA increases the odds of the price hitting the 200-week EMA—at around $2,000—by October, down about 15% from the current price levels.

The 200-week EMA further coincides with the lower trendline of Ether’s multi-year ascending triangle pattern. This support confluence increases the odds of a sharp rebound, prompting Ether to retest the triangle’s upper trendline—at around $4,000—by 2024’s end or early 2025.