Spot ETH ETF approval: Latest news and full coverage of SEC decision

Net weekly outflows from Bitcoin ETFs reached $690 million as BTC briefly touched $60,000, reigniting analyst criticism over “paper Bitcoin” and scarcity.

Bitcoin ETFs saw $545 million in daily outflows as BTC neared $70,000, though analysts said most investors were holding positions despite market weakness.

Spot Bitcoin ETF AUM fell below $100 billion after $272 million in outflows, pushing year-to-date losses close to $1.3 billion.

Crypto traders usually view negative funding rates as a buy signal, but this week’s volatile US earnings outcome may cloud its value for ETH investors.

The NYSE-listed BTYB allocates most of its assets to US Treasurys while using options strategies to provide weekly income and Bitcoin-linked exposure.

Crypto ETPs posted two consecutive weeks of outflows, totaling $3.43 billion and driving $1 billion in year-to-date losses, according to CoinShares.

ETF analyst Eric Balchunas said many people seem to be forgetting that Bitcoin “spanked everything so bad” in 2023 and 2024, while other asset classes “still haven’t caught up.”

US spot Bitcoin ETF flows turned negative for January after a series of outflows this week totaling nearly $1 billion, data from SoSoValue shows.

Crypto ETPs reversed course last week, with outflows led by Bitcoin and Ether as bearish sentiment outweighed inflows into altcoins such as Solana.

Japan’s financial regulator is weighing rule changes that could allow crypto assets to qualify for ETFs, signaling a possible shift in retail access.

The filing with the US SEC eliminates contract caps on crypto ETF options, a change Nasdaq argues addresses unequal treatment in derivatives markets.

Despite Ether’s latest recovery to $3,000, data suggests that ETH price may see a deeper correction to $1,850 if key support levels don’t hold.

Crypto traders often view negative funding rates as a strong buy signal, but several data points suggest ETH investors have good reasons to remain risk-averse.

Crypto markets dip as global macro pressures mount, with US-EU trade tensions and Japanese bond sell-offs fueling institutional caution.

Bitcoin drove 71% of last week’s $2.17 billion in crypto fund inflows, while Ether and Solana held up despite US CLARITY Act proposals to restrict stablecoin yields.

Despite Ether’s rejection from $3,400, data suggested that ETH price may see a sustained recovery over the next few weeks, as long as a key support level holds.

Spot Bitcoin ETFs posted their strongest week since October as institutional investors returned via regulated products, helped by reduced whale selling and tightening effective supply.

ETH price cooled down from its recent rally as US macroeconomic factors, reduced DApps activity and falling fees impact traders’ use of Ether derivatives.