Shares keeps $100K Bitcoin base case, flags 8% ETP BTC gap
The mid-year audit keeps the October 2025 peak near $126K as the cycle high and pencils in a recovery to $100K by year-end, even as ETP-held BTC sits roughly 8% below prior peaks.
Spot and futures crypto ETFs — flows, AUM, new filings, approvals, and issuer activity.
The mid-year audit keeps the October 2025 peak near $126K as the cycle high and pencils in a recovery to $100K by year-end, even as ETP-held BTC sits roughly 8% below prior peaks.
The four-day streak is the headline, not the dollar size: combined outflows of $196M are small relative to AUM, but the synchronized BTC and ETH pullback hints at a coordinated de-risking by one set…
The Fear & Greed Index sits at 17, BTC dominance is climbing toward 56%, and US spot Bitcoin ETFs have now bled cash for four straight sessions, the risk-off cross-currents a $62K BTC is absorbing in…
The 90-day average of BTC spent by 5+ year holders just dropped to 962 BTC, the lowest since November 2024, and the level lines up with the most expensive coins that cohort could have bought five…
The Mini-S&P 500 contracts are the first products under the new suite, live now on Interactive Brokers and rolling out to Charles Schwab in the coming months.
Spot BTC ETFs just printed a record $6B 30-day outflow, and a $10.6B options expiry on Friday puts the $60,000 floor in front of the entire market.
The endorsement matters less for the 1-2% number than for what it signals: BlackRock is now teaching advisors how to position BTC inside a traditional 60/40.
The worst monthly outflow streak since launch meets a 10.5M BTC unrealized-loss reading that has marked every prior major bottom, a setup the bulls are reading as absorption rather than exit.
Price is down 3% on the day and 11% on the week, but nearly $17B in seven-day volume suggests the crowd hasn't left the room. Macro chip-stock selling and XRP ETF flows now decide the next leg.
Quarter-end rebalancing and a record-sized Deribit expiry collided with another leg of spot BTC ETF redemptions, leaving the market pinned below a key technical level with no clear bid in sight.
The macro print sets the impulse, the quarterly Deribit expiry decides whether it gets pinned or amplified, and roughly 80% of open interest is already out of the money after June's slide.
The one-day prints are ugly, but the seven-day tally tells the worse story: spot BTC ETFs have now shed 5,722 BTC in a week, the largest sustained outflow since launch.
The single largest opening-session drawdown since the 2020 Covid shock, and the speed of the move is forcing cross-asset de-risking before US macro data lands later this week.
The bank now sees two Fed hikes in 2026, reversing its earlier easing call, and flags $6B in six-week spot ETF outflows as the structural pressure point for the next leg.
BTC products bled in 11 of 14 June sessions and ETH added another $200M in outflows, while $74M of total altcoin inflow looked less like a rotation than a thin floor of category-specific conviction…
Across the full slate of US spot Bitcoin ETFs tracked by Glassnode, the 7-day moving average of aggregated flows has stayed at or below zero for roughly five weeks, a stretch that points to a stalled…
Both flagship spot ETF complexes printed net outflows on the same session, a rare synchronized pullback that suggests institutional desks were trimming exposure across the board rather than rotating…
Asia risk-off, persistent spot Bitcoin ETF outflows and a leverage flush compounded to drive the move, with ETH printing a triple bottom that is already giving way.
The token's 1.8% slide to $1.1109 is the smallest of its recent losses, but the repeated return to the $1.05–$1.10 zone is the chart that matters: a break below puts $1.00 back on the table.
If the exemption lands, stablecoins, AMMs, and programmable settlement move from crypto-native experiments to US market plumbing, with broker-dealers as the gateway.