Bitcoin ETFs Near $100bn As SOL, XRP ETF Chances Improve
By Kapil Rajyaguru
President Donald Trump’s tariff announcements had slowed down the positive trends of Crypto ETFs, but now we are witnessing a strong rally in Bitcoin ETFs again. It seems that financial advisors are increasingly trusting crypto ETFs. The question now is whether this marks the beginning of a new institutional wave or if this is just the initial phase. To understand these market factors, we need to decode ETF flows, market sentiment, and recent regulatory developments. Let’s dive into this thrilling crypto ETF breakdown.
Segment 1: Crypto ETFs Gaining Massive Popularity As ‘Reputational’ Risk Gone
A recent survey revealed that the majority of U.S. financial advisors have decided to increase their investments in crypto ETFs this year. 57% of advisors are increasing their allocations, while only 1% plan to reduce them. Even Crypto Equity ETFs, which hold shares in companies like Tesla, are gaining significant interest. But it’s not just equity ETFs; Spot and Multi-token ETFs are also gaining momentum. 22% of advisors are looking to take new positions in Spot Crypto ETFs, and 19% in Multi-token Funds. This indicates that institutional adoption of crypto ETFs is accelerating!
Segment 2: ETF Flows – The Barometer of Market Sentiment
Crypto ETF flows are always a barometer of market sentiment, and the data from the past week confirms that Bitcoin ETFs are becoming a powerhouse of investor trust. Bitcoin ETFs saw inflows of $84.17 million on March 24 and $26.83 million on March 25, marking the 8th consecutive day of inflows! Fidelity’s FBTC ETF saw the largest inflow of $82.85 million, followed by Bitwise BITB and BlackRock IBIT, which also had their impact. However, not every ETF is bullish. Ark 21Shares’ ARKB ETF saw massive outflows of $40.97 million. Still, Bitcoin ETF assets have reached $99.31 billion—almost hitting the $100 billion milestone!
Segment 3: US Ether ETFs Suffer Longest Outflow Streak As Token Lags Rivals
While Bitcoin ETFs are soaring, Ether ETFs are struggling to recover. Since their launch in July 2024, U.S. Ether ETFs have experienced their longest outflow streak, with a net outflow of $415 million over 13 days. Moreover, Standard Chartered has set Ethereum’s year-end target at $4,000, reflecting a 60% cut, as the bank believes Layer-2 adoption is eroding Ethereum’s long-term competitive edge. This could potentially affect the performance of altcoins as well.
Segment 4: Trump Media Unveils Crypto ETF Plan With Crypto.com
In another important development, Trump Media and Technology Group has signed a non-binding deal with Crypto.com to launch a new ETF product. According to the plan, the ETF will consist of a basket of ‘Made in America’ digital assets, including Bitcoin, Cronos, and other cryptocurrencies. If successful, Crypto.com could emerge as a major ETF provider.
Segment 5: Fidelity Files for Spot Solana ETF on Cboe Exchange
In a major move, Fidelity, managing $5.9 trillion in assets, has officially filed for a Spot Solana ETF on the Cboe Exchange. This is a significant step toward institutional adoption. Financial giants like BlackRock and VanEck are also launching new crypto products. If the SEC approves Fidelity’s application, this could pave the way for Solana and other altcoin ETFs!
Segment 6: Ripple Drops Cross Appeal Against SEC; Are XRP-Spot ETFs Next?
In another positive update, the legal battle between Ripple Labs and the SEC is coming to an end. Ripple will pay a $125 million fine, but the SEC will keep only $50 million and return the remaining $75 million. This legal victory could be a big opportunity for XRP ETFs. Giants like 21Shares, Bitwise, and Grayscale have already filed applications for XRP-spot ETFs. If the SEC gives another green light, XRP’s institutional adoption could see significant growth.
Segment 7: BlackRock Debuts Bitcoin Exchange-Traded Product in Europe
For global investors, there’s more good news. The world’s largest asset manager, BlackRock, is launching its first Bitcoin Exchange-Traded Product in Europe. iShares Bitcoin ETP will be traded on Germany’s Xetra, France’s Euronext Paris, and the Netherlands’ Euronext Amsterdam. BlackRock has stated that the fund will initially launch with a low 0.15% fee, signaling an aggressive institutional play.
Closing:
With increasing inflows, the institutional interest in crypto ETFs is rising, and new products like XRP and Solana ETFs are getting closer to regulatory approval. What are your thoughts on crypto ETFs? Let us know in the comments.
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