Latest news with #iSharesBitcoinETF
Yahoo
7 days ago
- Business
- Yahoo
Why the Market's Long-Term Outlook is Bullish
Despite the recent flurry of tariff news and economic uncertainty portrayed by pundits, several key indicators are flashing bullish signals, including: The 'GDPNow Model' is a model created by the Federal Reserve Bank of Atlanta to provide a real-time estimate of the current quarter's Gross Domestic Product (GDP) growth. Through its 'Nowcasting' model, the GDPNow Model leverages a purely data-driven model that interprets current data to predict the future instead of simply predicting future economic conditions. Between the first negative GDP reading in several quarters, an escalating trade war, and negative sentiment, the GDP picture looked quite bleak. However, the current market environment illustrates why savvy investors rely on data-driven predictive models to eliminate bias and find the hard truth. In the latest reading, the GDPNow Model for real GDP growth (seasonally adjusted annual rate) in Q2 2025 is a robust 3.8%, up from 2.2% in the last reading. Image Source: Federal Reserve Bank of Atlanta The PCE Price Index (Personal Consumption Expenditures) number was released Friday. The reading came in at a 2.1% gain year-over-yea,r which was softer than Wall Street expected. The key inflation rate hit a 4-year low. Image Source: FRED Meanwhile, 'Supercore PCE,' which measures the price of 'core services,' saw its first negative reading since COVID. The latest inflation reading shows that President Trump's tariff policy has not negatively impacted prices (at least yet.) With PCE near the Fed's 2% target, investors should expect rate cuts in 2025 – a bullish development for stocks. Bull markets are driven by high-growth industries, and currently, the industry with the most innovation and the highest growth potential is the artificial intelligence (AI) space. Within the AI industry, Nvidia (NVDA), thesemiconductor leader, is the most important stock. In fact, without Nvidia's GPUs, it's impossible to be an AI leader. The company's earnings report in late May showed that there is plenty of room for the industry left to grow. Revenue bolted 69% year-over-year to $44 billion despite a $4.45 billion charge attributed to H20 product export restrictions to China. Despite the uncertainty in the macro trade environment, Zacks Consensus Analyst Estimates suggest that top and bottom-line growth will continue to grow at a healthy clip in the mid-double-digits. Image Source: Zacks Investment Research Meanwhile, other AI industry leaders echo Nvidia's significant growth. For instance, fellow AI leader and recent IPO CoreWeave (CRWV) reported Q1 revenue of $982 million, a fourfold year-over-year increase. Meanwhile, the Amazon (AMZN) AWS Chief reported Friday that AI cloud sales have reached multiple billions. Bitcoin and bitcoin proxies like iShares Bitcoin ETF (IBIT) have been valuable tools for investors to leverage as a leading indicator. For instance, IBIT topped on December 17th, 2024, well before the S&P 500 Index topped in February 2025. Now, IBIT is breaking out to new highs well before the major US equity indices. Could they follow next? Image Source: Zacks Investment Research Meanwhile, other risk-on areas of the market are showing that the 'animal spirits' are alive and well. For example, quantum computing leader D-Wave Quantum (QBTS) is up nearly 70% year-to-date. Image Source: Zacks Investment Research The general market exhibits a massive change of character over just the past month or two. For instance, Friday, President Trump said on social media that 'China's has totally violated its agreement with the US.' Earlier in the year, stocks would have plunged on this news. However, this time, the market opened lower by around 1%, only to quickly find buyers and finish the session green. Brushing off bad news is a hallmark of a bull market and is a subtle clue for savvy investors that the market is resilient. Now, the S&P 500 is setting up a picture-perfect daily bull flag pattern. Image Source: TradingView Bottom Line The confluence of strong economic indicators, the AI revolution, and the market's resilient behavior point to a market where bulls are in control. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Inc. (AMZN) : Free Stock Analysis Report NVIDIA Corporation (NVDA) : Free Stock Analysis Report D-Wave Quantum Inc. (QBTS) : Free Stock Analysis Report CoreWeave Inc. (CRWV) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
20-05-2025
- Business
- Yahoo
Spot Bitcoin ETFs to Buy With $100 and Hold Forever
iShares, Fidelity, and Bitwise offer the most accessible spot Bitcoin ETFs for new crypto investors. The iShares Bitcoin ETF is the largest and most liquid option in the market. Bitwise donates a portion of ETF profits to support Bitcoin's core developers. 10 stocks we like better than iShares Bitcoin Trust › Traditional-minded investors have been able to invest in Bitcoin (CRYPTO: BTC) via exchange-traded funds (ETFs) since January 2024. There are 11 spot Bitcoin ETFs on the market today, and they are pretty much the same thing in many ways. But if you want to get started with Bitcoin investing from this angle, putting a modest $100 to work for the long haul, I can't recommend all 11 ETFs. Some of the funds are lightly traded and not widely held. Getting a fair price for these ETFs is a bit more difficult, and you never know how long the fund's sponsor will continue to manage an unpopular fund. Others are priced above $100. Some stock brokerages will let you buy fractional shares of stocks and ETFs, but others don't. So if you have a strict $100 Bitcoin investing budget, these funds may be out of reach right now. Being index funds at heart, most of these spot Bitcoin ETFs come with minimal expense ratios. However, a few funds charge much higher management fees, making them unsuitable for long-term investing. These filters leave me with a short list of three suitable spot Bitcoin ETFs. These are the Bitcoin-tracking funds an intrepid long-term investor can buy for less than $100 as of May 19, 2025. The three funds under my microscope have delivered almost identical returns over the last year -- as expected. After all, they are all trying to match the real-time price changes of the underlying Bitcoin asset. They do it in slightly different ways, though. The market-leading iShares Bitcoin Trust (NASDAQ: IBIT) and the smaller Bitwise Bitcoin ETF (NYSEMKT: BITB) are true index funds, basing their Bitcoin price estimates on the same price-tracking index. The Fidelity Wise Origin Bitcoin Fund (NYSEMKT: FBTC), on the other hand, generates its own Bitcoin price reports by spot-checking six large cryptocurrency exchanges. The results are similar, and both methods are robust; Fidelity just does a bit more homework than the other two fund managers. The iShares, Bitwise, and Fidelity Bitcoin funds all come with reasonable management fees. There are some surprises in this area, though. You might expect Fidelity to charge a little more to cover the company's more intense Bitcoin price tracking. Bitwise and iShares simply look at an official index, while Fidelity checks Bitcoin prices at six trading exchanges every 15 seconds. But the Fidelity ETF's management fees are 0.25%, exactly matching the iShares fund's expense rate. As it turns out, Fidelity automates its more direct price-tracking system. The lowest fee in this trio comes from the Bitwise fund, where the annual expense rate stops at 0.20%. The Bitwise team simply pockets slightly lower profits than financial powerhouses like Fidelity and iShares manager BlackRock do. Furthermore, Bitwise donates 10% of its gross profits to Bitcoin's core developers. This way, Bitwise and this Bitcoin ETF's investors provide some direct financial support to keep the Bitcoin system safe, secure, and up to date. A $100 investment is a small bet for so-called Bitcoin maximalists, who expect the cryptocurrency to deliver massive returns over time. Buying Bitcoin directly is always an option, though you need to open and fund an account with a crypto-trading platform first. These three ETFs discussed should be available on any stock-trading service. They are reasonable investment vehicles for investors just dipping their toes in the cryptocurrency pool for the first time. The iShares Bitcoin ETF is the largest and most liquid option. Everybody knows the iShares name, managed by financial services giant BlackRock. There's a sense of additional security in relying on the most popular option. Fidelity is also a well-known financial services name, giving its spot Bitcoin ETF a sheen of extra credibility. Going the extra mile to generate Bitcoin price reports can also be a selling point. Finally, Bitwise entered this discussion from a different angle. The company was a crypto expert first, and an ETF manager much later. I like this team's commitment to supporting the Bitcoin developer community, and you can't go wrong with the lowest available management fees. Any of these three spot Bitcoin ETFs can serve as effective starting points for new Bitcoin investors. You can't go wrong with any of them, as long as you accept the price swings and volatility that come with Bitcoin investments in 2025. Before you buy stock in iShares Bitcoin Trust, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and iShares Bitcoin Trust wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $642,582!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $829,879!* Now, it's worth noting Stock Advisor's total average return is 975% — a market-crushing outperformance compared to 172% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of May 19, 2025 Anders Bylund has positions in Bitcoin, Bitwise Bitcoin ETF Trust, and iShares Bitcoin Trust. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has a disclosure policy. Spot Bitcoin ETFs to Buy With $100 and Hold Forever was originally published by The Motley Fool
Yahoo
20-05-2025
- Business
- Yahoo
Major Hedge Fund Adds $291 Million In Bitcoin ETFs As Market Records Substantial Inflows
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Trading powerhouse Susquehanna International Group continues to maintain substantial cryptocurrency exposure through ETFs, according to recent regulatory disclosures. The financial giant added approximately $291 million in Bitcoin ETFs, with the majority appearing to come from BlackRock's iShares Bitcoin ETF (NYSE:IBIT). Susquehanna International Group, one of Wall Street's most sophisticated trading firms, disclosed holdings of approximately $291 million in Bitcoin ETFs in their recent announcement on Wednesday. This follows their significant move in Q1 2024, when the firm purchased more than $1 billion worth of shares in spot Bitcoin ETFs. Don't Miss: — no wallets, just price speculation and free paper trading to practice different strategies. Grow your IRA or 401(k) with Crypto – . According to their latest SEC filing, Susquehanna's total Bitcoin ETF holdings now stand at approximately $1.3 billion, representing over 17.5 million shares across various funds. The firm's substantial investment signals continued institutional confidence in regulated cryptocurrency investment vehicles. Susquehanna already trades a wide variety of cryptocurrency instruments, including spot, futures, swaps, options, and ETFs on various cryptocurrencies across global exchanges. Susquehanna's investment comes amid rising global interest in digital assets and increased regulatory clarity in the U.S. financial sector. Their strategic allocation to Bitcoin ETFs aligns with the growing trend of financial giants embracing blockchain technology and cryptocurrency as key elements of diversified portfolios. For institutional investors like Susquehanna, Bitcoin ETFs offer several advantages: Regulatory Clarity: ETFs provide exposure to Bitcoin through a familiar, regulated investment vehicle. Custody Solutions: ETFs eliminate the need for institutions to handle direct cryptocurrency custody, a significant operational and security concern. Integration with Existing Systems: ETFs slot easily into current investment frameworks, trading platforms, and reporting systems. Liquidity Access: These products offer institutional-grade liquidity for large position entries and exits. It's important for investors to understand the broader context of Susquehanna's Bitcoin strategy. The firm has maintained significant exposure to Bitcoin for years, establishing positions at much lower price levels than today's market. Their long-term approach to cryptocurrency investment suggests they have a high tolerance for market volatility. While their additional $291 million investment signals continued confidence, investors should exercise caution in interpreting this as a signal for immediate price appreciation. As an experienced market maker and trading firm, Susquehanna is likely comfortable with potential short-term drawdowns on their recent purchases. Trending: New to crypto? on Coinbase. For the average investor, Susquehanna's continued investment provides validation of institutional interest in the space, but should not be misinterpreted as a timing signal for short-term market movements. Their willingness to add to positions even after significant price appreciation demonstrates confidence in the asset class's long-term prospects, regardless of interim volatility. The broader market continues to embrace these investment vehicles enthusiastically. As of May 14, Bitcoin ETFs recorded impressive net inflows of $319.5 million in a single day. The breakdown of these flows reveals interesting investor preferences: BlackRock's iShares Bitcoin Trust, dominated with $232.9 million in inflows Fidelity Wise Origin Bitcoin Fund (NYSE:FBTC) attracted $36.1 million Bitwise Bitcoin ETF Trust (NYSE:BITB) added $2.8 million ARK 21Shares Bitcoin ETF (NYSE:ARKB) saw $5.2 million in new investments Valkyrie Bitcoin Fund (NASDAQ:BTCW) had no reported flows ProShares Bitcoin Strategy ETF (NYSE:BTC) received $35.2 million VanEck Bitcoin Trust (CBOE BZX: HODL) attracted $7.3 million Notably, Grayscale's GBTC recorded no inflows, continuing its pattern since converting to an ETF structure earlier this year. For retail investors watching these institutional moves, there are several key takeaways: Institutional Validation: The continued investment from major firms like Susquehanna provides further legitimacy to Bitcoin as an asset class. ETF Convenience Factor: The strong inflows into Bitcoin ETFs highlight their appeal as a convenient way to gain cryptocurrency exposure without dealing with wallets, keys, or direct custody concerns. Market Maturation: The consistent investment patterns signal a maturing market with increased comfort among both institutional and retail investors. As Bitcoin continues to establish itself as a mainstream financial asset, ETFs are playing a crucial role in broadening access for various investor types. Susquehanna's significant holdings represent just one example of how institutional capital continues to find its way into the cryptocurrency ecosystem through regulated investment products. For the average investor, Bitcoin ETFs provide a familiar, regulated pathway into cryptocurrency markets, as evidenced by the consistent inflows they continue to attract. The continued participation of sophisticated players like Susquehanna suggests these investment vehicles are becoming an increasingly important part of the financial landscape. Read Next: A must-have for all crypto enthusiasts: . 'Scrolling To UBI' — Deloitte's #1 fastest-growing software company allows users to earn money on their phones. Image: Shutterstock Send To MSN: 0 This article Major Hedge Fund Adds $291 Million In Bitcoin ETFs As Market Records Substantial Inflows originally appeared on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
20-05-2025
- Business
- Yahoo
Major Hedge Fund Adds $291 Million In Bitcoin ETFs As Market Records Substantial Inflows
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Trading powerhouse Susquehanna International Group continues to maintain substantial cryptocurrency exposure through ETFs, according to recent regulatory disclosures. The financial giant added approximately $291 million in Bitcoin ETFs, with the majority appearing to come from BlackRock's iShares Bitcoin ETF (NYSE:IBIT). Susquehanna International Group, one of Wall Street's most sophisticated trading firms, disclosed holdings of approximately $291 million in Bitcoin ETFs in their recent announcement on Wednesday. This follows their significant move in Q1 2024, when the firm purchased more than $1 billion worth of shares in spot Bitcoin ETFs. Don't Miss: — no wallets, just price speculation and free paper trading to practice different strategies. Grow your IRA or 401(k) with Crypto – . According to their latest SEC filing, Susquehanna's total Bitcoin ETF holdings now stand at approximately $1.3 billion, representing over 17.5 million shares across various funds. The firm's substantial investment signals continued institutional confidence in regulated cryptocurrency investment vehicles. Susquehanna already trades a wide variety of cryptocurrency instruments, including spot, futures, swaps, options, and ETFs on various cryptocurrencies across global exchanges. Susquehanna's investment comes amid rising global interest in digital assets and increased regulatory clarity in the U.S. financial sector. Their strategic allocation to Bitcoin ETFs aligns with the growing trend of financial giants embracing blockchain technology and cryptocurrency as key elements of diversified portfolios. For institutional investors like Susquehanna, Bitcoin ETFs offer several advantages: Regulatory Clarity: ETFs provide exposure to Bitcoin through a familiar, regulated investment vehicle. Custody Solutions: ETFs eliminate the need for institutions to handle direct cryptocurrency custody, a significant operational and security concern. Integration with Existing Systems: ETFs slot easily into current investment frameworks, trading platforms, and reporting systems. Liquidity Access: These products offer institutional-grade liquidity for large position entries and exits. It's important for investors to understand the broader context of Susquehanna's Bitcoin strategy. The firm has maintained significant exposure to Bitcoin for years, establishing positions at much lower price levels than today's market. Their long-term approach to cryptocurrency investment suggests they have a high tolerance for market volatility. While their additional $291 million investment signals continued confidence, investors should exercise caution in interpreting this as a signal for immediate price appreciation. As an experienced market maker and trading firm, Susquehanna is likely comfortable with potential short-term drawdowns on their recent purchases. Trending: New to crypto? on Coinbase. For the average investor, Susquehanna's continued investment provides validation of institutional interest in the space, but should not be misinterpreted as a timing signal for short-term market movements. Their willingness to add to positions even after significant price appreciation demonstrates confidence in the asset class's long-term prospects, regardless of interim volatility. The broader market continues to embrace these investment vehicles enthusiastically. As of May 14, Bitcoin ETFs recorded impressive net inflows of $319.5 million in a single day. The breakdown of these flows reveals interesting investor preferences: BlackRock's iShares Bitcoin Trust, dominated with $232.9 million in inflows Fidelity Wise Origin Bitcoin Fund (NYSE:FBTC) attracted $36.1 million Bitwise Bitcoin ETF Trust (NYSE:BITB) added $2.8 million ARK 21Shares Bitcoin ETF (NYSE:ARKB) saw $5.2 million in new investments Valkyrie Bitcoin Fund (NASDAQ:BTCW) had no reported flows ProShares Bitcoin Strategy ETF (NYSE:BTC) received $35.2 million VanEck Bitcoin Trust (CBOE BZX: HODL) attracted $7.3 million Notably, Grayscale's GBTC recorded no inflows, continuing its pattern since converting to an ETF structure earlier this year. For retail investors watching these institutional moves, there are several key takeaways: Institutional Validation: The continued investment from major firms like Susquehanna provides further legitimacy to Bitcoin as an asset class. ETF Convenience Factor: The strong inflows into Bitcoin ETFs highlight their appeal as a convenient way to gain cryptocurrency exposure without dealing with wallets, keys, or direct custody concerns. Market Maturation: The consistent investment patterns signal a maturing market with increased comfort among both institutional and retail investors. As Bitcoin continues to establish itself as a mainstream financial asset, ETFs are playing a crucial role in broadening access for various investor types. Susquehanna's significant holdings represent just one example of how institutional capital continues to find its way into the cryptocurrency ecosystem through regulated investment products. For the average investor, Bitcoin ETFs provide a familiar, regulated pathway into cryptocurrency markets, as evidenced by the consistent inflows they continue to attract. The continued participation of sophisticated players like Susquehanna suggests these investment vehicles are becoming an increasingly important part of the financial landscape. Read Next: A must-have for all crypto enthusiasts: . 'Scrolling To UBI' — Deloitte's #1 fastest-growing software company allows users to earn money on their phones. Image: Shutterstock Send To MSN: 0 This article Major Hedge Fund Adds $291 Million In Bitcoin ETFs As Market Records Substantial Inflows originally appeared on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
29-04-2025
- Business
- Yahoo
BlackRock's IBIT Sees Second-Largest Bitcoin Inflow Since Launch, Nearing $1 Billion
The BlackRock iShares Bitcoin (BTC) Trust ETF (IBIT) saw $970.9 million in inflows, marking its second-largest net inflow since launching in January 2024, according to Farside data. Monday accounted for $591.2 million in new capital, which saw heavy outflows from competitors: Fidelity's FBTC lost $86.9 million, Bitwise's BITB dropped $21.1 million, and ARK's ARKB saw $226.3 million in outflows. The rise comes alongside a 7.2% rise in BTC over the past seven days with it now trading at $94,900. Since April 22, IBIT has amassed over $4.5 billion in net inflows, bucking the market trend. Industry experts have taken note. Nate Geraci, President of The ETF Store, remarked: "Nearly $1 billion into iShares Bitcoin ETF today... Second-largest inflow since January 2024 inception. I still remember when there was 'no demand'." Eric Balchunas, Senior Bloomberg ETF Analyst, added: "ETFs are in two-steps-forward mode after taking one step back, exactly the pattern we predicted." Meanwhile, in derivatives markets, open interest (OI) on CME Bitcoin Futures continues to fall, now sitting at 132,750 BTC after four consecutive days of decline, according to CME data. The recent decline in open interest could be coming to an end, as the annualized basis yield has climbed from around 5% to 9% in April, according to Velo data. This resurgence in basis trade profitability could prompt renewed activity and a short-term rebound in open interest. Why it matters: In a typical basis trade, investors buy spot bitcoin and short bitcoin futures to lock in the price gap. When the yield is high, demand for futures rises, boosting OI. As the yield shrinks, fewer traders engage in the strategy, leading to declining open interest and signaling reduced leverage in the market.