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US BTC ETFs record biggest inflow since Jan. 14 as AUM remains near peak levels

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Risk assets retreat as BTC, ETH prices drop further, dollar strengthens: Crypto Markets Today

Investors poured cash into the U.S.-listed bitcoin ETFs Monday, proving Wall Street still loves the cryptocurrency despite the recent price turmoil.

The 11 ETFs recorded a total net inflow of $561.8 million, the largest single day buying since Jan. 14, according to data source Farside Investors.

BlackRock’s iShares Bitcoin Trust (IBIT) and Fidelity’s FBTC led the buying, posting inflows of $142 million and $153.3 million, respectively, pointing to sustained demand even as price momentum weakened. Bitcoin fell to nine-month lows over the weekend, scaring markets into anticipating a disorderly price action across global markets on Monday. However, contrary to these fears, markets stabilized somewhat.

The renewed inflows end the near ten-day outflow streak characterized by investors yanking millions as bitcoin declined from around $98,000 to under $75,000.

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A notable divergence still remains. Spot bitcoin is roughly 40% below its October all time high, yet pot ETFs hold about 1.3 million BTC in assets under management, only around 5% below their October peak of 1.37 million BTC, according to checkonchain data.

Still underwater

While the average cost basis across U.S. bitcoin ETFs now sits at approximately $84,099, spot bitcoin trades near $78,000.

Bitcoin has traded below ETF cost bases before, particularly in the second half of 2024, making this an important test of ETF buyer conviction. Should they capitulate, the resulting redemptions could add to bearish pressures in the market.

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Crypto World

Crypto.com Launches OG Prediction Market Platform

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Crypto.com Launches OG Prediction Market Platform

Crypto.com has spun out its prediction markets business, first launched in 2024, into a standalone platform called OG, competing with the likes of Polymarket and Kalshi. 

OG is powered by Crypto.com Derivatives North America (CDNA), a Commodity Futures Trading Commission-registered exchange and clearinghouse and affiliate of Crypto.com

OG said on Tuesday that it is only available in the United States for now.

Entering a ‘deca-billion dollar’ industry

Kris Marszalek, co-founder and CEO of Crypto.com, highlighted the firm’s growth in the prediction market space as the reason for launching a dedicated platform. 

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Crypto.com first announced the launch of a “sports event trading” product for US users in December 2024.

“We’ve experienced 40x weekly growth in our prediction market business over the last six months. This type of growth warrants a concerted effort with a standalone platform.”

Related: Polymarket strikes prediction market deal with major US soccer league

Nick Lundgren, chief legal officer of Crypto.com and new CEO of OG, described prediction markets as a “deca-billion dollar industry.” 

However, OG is entering a crowded space. Coinbase launched its own prediction market platform in the US in partnership with Kalshi in late January, while Hyperliquid proposed plans to expand into prediction markets on Monday. 

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Boom time for prediction markets

OG is debuting amid accelerating growth in prediction markets, with Wall Street exploring event contracts for new use cases beyond blockchain betting.

Prediction markets have seen 130-fold growth, from less than $100 million per month in early 2024 to over $13 billion by the end of 2025, according to International Banker. 

The combined volume for market leaders Polymarket and Kalshi was $37 billion in predictions placed in 2025, and the two platforms raised $3.6 billion in equity investment in 2025.

Meanwhile, prediction market firm revenues are expected to balloon from around $2 billion annually to over $10 billion by 2030, according to the Citizens Financial Group.

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Polymarket and Kalshi volumes, categories, and top markets. Source: DeFi Rate

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