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Самые бурные события 2024 года позади. Инвесторы тоже люди и, видимо, уже готовятся к Новому году. Ценовые движения на крипторынках замедлились, а инициатива от покупателей плавно перетекла к продавцам.

Vivek Ramaswamy’s Strive Asset Management is joining the ETF bandwagon by formally filing the Strive Bitcoin Bond ETF with the Securities and Exchange Commission (SEC). In a 475A filing submitted on December 26th, Strive aims to leverage the changing investment landscape favoring Bitcoin, digital assets, and the blockchain.

According to the prospectus shared on the SEC website, the Strive team aims to offer investors access to MicroStrategy’s convertible funds. These funds are now popular thanks to a friendly political climate and the expected passage of friendly crypto regulations.

Strive’s primary investment strategy is to allocate at least 80% of its funds to Bitcoin, with the remaining on short-term money market instruments, like US government securities.

Strive’s first of many planned Bitcoin solutions will democratize access to Bitcoin bonds, which are bonds issued by corporations to purchase Bitcoin. We believe these bonds provide attractive risk-return exposure to Bitcoin, yet they are not available to be purchased by most… pic.twitter.com/F7oiKDuDb7

— Strive (@StriveFunds) December 26, 2024

Strive Takes A Bold Step Towards Bitcoin-First Policy

Strive takes a bold investment step at a time when Bitcoin and digital assets are becoming more popular in the financial market. Michael Saylor’s MicroStrategy, which leads the industry in Bitcoin adoption, has become the template for many up-and-coming investment houses looking to succeed.

Strive’s prospectus highlights its investing strategy that leverages MicroStrategy’s successes. A MicroStrategy-based Bitcoin investment thesis is now a popular template for many, and it helps Bitcoin continue to test the $100k level. In addition, there are also expectations that a Donald Trump presidency will be beneficial for the crypto niche.

Through its CEO, Matt Cole, Strive Funds has supported a Bitcoin strategy. In a recent statement, Cole explained that the company is exploring investments that will fit the current Bitcoin and blockchain-friendly administration.

In preparation for its involvement with Bitcoin ETF bonds, Strive has published a Bitcoin Primer on its official website, explaining the basics, including history.

Strive files for “Bitcoin Bond” ETF…

Would seek exposure to convertible securities issued by MicroStrategy. pic.twitter.com/ybJjbVFWUN

— Nate Geraci (@NateGeraci) December 26, 2024

Strive Investments Bitcoin Bonds ETF Strategy

According to its prospectus, Strive’s Fund is an actively managed ETF whose team will invest its assets through derivative instruments, options, and swaps to gain exposure to the convertible securities of MicroStrategy.

As part of its plan, the fund will invest at least 80% of its funds in Bitcoin. Strive, founded in 2022 by Ramaswamy, uses MicroStrategy as its benchmark, being the world’s largest and original Bitcoin treasury company. In short, Strive is offering its investors an opportunity to invest and potentially earn from Bitcoin without owning it or even enduring its highly volatile nature.

In addition to direct investments in Bitcoin, the company aims to specialize in other Bitcoin-related products to diversify its portfolio.

Bitcoin And Blockchain Continue To Gain Acceptance Among Firms

Using MicroStrategy’s investments as a template, Strive joins other firms to test new investment strategies that fit today’s financial developments.

Strive’s interest in Bitcoin ETFs will be helped by Ramaswamy’s background and his closeness to Trump’s administration. Along with Elon Musk, Ramaswamy was appointed to head a new agency called D.O.G.E., which aims to promote government efficiency.

Featured image from The Motley Fool, chart from TradingView

2024 seems set to go out with a sigh, rather than a bang.

After a hectic two months during which $BTC saw record-setting, all-time highs and the crypto market cap surged dramatically, investors have settled down considerably.

It was only September – barely four months ago – when investor confidence, as measured by the Crypto Fear & Greed Index, was at a yearly low of 26.

In November, it peaked at 85 – ‘Extreme Greed’, and extremely good for investors and markets alike.

The market now sits at a steady 54 – decidedly ‘Neutral’, not leaning one way or the other.

But behind the scenes, the market’s as frantic as ever. Here are the 5 best altcoins to buy as $BTC’s price bounces up from its monthly low.

$SOLX – A Solaxy Not Far Away

The time is now, not long long ago, and the galaxy isn’t far away at all. It’s actually right next door, on the Solana blockchain.

That’s right, Solaxy aims to launch the first-ever Solana Layer-2 solution. No failed transactions, faster processing than ever, less congestion. It’s a Solana upgrade that can’t be missed.

The boosters are getting hot on the presale – the project has already blown past the $6M mark.

The project features a balanced tokenomics structure and promises enough utility to set it apart from typical meme coin offerings.

There’s no better time to go intergalactic. 

$MEMEX – The First-Ever Meme Coin Index

Having just launched its presale, the world’s ‘first decentralized meme coin index’ is starting to build some early momentum.

The idea is simple:

1. Put all the meme coins in one place.
2. Watch them like a hawk.
3. Profit.

$MEMEX is part of a growing trend of meme coins that seek to combine cultural appeal with real-world utility. It aims to categorize meme coins into four indices, each offering a different volatility level.

As it currently stands, the $MEMEX presale has gathered nearly $600K in just a few days, fueled by multi-k token purchases, with the promise of far bigger things to come. This means now is the perfect time to jump into the project.

$PENGU – Penguins Shuffle To Big Gains

Up 42% in a single week, $PENGU continues to make massive gains in the crypto world.

Pudgy Penguins began in 2021 as an NFT collection and benefited from an avid collector’s community. After the successful launch of the $PNEGU token in 2024, there’s now a shop with real-world merchandise to build on the digital hype.

$PENGU adds a bird of a different feather to other noteworthy meme coins. The combo of NFTs, merchandise, and now a leading token with a $2B+ market cap makes Pudgy Penguins a noteworthy project to watch.

$WEPE – Wall Street’s Green Frog Marches On

Wall Street Pepe continues to build on its ongoing and successful presale, with a whopping $36M raised.

Investors keep flooding in with big buys including a recent $42K purchase. 

$WEPE promises investor insights and a vibrant trading community, but its key appeal lies in its meme coin combo tagline, ‘Trade like PEPE, buy WEPE!’

 

It’s a golden opportunity for meme enthusiasts and investors, alike. $WEPE follows on the continued success of the original $PEPE and of newcomers like Pepe Unchained ($PEPU), which surpassed a $38M market cap. 

Could $WEPE be the next big green boss?

$FARTCOIN – Meme Coin with a $1B Market Cap

It’s not every day you see a meme coin hit the $1B mark, and it’s always big news when it happens.

$FARTCOIN currently trades at $1.04; up 180% in the past month, with little sign that the momentum is flagging. Circulating supply is also at the 1B mark, putting Fartcoin in an interesting position; it could go nowhere – or it could explode even further.

That potential makes Fartcoin one of the more intriguing meme coins in the current market.

Big Meme Coin Potential for 2025

$BTC’s price prediction for the next decade looks promising, and its continued success will only spell good things for the meme coin market.

Keep your eyes on these coins. Each project listed here has major potential for the new year and looks set to end the season on a positive note. But don’t take our word for it; visit their official pages and do your own research.

The Best Wallet presale has raised over $5.8M. In the four days before Santa did his rounds, it garnered an additional $500K, easing any ‘Decembear’ doubts. 

Still, this month has presented unfavorable times for the broader crypto market. On December 17, $BTC was valued at a hefty $108K, but it’s dropped by 12.5% since and is now trading at $96K. 

Digital assets often rise and fall depending on the crypto king Bitcoin’s performance. However, it’s not deterred $BEST from attracting new investor interest, thanks to it being the bedrock of a novel crypto wallet. 

Crypto Market Suffers Amid US Interest Rate Uncertainties 

Many factors have contributed to the wider crypto market’s downturn – one of which is the US Federal Reserve’s hawkish stance on interest rate cuts in 2025. 

The Fed might slash interest rates only twice next year, possibly resulting in tighter liquidity in traditional finance (TradFi) and decentralized finance (DeFi) markets. 

Such uncertainty has contributed to many major meme coins dropping in value this past week, including: 

• $PEPU (–25%) 
• $HOPPY (–25%) 
• $PEPECOIN (–12%) 

However, a Santa rally might create a bullish lift by the end of this year, potentially boosting investment sentiment in coins like $CHO, $DOGE, and $ARB.

Additional good indicators for the new year include ‘Crypto President,’ Donald Trump, assuming office on January 20, plus, Paul Atkins taking over Gary Gensler’s role as the US Securities and Exchange Commission (SEC) chair. 

Gary Gensler’s strict regulations have hindered Web3 innovation over the past years, creating uncertainty for investors and creators alike. Atkins, by comparison, is much more crypto-friendly.  

Trump is also pushing for a Bitcoin reserve, which is projected to drive the price of $BTC to greater heights and offset US debt. 

To make the most of these developments, however, investors need a trustworthy crypto wallet like Best Wallet. 

$BEST Unlocks Promising Early Projects

Best Wallet’s new altcoin project offers better pricing for users swapping digital assets because it integrates with 200+ decentralized exchanges (DEXs) and 60+ blockchain networks, including Bitcoin, Ethereum, and Solana. 

Another bonus is its off-ramping functionality. Best Wallet users can seamlessly convert crypto into 100+ fiat currencies (including $USD, $EUR, and $GBP) and directly deposit funds into their chosen bank accounts.

Nevertheless, its standout feature is ‘Upcoming Tokens,’ which spotlights promising presales before they attract mainstream attention. Users can join these low-cap new projects at their lowest-ever prices. 

Showing the power of this functionality, it featured Pepe Unchained while on presale for just $0.00992, which later spiked to $0.06858 – a commendable 591% gain for early investors. 

It also features Crypto All-Stars ($STARS), whose presale started at just $0.00138 and has achieved an impressive 1373.91% return since being listed on major exchanges. 

How to Join the Best Wallet Presale

Joining the Best Wallet presale is straightforward. Head to the official website, connect your crypto wallet to the widget, and buy tokens using a variety of currencies, including $ETH, $USDT, $FLOKI, and $BNB.

$BEST can also be acquired directly from the Best Wallet app, available on Google Play and the Apple App Store using fiat or crypto, currently for just $0.023375. However, you must swap $ETH or $USDT for the token. 

Notably, you can integrate existing crypto wallets, like MetaMask, into Best Wallet to manage all your crypto assets in one safe space. 

For more information, follow Best Wallet on X and Discord.

Visit Best Wallet today.

Disclaimer: This isn’t financial advice. Be sure to always do your own research and never invest more than you can afford to lose. 

Сооснователь Эфириума Виталик Бутерин направил пожертвование размером 88 эфиров на сумму 10 млн тайских бат ($293 000) зоопарку Khao Kheow Open Zoo в Таиланде, став официальным «приемным отцом» карликового бегемота Му Дэна (Moo Deng), прославившегося благодаря мемам.

Following the recent upswing in Bitcoin’s price, old and new investors are beginning to demonstrate robust confidence in its long-term potential. This is evidenced by an increase in interest and accumulation of the digital asset as it draws closer to resistance levels that are crucial for its next major move.

Realized Cap Of Bitcoin At Historical Level

Despite heightened volatility in the past few days, Bitcoin’s Realized Capitalization has grown significantly, reaching previous high levels according to advanced investment and on-chain data platform Alphractal, sparking optimism among investors.

After a thorough investigation, Alphractal noted that BTC’s realized cap has risen to the same resistance level seen in 2019 and March 2024, indicating a similar price action. The realized cap surging to previous highs indicates the digital asset’s strong resilience, offering a promising outlook for the crypto market.

Specifically, this is demonstrated by the Long Term Realized Cap Impulse, which provides insights into supply and demand dynamics by analyzing changes in realized capitalization over the long term. By concentrating on longer time frames, the measure makes it possible to have a better understanding of how long-term patterns impact price movements and market mood.

Furthermore, it highlights the significance of large capital movements and aids in identifying trends that might not be evident in assessments conducted over the short term. As a result, the long-term realized cap impulse offers a novel method of analyzing demand from an on-chain standpoint.

Addressing the realized cap impulse indicator, the platform highlighted that this metric, which tracks shorter-term fluctuations, shows that market enthusiasm has not yet materialized. With enthusiasm absent in the market, this may imply that there is still room for growth or that BTC moves have already been significant during the past 12 months.

Monitoring this metric could be crucial in determining market behavior and price performances in the ongoing bull cycle. This is because an increase in the measure suggests a more optimistic and dynamic market forecast, whereas a fall might have a negative impact on Bitcoin’s price.

BTC’s Price Dropping Toward Previous Support Points

Bitcoin recently experienced a slight rebound, nearly reaching the $100,000 threshold after dropping as low as $92,800 on December 20. However, the crypto asset has failed to maintain this upward momentum, falling to previous support levels such as the $96,000 mark.

Considering past trends, there is speculation that this drop could be part of a much larger correction expected to occur in the coming weeks. Many crypto analysts foresee a 30% pullback, prompting a decline in BTC’s price to March 2024 highs.

While Bitcoin wanes persistently, investors’ optimism appears to be gradually returning to the market. In the past day, BTC‘s trading volume has increased by almost 24%, indicating rising confidence in the asset.

Генеральный директор компании CryptoQuant заявил, что медвежий тренд на рынке биткоина еще не сформировался. Фаза пузыря наступит, когда стоимость актива превысит притоки капитала, считает эксперт.

The Fear & Greed Index shows the crypto market is indecisive (or cooling off after the pre-holiday rush). $BTC stands at $94K, $ETH at $3.3K, and $XRP at $2.14. Most tokens were in the red this week, but that doesn’t mean there’s no hope for a bullish turn.

Seasoned traders know you should always buy the dip. They also know to buy early, as evident from the frenzy around presales like Solaxy ($SOLX), Flockerz ($FLOCK), and Meme Index ($MEMEX).

Let’s unpack the cryptocurrency market’s state today – and what early-stage altcoin projects might secure your tomorrow.

Crypto Prices Update: $BGB & $PENGU Rise, $XRP Struggles

$BTC dipped 6% after it failed to break above the $101K resistance zone yesterday. The monthly high of $108K appears out of reach in the near future, but things may change when Trump steps into office.

$ETH’s performance was not unlike $BTC’s. Turbulent is the word. $XRP had it the worst – despite the number of XRP wallets growing, the token could only briefly cross the $2.28 zone this week.

Bitget Token ($BGB) is the undisputed top gainer with a recent price surge to around $7.68 and a market cap of approximately $10.75 billion. Other weekly leaders include FTX Token ($FTT), Virtuals Protocol ($VIRTUAL), Zcash ($ZEC), and Pudgy Penguins ($PENGU). The latter is now the fifth-largest meme coin by market cap, above $WIF and $FLOKI.

On the other hand, $FARTCOIN lost 13.22% of its value – not that it’s surprising for meme coins relying solely on speculation.

Among categories, we’ve witnessed a spike in interest for exchange-based (+6.6% market cap change) and AI (+17%) tokens. Cat-themed tokens like $POPCAT and $MOG are losing ground to the dog pack, like $WIF and $FLOKI.

Early Bird Gets the Worm

It’s not easy to jump on a train that departed in 2009. $BTC may still offer long-term potential, but it’s unlikely to surge like fresh meme coins – at least in the short term.

That’s why gutsy investors turn to presale crypto. Lower entry points and higher staking rewards allow you to amplify potential returns.

$SOLX is one such project. Within two weeks from launch, it raised $6M and garnered over 30K X followers. The reason? Solaxy is the world’s first Solana Layer-2 solution for meme coins. It promises no more congestion, high fees, and failed transactions.

While $FLOCK may not boast $SOLX’s rapid fundraising pace, its community-centered governance model gives it the potential for sustained growth. The revolutionary Vote-to-Earn system lets you earn tokens by voting on project development proposals.

In 26 days, $FLOCK will list on DEXs at a higher price, so now is the last chance to secure your share of tokens at $0.00653.

$MEMEX continues the trend of meme coins with real utility. Every investor’s biggest hurdle is picking which project to bet on. Meme Index helps to diversify your portfolio and spread the risk.

It achieves this with 4 meme coin indexes catering to different risk appetites: Titan is the least volatile and features top coins like $DOGE and $SHIB; Moonshot and MidCap include mid-tier tokens; and Frenzy offers the highest potential returns through new projects.

The presale had just kicked off and has already raised $577K. One $MEMEX now costs $0.0146285, but the price will increase shortly.

Stay Grounded in This Volatile Market

Suspicions are high that the current market state is just a temporary correction, not the end of the bull run. And it could, in fact, be an opportune time to grow your portfolio at discounted prices.

Remember to do your own research and diversify your investments. No project can guarantee returns, so invest only as much as you can potentially lose.

Инженер, потерявший на мусорной свалке жесткий диск с 8000 биткоинами в 2013 году, заявил, что добивается отмены запрета на раскопки этой свалки или возмещения стоимости имущества.

Министерство юстиции США обвинило 29-летнего гражданина Бразилии Джуниора Барроса Де Оливейру (Junior Barros De Oliveira) в вымогательстве биткоинов в обмен на данные, украденные у бразильского филиала компании из Нью-Джерси.

Bitwise, a leading digital asset management firm, has lodged a new registration statement with the US Securities and Exchange Commission (SEC), dated December 26, 2024, seeking approval for the “Bitwise Bitcoin Standard ETF.” The filing describes a fund that aims to invest in publicly traded companies that hold significant amounts of BTC on their balance sheets or derive a substantial part of their revenue from BTC-related activities.

“The Adviser believes that investing in equities of companies with substantial BTC-related business or assets can provide exposure to the performance of Bitcoin while mitigating challenges such as custody, regulatory constraints, and liquidity concerns,” the document states.

Investing In Bitcoin’s Big Players

Central to the proposal is a strict eligibility framework. Only companies that hold at least 1,000 BTC in reserves qualify for inclusion, and they must maintain a market capitalization of no less than $100 million. Daily trading liquidity must exceed $1 million, and the portion of company stock that remains privately held must be under 10%.

These criteria are designed to ensure the ETF’s exposure is concentrated in established corporations genuinely committed to Bitcoin in both strategy and treasury. Bitwise underscores that this approach helps protect investors from liquidity risks and potential governance issues.

One of the standout features in the filing is Bitwise’s decision to deviate from traditional market-cap weighting. Instead, the Bitcoin Standard ETF applies a weighting approach based on each company’s market value of BTC holdings, subject to a cap of 25% per firm.

This mechanism effectively places greater emphasis on the magnitude of a company’s BTC treasury rather than its overall size or revenue: “The Fund’s weighting process will focus on the estimated market value of each company’s Bitcoin reserves, with individual constituents capped to avoid excessive concentration.”

For instance, MicroStrategy, a publicly traded business intelligence firm, currently boasts an estimated 444,262 BTC in its reserves. Despite the company’s market capitalization being significantly smaller than that of Tesla, MicroStrategy’s sizeable Bitcoin treasury would assign it a potentially higher weighting than Tesla, which holds approximately 11,509 BTC.

The filing also reveals that the fund will invest at least 80% of its net assets in equity securities of what Bitwise dubs Bitcoin Standard companies, while retaining flexibility to hold short-term instruments such as cash for liquidity purposes. “Under normal market conditions, the Fund intends to invest at least 80% of its net assets in the equity securities of companies that hold significant BTC on their balance sheets or generate a material portion of their revenues from Bitcoin-related activities,” the filing states.

The reactions from the community were overwhelmingly positive. Nate Geraci, president of The ETF Institute wrote via X: “The btc treasury operations virus is spreading.” James McKay, founder of McKay Research, added: “You know the ‘thing’ is important when exposure to a thing that owns the thing is getting its own wrapper.”

On the same day Bitwise submitted its filing, Vivek Ramaswamy’s Strive Asset Management also made waves with its own Bitcoin-focused ETF proposal. Dubbed the Strive Bitcoin Bond ETF, it would target convertible bonds from companies holding significant amounts of BTC, such as MicroStrategy.

At press time, BTC traded at $94,857.

Аналитики Santiment заявили, что благодаря бычьим настроениям на рынке цена первой криптовалюты вырастет до $110 000 в самый неожиданный момент.

Управление по финансовым рынкам Франции (AMF) сообщило со ссылкой на парижскую прокуратуру, что ежегодные потери французов от криптовалютного мошенничества достигли 500 млн евро (около $520 млн).

Гендиректор инвестиционной компании Pantera Capital Дэн Морхед (Dan Morehead) сделал прогноз пиковой отметки, которой может достичь биткоин в августе 2025 года — во время нового бычьего тренда на крипторынке.

Recent reports revealed that Russian companies have begun using Bitcoin and other digital assets in international trade to bypass sanctions. The country’s Finance Minister also shared the government’s plan to expand its crypto use as an alternative for international payment.

Russian Companies Use Bitcoin For International Payments

According to a recent Reuters report, Russia’s Finance Minister Anton Siluanov announced that companies have started using Bitcoin and other cryptocurrencies for international payments to circumvent sanctions.

Talking to the local news channel Russia-24, the minister revealed that the country began officially using these alternatives for foreign trade transactions following this year’s legislative changes:

As part of the experimental regime, it is possible to use Bitcoin, which we had mined here in Russia.

In July, Russian lawmakers passed a bill that allows businesses to use cryptocurrencies, including Bitcoin, in international trade. Under the new law, which took effect in September, the central bank is set to work on an “experimental” infrastructure for crypto payments, with the first transactions expected to happen before year-end.

On Wednesday, Siluanov explained that these transactions “are already occurring,” detailing that international payments in crypto represent the future. He added that the government believes “they should be expanded and developed further. I am confident this will happen next year.”

Russian companies, exchanges, and crypto entities can apply to the central bank to join the experimental regime. However, crypto payments inside Russia continue to be banned.

The report notes that the country has faced significant delays in international payments with its biggest trading partners. China, India, Turkey, and the United Arab Emirates (UAE) “are extremely cautious with Russia-related transactions to avoid scrutiny from Western regulators.”

On Thursday, news media outlet Ukrainska Pravda reported that Ukraine has promised sanctions on Russia for using Bitcoin in international trade. Vladyslav Vlasiuk, Advisor to the president of Ukraine and Commissioner for Sanctions Policy, announced “sanctions and other solutions” to block the country from using crypto to bypass sanctions:

Are we at all surprised? No, we were, without exaggeration, the first to draw our partners’ attention to such plans of the enemy back in the summer. Appropriate sanctions and other solutions to block the possibility of using unwanted cryptocurrency payments are already being prepared.

Crypto Landscape In Russia

This year, the Russian government has made several crypto-related legislative changes. As reported by Bitcoinist, President Putin signed various laws that came into effect on November 1. The new legislation tackled the mining sector, giving legal status to these operations.

Putin also approved a law to regulate crypto turnover, aiming to expand the government’s control over Bitcoin and crypto mining operations. The amendments also allowed authorities to regulate the activities of companies providing mining infrastructure.

Following these changes, the country approved a six-year ban on mining activities in key regions and a seasonal prohibition in specific territories due to Russia’s ongoing energy crisis, which makes offering large power capacities nearly impossible until 2030.

According to the report, the measure includes a six-year ban on all crypto mining and mining pool activity in ten regions, including Dagestan, Ingushetia, and North Ossetia. Additionally, some territories of the Irkutsk region, Buryatia, and Zabaikalsky Krai will face a seasonal ban during consumption peaks, with mining activities prohibited starting January 1, 2025.

Nonetheless, over 150 local mining firms have reportedly applied for the license to operate legally in Russia, with more companies expected to register soon.

Власти США сократили сроки наказания бывшему генеральному директору Alameda Research Кэролайн Эллисон (Caroline Ellison) и бывшему содиректору FTX Digital Markets Райану Саламе (Ryan Salame), сообщило Федеральное бюро тюрем.

Журнал Forbes составил новый рейтинг самых влиятельных бизнесменов планеты. Согласно  рейтингу, личное состояние самых богатых представителей криптоиндустрии по итогам года вплотную приблизилось к $100 млрд.

On December 23, US spot Bitcoin (BTC) exchange-traded funds (ETFs) experienced significant outflows totalling $226 million, while Ethereum ETFs saw inflows of $130 million. The stark contrast in net flows between these two ETFs has sparked discussions among crypto analysts about whether an altcoin season might be on the horizon.

Capital Flow Pivots From Bitcoin ETFs To Ethereum ETFs

Bitcoin ETFs have been grappling with substantial outflows since December 19, with total outflows surpassing $1.1 billion at the time of writing. Notably, this trend comes after 15 consecutive days of inflows, during which Bitcoin ETFs’ total net assets surged from $100 billion to $121 billion.

On December 19 alone, Bitcoin ETFs recorded $680 million in outflows – the largest single-day outflows since Bitcoin ETFs were introduced earlier this year – causing their total net assets to fall to $105 billion. A key contributor to this decline was Grayscale’s GBTC fund, which sold 1,870 BTC over a three-day period.

While some market analysts attribute the recent outflows to profit-taking, others believe this trend could reflect a shift in investor sentiment toward the flagship cryptocurrency. Specifically, it appears there may be a significant capital reallocation from Bitcoin ETFs to Ethereum ETFs.

Supporting this view, Ethereum ETFs have been attracting growing interest, as evident from recent inflow data. According to figures from SoSoValue, Ethereum ETFs received $130 million in inflows on December 23, the same day Bitcoin ETFs reported $226 million in outflows.

The rising capital inflows to Ethereum ETFs are not unexpected, as institutional interest in the second-largest cryptocurrency by market cap continues to grow. A recent report noted that BlackRock’s iShares Ethereum Trust ETF has amassed more than a million ETH.

Bullish Sentiment For Ethereum Grows

Despite Ethereum underperforming relative to other cryptocurrencies like Solana (SOL), SUI, and XRP for much of the year, analysts believe the tides may be turning in ETH’s favor. One of the key reasons for this optimism is the declining Bitcoin dominance, which many see as a precursor to the long-awaited “altcoin season.”

Moreover, bullish technical indicators are fuelling positive sentiment for Ethereum’s price. For instance, the ETH/BTC trading pair posted a higher low on December 22 on the daily chart, signalling a potential trend reversal and potential gains for ETH.

In addition, weekly net inflows into Ethereum staking contracts have been on the rise, suggesting more ETH is being locked up in staking. This reduction in the circulating supply could create upward pressure on Ethereum’s price. 

That said, seasoned crypto analyst Ali Martinez expects Ethereum’s next move up to be slightly delayed. At press time, ETH trades at $3,363, down 2.7% in the past 24 hours.

Зампредседателя комитета российского Совета Федерации по конституционному законодательству и госстроительству Артем Шейкин предложил ввести обязательное лицензирование лиц, организующих деятельность криптоматов. Он считает, что это позволит усилить контроль за деятельностью операторов и снизить уровень преступности.

Министр финансов России Антон Силуанов во время выступления в Финансовом университете при правительстве заявил, что создание госрезервов биткоинов пока выглядит слишком рискованно из-за волатильности криптовалют.