ETF Launch Day

Jan 11, 2024

Today's Crypto Comments video discusses the first-day volume for the spot Bitcoin ETF ($BTC), capital rotations into $ETH, the timeline for a potential Ethereum ETF, and continued stablecoin flows.

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Today's video discusses the significant rally in Grayscale's Trust products, GBTC 5.53% , EHTE, and spot BTC, fueled by the SEC's decision not to appeal the Grayscale case. We note an increase in the aggregate market capitalization of the top 10 stablecoins and the third consecutive week of inflows into digital asset ETPs, which suggest that flows into the crypto economy might be improving. Finally, we dive into the factors affecting the...

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