Bitcoin ETF Application Wave: Comparison of Spot and Futures ETF Performance and Analysis of Price Impact on BTC

robot
Abstract generation in progress

Bitcoin ETF Market Analysis: Can Institutional Entry Propel the Mainstreaming of Encryption Assets?

The world's largest asset management company submitted an application for a Bitcoin spot ETF to regulators on June 15. Although the review results will not be announced until early September, this news is still seen as an important signal, indicating that Bitcoin and other encryption currencies may gain broader institutional adoption. Recently, several well-known institutions have submitted similar applications, and the market is full of confidence in the emergence of more compliant encryption investment products.

Analysis of the listed Bitcoin-related ETFs and funds shows:

  1. The total holdings of the three main funds (BTCC.U, BTCE, and GBTC) is approximately 675,600 BTC, valued at 2.027 billion USD. Since June, it has increased by 9,292 BTC, showing a good overall growth trend.

  2. The total assets managed by the five main Bitcoin futures ETFs have reached $1.295 billion. Among them, BITO is the only ETF that is fully allocated to futures contracts, while the others are partially allocated to other assets.

  3. The highest return rate in the past month is BITS, reaching 33.20%, while others are around 12%. Since the beginning of this year, BITS has the highest return rate, reaching 137.65%, while others are around 74%. Futures ETFs have performed better than spot ETFs and trust funds.

Reading Bitcoin ETF: Total assets of 5 futures ETFs nearly 1.3 billion USD, how much impact do application news have on Bitcoin?

  1. After the news of a large asset management company's application for a Bitcoin spot ETF was announced, the average daily increase of Bitcoin was 2.78% within a week, making it the largest impact within the statistical range. In the previous month of a company's futures ETF application, the average daily increase was 1.56%.

Reading Bitcoin ETF: The total assets of 5 futures ETFs are nearly 1.3 billion dollars. How much impact does the application news have on Bitcoin?

  1. The impact of institutional ETF applications and listing news on Bitcoin prices may come from three aspects: institutional reputation endorsement, the type of ETF ( with spot ETFs having a greater impact ), and the price trend of Bitcoin at that time.

The holdings of the Bitcoin spot ETF have recently increased by 5640 BTC, and the premium rate of a certain trust fund has rebounded. The returns of the spot ETF outperform those of the trust fund, but its trading volume is not as high as the latter. In June, the trading volumes of various funds have all increased to varying degrees.

Data Analysis of Bitcoin ETF: The total assets of 5 futures ETFs are nearly 1.3 billion USD. How much impact does the application news have on Bitcoin?

Data Reading Bitcoin ETF: 5 futures ETFs total assets nearly 1.3 billion dollars, how much impact does Bitcoin have from application news?

Reading the Bitcoin ETF: 5 futures ETFs have a total asset of nearly 1.3 billion dollars, how much impact does Bitcoin have from the application news?

The total assets of the 5 major Bitcoin futures ETFs are nearly $1.3 billion, with returns exceeding 70% this year. Among them, the largest, BITO, is fully allocated to futures contracts, while others also allocate some other assets. BITO leads in terms of fund size, inflow, and trading volume, but its returns are not as good as BITS.

Reading Bitcoin ETF: The total asset of 5 futures ETFs is nearly 1.3 billion USD. How much impact does the application news have on Bitcoin?

Reading Bitcoin ETF: 5 futures ETFs have total assets of nearly 1.3 billion USD, how much impact does Bitcoin receive from application news?

Reading Bitcoin ETF: Total assets of 5 futures ETFs close to $1.3 billion, how much does Bitcoin's application news affect it?

The impact of ETF news on Bitcoin prices varies. The recent price increase may also be related to the record high on-chain trading activity. Overall, the development of ETFs and the entire encryption market influence each other, and attention should continue to be paid to its trading conditions in the future.

BTC1.79%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 8
  • Repost
  • Share
Comment
0/400
EthMaximalistvip
· 10h ago
Don't rush to get rich, btc still has to fall.
View OriginalReply0
AirdropChaservip
· 10h ago
It's getting better, it's awesome!
View OriginalReply0
StableNomadvip
· 08-09 11:05
statistically speaking... another bull trap
Reply0
NFT_Therapyvip
· 08-08 02:07
The gray market still has to wait a bit.
View OriginalReply0
VCsSuckMyLiquidityvip
· 08-08 02:07
enter a position for BTC new issuance speed
View OriginalReply0
AltcoinHuntervip
· 08-08 02:07
The truth lies behind the numbers, suckers have it too hard.
View OriginalReply0
NFTBlackHolevip
· 08-08 02:06
Short on money and going crazy, just lying flat and waiting for the coin to rise.
View OriginalReply0
token_therapistvip
· 08-08 02:00
BTC is gradually To da moon
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)