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Here’s When the Stock Market Could Bottom Out, According to Fidelity Global Macro Analyst Jurrien Timmer

Here’s When the Stock Market Could Bottom Out, According to Fidelity Global Macro Analyst Jurrien Timmer

Fidelity’s director of global macro, Jurrien Timmer, is updating his outlook on markets following an across-the-board correction in equities. In a post on the social media platform X, Timmer shares with his 194,000 followers a chart depicting an average of the S&P 500’s returns during the specific years of presidential terms. Timmer’s chart suggests that […]

The post Here’s When the Stock Market Could Bottom Out, According to Fidelity Global Macro Analyst Jurrien Timmer appeared first on The Daily Hodl.

Bitcoin sets sights on ‘spoofy’ $90K resistance in new BTC price boost

Fidelity Files for ‘OnChain’ Treasury Market Fund That Stores Transaction Records on Ethereum

Fidelity Files for ‘OnChain’ Treasury Market Fund That Stores Transaction Records on Ethereum

The asset management giant Fidelity hopes to launch a blockchain-tracked share class for one of its existing funds. The Fidelity Treasury Digital Fund is 99.99% invested in U.S. Treasury bills. A new filing with the U.S. Securities and Exchange Commission (SEC) indicates the firm hopes to launch a new “OnChain” share class for the fund […]

The post Fidelity Files for ‘OnChain’ Treasury Market Fund That Stores Transaction Records on Ethereum appeared first on The Daily Hodl.

Bitcoin sets sights on ‘spoofy’ $90K resistance in new BTC price boost

Fidelity Seeks SEC Approval for Ethereum-Integrated US Treasury Money Market Fund Hosted 

Fidelity Seeks SEC Approval for Ethereum-Integrated US Treasury Money Market Fund Hosted Fidelity Investments has filed with the U.S. Securities and Exchange Commission (SEC) to launch the Fidelity Treasury Digital Fund, an institutional-focused money market fund that will use blockchain technology to record share ownership while investing primarily in U.S. Treasury securities. Fidelity’s Proposed Fund Uses Ethereum Blockchain for Secondary Share Recording The fund, detailed in a […]

Bitcoin sets sights on ‘spoofy’ $90K resistance in new BTC price boost

Fidelity Files for Solana Fund in Delaware, Signals ETF Ambitions 

Fidelity Files for Solana Fund in Delaware, Signals ETF Ambitions Fidelity Investments, overseeing $15.1 trillion in client assets, took a pivotal step toward launching a solana ( SOL)-focused investment product by registering a Fidelity Solana Fund in Delaware on March 20, 2025—a precursor to a potential spot exchange-traded fund (ETF). Fidelity Enters Solana ETF Race with Strategic Delaware Move The Delaware filing (filing #10138042) paves […]

Bitcoin sets sights on ‘spoofy’ $90K resistance in new BTC price boost

Goldman Sachs Holds $1,832,015,357 Worth of Bitcoin and Ethereum Exchange-Traded Funds: SEC Filing

Goldman Sachs Holds ,832,015,357 Worth of Bitcoin and Ethereum Exchange-Traded Funds: SEC Filing

Financial services giant Goldman Sachs is reportedly holding nearly $2 billion worth of shares in Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs). According to a new filing with the U.S. Securities and Exchange Commission (SEC), Goldman Sachs currently holds $1.63 billion worth of Bitcoin ETFs and $196.3 million worth of Ethereum ETFs, the bulk […]

The post Goldman Sachs Holds $1,832,015,357 Worth of Bitcoin and Ethereum Exchange-Traded Funds: SEC Filing appeared first on The Daily Hodl.

Bitcoin sets sights on ‘spoofy’ $90K resistance in new BTC price boost

Fidelity Predicts 2025 as Bitcoin’s Breakout Year, Led by Nation-State Adoption

Fidelity Predicts 2025 as Bitcoin’s Breakout Year, Led by Nation-State AdoptionFidelity predicts 2025 will ignite a seismic shift as nation-states, banks, and institutions race to embrace bitcoin, marking the dawn of a new financial era. Fidelity Sees 2025 Driving Bitcoin Adoption Among Nation-States and Banks Financial giant Fidelity Investments, through its subsidiary Fidelity Digital Assets, released a report last week titled “2025 Look Ahead: Digital […]

Bitcoin sets sights on ‘spoofy’ $90K resistance in new BTC price boost

Nation-state Bitcoin adoption to drive crypto growth in 2025: Fidelity

Fidelity Digital Assets research analyst Matt Hogan said not making any Bitcoin allocation could become more of a risk to nations than making one.

Countries are expected to add Bitcoin into national strategic reserves in 2025, kicking off significant growth in the crypto market, Fidelity Digital Assets said in its latest research paper.

“We anticipate more nation-states, central banks, sovereign wealth funds, and government treasuries will look to establish strategic positions in Bitcoin,” said Fidelity Digital Assets research analyst Matt Hogan in the firm’s Jan. 7 paper titled “2025 Look Ahead.”

He added that these entities may take notice of the playbook employed by Bhutan and El Salvador “and the substantial returns they have been able to glean from such positions in a relatively short amount of time.”

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Bitcoin sets sights on ‘spoofy’ $90K resistance in new BTC price boost

Bitcoin ETFs roar back with second day of $900M+ inflows

While the spot Bitcoin ETFs smashed industry expectations in 2024, the products finished poorly with outflows in six of the last eight trading days.

United States-based spot Bitcoin exchange-traded funds recorded nearly $1.9 billion in total net inflows on Jan. 3 and Jan. 6, reversing a streak of low demand in the latter half of December. 

The Bitcoin ETFs attracted $978.6 million of investor’s money on Jan. 6, led by the Fidelity Wise Origin Bitcoin Fund at $370.2 million, while BlackRock’s iShares Bitcoin ETF and the ARK 21Shares Bitcoin ETF rounded out the top three with $209 million and $153 million, respectively, according to data from Farside Investors.

Bitwise Bitcoin ETF and Grayscale’s two spot Bitcoin ETFs, tickered GBTC and BTC, saw over $70 million in inflows on Jan. 6, while the VanEck Bitcoin ETF and Franklin Bitcoin ETF racked up $17.3 million and $8.9 million, respectively.

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Bitcoin sets sights on ‘spoofy’ $90K resistance in new BTC price boost

BlackRock’s Bitcoin ETF tops rivals in 2024 net inflows

The iShares Bitcoin Trust brought in more than $37 billion in net inflows since launching in January, according to Farside Investors.

BlackRock’s spot Bitcoin (BTC) exchange-traded fund (ETF) clocked more than $37 billion in net inflows during 2024, outpacing its competitors, according to data from Farside Investors. 

BlackRock’s iShares Bitcoin Trust (IBIT) netted more than three times the inflows of runner-up Fidelity Wise Origin Bitcoin Fund (FBTC), which attracted nearly $12 billion in net inflows this year, Farside said in a Dec. 31 post on the X platform.

As the world’s largest asset manager, BlackRock also led the pack among Ether (ETH) ETFs. The iShares Ethereum Trust (ETHA) pulled $3.5 billion in net inflows during 2024, according to Farside. 

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Bitcoin sets sights on ‘spoofy’ $90K resistance in new BTC price boost

US-listed Bitcoin, Ether ETFs tally $38.3B net inflows in launch year

Around 80% of demand for the spot Bitcoin ETFs came from retail, but industry analysts expect institutions to pick up the pace in 2025.

United States spot Bitcoin exchange-traded funds racked up a staggering $35.66 billion in net inflows in 2024 — far exceeding early industry estimates, while the spot Ether ETFs finished strong, seeing net inflows of $349.3 million in the last four trading days to reach $2.68 billion since launch.

BlackRock’s iShares Bitcoin Trust ETF (IBIT) led the pack with $37.31 billion in net inflows, while the Fidelity Wise Origin Bitcoin Fund (FBTC) and the ARK 21Shares Bitcoin ETF (ARKB) rounded out the top three with $11.84 billion and $2.49 billion, followed by Bitwise Bitcoin ETF (BITB) $2.19 billion, according to Farside Investors. 

These net inflows smashed an earlier $14 billion first-year estimate from Galaxy Digital’s research head Alex Thorn.

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Bitcoin sets sights on ‘spoofy’ $90K resistance in new BTC price boost