# Сопутствующие статьи по теме ETF

Новостной центр HTX предлагает последние статьи и углубленный анализ по "ETF", охватывающие рыночные тренды, новости проектов, развитие технологий и политику регулирования в криптоиндустрии.

Can Saylor’s Strategy ride out Bitcoin’s slide as losses cross $900mln?

Michael Saylor's Bitcoin strategy faces a significant test as Bitcoin's price decline below $75,000 pushes his company, MicroStrategy (MSTR), into an unrealized loss of over $900 million on its 712,647 BTC holdings, acquired at an average of $76,037 per coin. This downturn is attributed to geopolitical instability, shifting U.S. Fed policy under new Chair Kevin Warsh, and massive outflows from Spot Bitcoin ETFs. Despite this, MSTR's stock rose 4.55%, indicating investor confidence in Saylor's leadership and the company's core business. Saylor reaffirmed his commitment, emphasizing direct Bitcoin ownership and hinting at further buying opportunities during the volatility.

ambcrypto02/03 02:01

Can Saylor’s Strategy ride out Bitcoin’s slide as losses cross $900mln?

ambcrypto02/03 02:01

Ethereum: Does creator vision matter more than ETH’s chart? Vitalik Buterin says…

In a recent discussion, Ethereum co-founder Vitalik Buterin addressed the challenge of rewarding quality content creators in an era dominated by AI-generated material. He argued that the core issue is not incentivizing more content, but rather surfacing and rewarding genuinely valuable work. Buterin praised platforms like Substack for their curation and editorial rigor, contrasting them with token-based creator models that often benefit already popular figures. Meanwhile, Ethereum's native token, ETH, has faced significant market pressure, declining over 20% in the past week. Despite this, analysts note historical patterns suggesting potential future outperformance against Bitcoin, with gains exceeding 300% in previous cycles. Institutional flows have also weakened, with Ethereum spot ETFs experiencing over $326 million in weekly net outflows. Key takeaways include Ethereum’s intact core narratives despite recent price drops, and the emphasis on quality—whether in creator ecosystems or market cycles—as a decisive factor for its future trajectory.

ambcrypto02/02 23:04

Ethereum: Does creator vision matter more than ETH’s chart? Vitalik Buterin says…

ambcrypto02/02 23:04

Bitcoin’s Lack Of New Capital Leaves It Vulnerable To Continued Selling Pressure

Bitcoin's recent decline below $80,000 has intensified bearish sentiment across the cryptocurrency market. Analysts point to a lack of new capital inflows as a key issue, with the Bitcoin Realized Cap stagnating. Persistent selling pressure from existing holders outweighs demand, while new buyers remain sidelined. Although large holders (whales) are accumulating, retail investors are selling, contributing to downward pressure. Without significant fresh investment, such as from ETFs or entities like MicroStrategy, the market faces continued vulnerability. While a severe crash is unlikely unless major players liquidate, the current environment suggests a prolonged period of sideways consolidation rather than a swift recovery.

bitcoinist02/02 21:01

Bitcoin’s Lack Of New Capital Leaves It Vulnerable To Continued Selling Pressure

bitcoinist02/02 21:01

Crypto ETFs Continue to Decline with Major New Outflows

Crypto ETFs, particularly U.S. spot bitcoin ETFs, are experiencing significant and sustained outflows, with a notable peak of approximately $818 million in net withdrawals on January 29th. This trend reflects a broader tactical pullback by investors amid renewed market volatility and a shift towards risk reduction, coinciding with turbulence in other risk-sensitive assets. While ETFs remain a crucial gateway for institutional crypto access due to their convenience and compliance benefits, their flows have become procyclical—amplifying bullish trends and exacerbating downturns. Meanwhile, the memecoin sector continues to develop actively, with new projects like MAXI Doge emerging. In January, U.S. spot bitcoin ETFs saw an estimated $1.6 billion in net outflows, indicating a more defensive start to the year than anticipated.

bitcoinist02/02 19:32

Crypto ETFs Continue to Decline with Major New Outflows

bitcoinist02/02 19:32

BTC Market Pulse: Week 6

Bitcoin has declined to $74K, failing to hold previous support levels, with the RSI indicating deeply oversold conditions. Spot and derivatives markets show sustained selling pressure, weak demand, and defensive positioning, with ETF outflows continuing and leverage reducing. On-chain metrics reflect subdued activity, low capital inflows, and deteriorating profitability. Overall, the market is in a risk-off regime, with near-term stability dependent on exhaustion of sell pressure and renewed demand around the $74K level.

insights.glassnode02/02 18:31

insights.glassnode02/02 18:31

Bitcoin trades below ETF cost basis as profitable supply falls to cycle lows

Bitcoin is trading below the average cost basis of U.S. spot ETF investors, estimated above $84,000, following significant weekly outflows. This has pushed many institutional and on-chain holders into unrealized losses. The supply of Bitcoin held in profit has dropped sharply to 11–12 million BTC, nearing cycle lows, down from 19–20 million BTC in August. The market shows signs of profit exhaustion, with reduced liquidity and muted rebound attempts. Recovery may depend on either reclaiming the ETF cost basis or a prolonged consolidation phase to rebuild profitability.

ambcrypto02/02 17:24

Bitcoin trades below ETF cost basis as profitable supply falls to cycle lows

ambcrypto02/02 17:24

Crypto’s Slide May Not Be Fear — It’s A US Liquidity Crunch, CEO Says

A sharp sell-off in crypto markets wiped out approximately $250 billion in value over the weekend, with Bitcoin falling below $80,000—down 40% from its 2025 high. Analysts note weakening retail interest, large ETF outflows, and a loss of momentum. Support around $73,000–$75,000 is now critical. According to Raoul Pal, CEO of Global Macro Investor, the decline is not crypto-specific but stems from a broader U.S. dollar liquidity crunch. Factors include Treasury General Account rebuilds, higher funding costs, and a reduced Reverse Repo Facility buffer. Pal stated that gold’s rally absorbed marginal liquidity that might have flowed into risk assets like Bitcoin and SaaS stocks, leaving the most exposed positions vulnerable. The nomination of Kevin Warsh as Fed Chair added uncertainty, with some fearing slower rate cuts. While markets remain fragile, some expect liquidity conditions to improve, potentially allowing a recovery if dollar flow normalizes.

bitcoinist02/02 15:51

Crypto’s Slide May Not Be Fear — It’s A US Liquidity Crunch, CEO Says

bitcoinist02/02 15:51

Why are stablecoin balances falling? Binance outflows, risk-off mood and more…

Stablecoin balances are declining as capital exits crypto markets amid thinning liquidity and fading risk appetite. Following an initial $9.6 billion drop, outflows resumed with Binance accounting for over $3.1 billion, reflecting its role as a key liquidity venue. The reduction is driven by macro uncertainty, ETF outflows, and lower speculative activity. This weakens on-exchange liquidity and price momentum. Binance data shows significant net outflows, indicating a broad withdrawal from risk assets like Bitcoin and Ethereum, while stablecoins such as USDT see inflows, suggesting reallocation rather than full exit. Reversing the trend requires improved macro clarity and renewed incentives for capital deployment.

ambcrypto02/02 11:02

Why are stablecoin balances falling? Binance outflows, risk-off mood and more…

ambcrypto02/02 11:02

XRP Slides Below $1.60 Amid Broader Crypto Market Pullback

The broader crypto market experienced a significant pullback, declining over 4.3% and dragging total market capitalization to approximately $2.55 trillion. XRP, the fifth-largest cryptocurrency, was notably affected, falling more than 4% in 24 hours to trade near $1.58. Over the past week, XRP extended losses to nearly 15.7%, trading about 20% below its January highs. Data from Coinglass indicates a 6.06% drop in open interest, suggesting traders are closing positions. Despite the downturn, XRP ETFs saw positive inflows, with $16.7 million on January 30, led by the 21Shares XRP ETF. Technical analysis shows XRP facing bearish pressure, with key support at $1.55 and resistance between $1.62 and $1.67. Indicators like the MACD and an RSI of 26 signal strong oversold conditions, hinting at possible short-term consolidation amid ongoing market volatility.

TheNewsCrypto02/02 09:57

XRP Slides Below $1.60 Amid Broader Crypto Market Pullback

TheNewsCrypto02/02 09:57

Bitcoin Continues to Plunge, Focus on Whether MSTR Is Forced to Sell

Bitcoin is undergoing a severe stress test as its price falls below key psychological levels, approaching the cost basis of major institutional holders like MicroStrategy. The cryptocurrency dropped below $80,000 over the weekend, hitting its lowest point since April 7, 2025, and has declined over 30% recently amid thin liquidity. Despite the sell-off, MicroStrategy’s Executive Chairman Michael Saylor signaled intentions to continue accumulating Bitcoin, even as the company raised the dividend on its perpetual preferred shares to 11.25% to attract capital. However, analysts warn that high dividend costs could strain cash flow if Bitcoin’s price remains stagnant or falls below its cost basis. The market is highly institutionalized, with MicroStrategy and 11 spot Bitcoin ETFs holding approximately 10% of Bitcoin’s circulating supply. These institutions face combined unrealized losses of around $7 billion, with an average acquisition cost of $85,360 per Bitcoin. Spot Bitcoin ETFs have seen net outflows for 10 consecutive days, exacerbating downward pressure. MicroStrategy holds 712,647 Bitcoin at an average cost of $76,037. With Bitcoin hovering near $78,000, its unrealized gains have narrowed to less than 3%. The company’s aggressive financing strategies, including high-yield debt, highlight both its commitment and the risks of its Bitcoin-centric strategy. Macro strategist Jim Bianco notes that Bitcoin faces a "narrative exhaustion," as the "institutional adoption" story has been fully priced and may now be reversing. Without new sustained buying interest, institutional holdings—once a support—could become a major source of selling pressure. The key question is where the next wave of buyers will emerge at current price levels.

比推02/02 05:57

Bitcoin Continues to Plunge, Focus on Whether MSTR Is Forced to Sell