# 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.

Encrypted Capital Favors the 'Big Brother': Under Bitcoin's Hegemony, How Can Altcoins Break Through and Reshape the Landscape?

Crypto investment capital is increasingly concentrated in a narrowing selection of assets, with Bitcoin's market share dominance rising to around 65%, its highest level since early 2021. This trend is reinforced by the growth of stablecoins and on-chain derivatives, which now account for nearly 12.5% of the total crypto market capitalization, further squeezing the market share of altcoins. Within the altcoin sector, a "winner-takes-most" dynamic is intensifying. The top 10 altcoins now represent approximately 82% of the total altcoin market cap, a significant increase from 64% during the 2021 bull market. The number of altcoins with a market cap exceeding $1 billion has also shrunk considerably, indicating a flight to quality and liquidity. Performance data from 2023 onwards shows that large-cap crypto assets have significantly outperformed mid and small-cap tokens, with large-caps returning roughly 365% compared to 70% and 55% for mid and small-caps, respectively. This performance divergence, coupled with events like the large-scale liquidation on October 10, 2025, has strengthened investor preference for high-liquidity, mature assets. The report concludes that the market is undergoing a structural shift towards consolidation and maturity. While new tokens and tokenized traditional assets continue to emerge, finite liquidity is being concentrated in large-cap cryptocurrencies and the infrastructure supporting stablecoins, DeFi, and tokenization. The barrier for altcoins to attract sustained capital is higher than ever, though potential regulatory clarity and new ETF products could eventually foster a more selective "altseason."

marsbit01/21 08:50

Encrypted Capital Favors the 'Big Brother': Under Bitcoin's Hegemony, How Can Altcoins Break Through and Reshape the Landscape?

marsbit01/21 08:50

New Capital Favors 'Old Altcoins'

New capital is increasingly flowing towards established "old guard" cryptocurrencies, leading to a significant market structure shift. Bitcoin's dominance has surged to 65%, its highest since 2021, driven by institutional adoption via ETFs which attracted over $150 billion. Stablecoins and on-chain derivatives now represent 12.5% of the total crypto market cap, further squeezing altcoins. Within the altcoin sector, capital is concentrating heavily. The top 10 altcoins now constitute 82% of the altcoin market cap, up from 64% in 2021. The number of altcoins with a market cap over $1 billion has nearly halved, indicating a focus on larger, more mature assets with clear use cases and regulatory paths. Performance data confirms this trend. Since January 2023, large-cap assets have significantly outperformed mid and small-caps, with returns of ~365% compared to ~70% and ~55%, respectively. This highlights a investor preference for liquidity and lower volatility, a trend likely reinforced by recent market sell-offs. The market is maturing, with capital becoming highly selective and favoring established players and critical infrastructure.

marsbit01/21 08:48

marsbit01/21 08:48

Matrixport Market Watch: Structural Support and Strategic Opportunities Amid Increased Crypto Market Volatility

Matrixport Market Watch: Structural Support and Opportunities Amid Increased Crypto Volatility The crypto market recently experienced a sharp rally followed by a pullback. Bitcoin surged from around $89,000 to approach a six-month high near $97,000 but failed to hold above this resistance. A subsequent correction on January 19 saw it drop below the $92,000 support level. Despite this "false breakout," the market structure remains stable, as indicated by a significant reduction in on-chain profit-taking compared to Q4 2023. Macroeconomic drivers are becoming more complex, shifting from a singular focus on interest rates to a dual-factor model that now includes "geopolitical and tariff risks." While the Fed is expected to hold rates steady, market expectations for a March cut persist. This new environment is likely to increase overall market volatility rather than trigger a straightforward bullish trend. On-chain and fund flow data provide positive signals. Bitcoin spot ETFs continue to see net inflows, stablecoin supplies are expanding, and exchange balances remain low—indicating coins are moving toward long-term holders. Ethereum's staking rate is nearing 30%, reducing its circulating supply and creating underlying support. This creates a dynamic of "decreasing sellable supply while awaiting incoming capital," providing strong buy-side support during dips. Technically, Bitcoin's key level to watch is $92,000. A failure to reclaim it could see a test of support at $90,000 and the $88,000-$89,000 value area. Major resistance sits at $95,000 and the $98,000-$102,000 liquidity zone. Ethereum is consolidating between $3,100-$3,300; a break above $3,250-$3,350 is needed to advance, while a drop below $3,100 could lead to a test of $2,850-$2,900. The overarching view is that while short-term volatility has increased, the medium-term bullish thesis remains intact due to continued capital inflows and improving supply dynamics. Investors are advised to maintain strategic flexibility, utilizing products like FCNs for yield in neutral markets, Accumulators for buying the dip, or Decumulators for hedging and gradual selling.

marsbit01/21 08:36

Matrixport Market Watch: Structural Support and Strategic Opportunities Amid Increased Crypto Market Volatility

marsbit01/21 08:36

When Ethereum Pays Interest to TradFi: Staking Hits New Highs, Exit Queue Clears, Is ETH at a Structural Turning Point?

Ethereum Staking Enters TradFi: A Structural Turning Point for ETH? The recent distribution of staking rewards by Grayscale's Ethereum Staking ETF (ETHE) marks a historic milestone, representing the first time a U.S. spot crypto ETF has distributed native staking yields to shareholders. This event signals a pivotal shift, as Ethereum's consensus-generated yield is now packaged within a traditional financial product, making it accessible to mainstream investors without requiring technical knowledge of private keys or blockchain operations. This development coincides with significant on-chain data: over 30% of ETH's circulating supply (36 million ETH) is now staked, a new all-time high, indicating a move from speculative asset to a long-term, yield-generating instrument. Concurrently, the validator exit queue has nearly cleared, while the entry queue is growing, suggesting strong demand to lock ETH for its stable returns. Together, these trends suggest Ethereum is evolving from a volatile asset into a recognized "yield-bearing asset" within traditional finance (TradFi). The maturation of this staking economy, despite ongoing regulatory uncertainties, points towards potential adoption by large-scale institutional capital, fundamentally altering ETH's role in the global financial landscape.

marsbit01/21 08:25

When Ethereum Pays Interest to TradFi: Staking Hits New Highs, Exit Queue Clears, Is ETH at a Structural Turning Point?

marsbit01/21 08:25

Trading Moment: "Sell America" Trade Ignites Gold to Record High of $4888, Bitcoin Shows Short-Term Divergence, Ethereum Faces Defense Battle at $2800

Global markets experienced significant turmoil on January 20, triggered by a sharp sell-off in Japanese long-term government bonds. Fears over expansionary fiscal policies pushed the 40-year JGB yield above 4%, pressuring U.S. Treasuries and driving the 10-year yield to 4.311%. A “Sell America” trade ensued, causing U.S. stocks, bonds, and the dollar to fall sharply. Gold surged to a record $4,888/oz amid safe-haven demand, while silver saw unprecedented retail buying. Bitcoin fell below $90k, erasing year-to-date gains, with analysts divided on further downside. Ethereum struggled near $2,900, with key support at $2,700–$2,800. Solana saw whale accumulation despite the dip, and meme coins gained attention after a White House tweet. ETF outflows continued for Bitcoin and Ethereum. Key economic data and token airdrops are anticipated.

marsbit01/21 07:47

Trading Moment: "Sell America" Trade Ignites Gold to Record High of $4888, Bitcoin Shows Short-Term Divergence, Ethereum Faces Defense Battle at $2800

marsbit01/21 07:47

Chainlink Expands On-Chain Access to U.S. Stocks With 24/5 Market Data

Chainlink has launched "24/5 U.S. Equities Data Streams," a new service providing blockchain applications with continuous access to U.S. stock and ETF market data, including real-time prices, bid/ask quotes, and trading volume, even outside traditional market hours. This addresses a critical gap in DeFi, where outdated after-hours data previously increased risks for derivatives, lending, and synthetic assets. The service, which went live on January 20, 2026, and is operational in over 40 countries, is already being used by major platforms like Lighter and BitMEX Apex. It supports the growth of on-chain financial products and aligns with broader industry and regulatory interest in 24/7 markets.

TheNewsCrypto01/21 07:08

Chainlink Expands On-Chain Access to U.S. Stocks With 24/5 Market Data

TheNewsCrypto01/21 07:08

History Repeats for the Fourth Time, Is BTC Launching a New Super Bull Market?

The cryptocurrency market, particularly Bitcoin, is experiencing a period of significant underperformance and low volatility, contrasting sharply with the strong rallies in traditional assets like gold, silver, and U.S. equities in 2025 and early 2026. This divergence is attributed to Bitcoin's role as a leading indicator for global risk assets, reflecting underlying macroeconomic pressures. Key factors behind Bitcoin's weakness include global liquidity tightening from continued Federal Reserve quantitative tightening (QT) and Bank of Japan interest rate hikes, as well as heightened geopolitical tensions under the Trump administration, which have increased market uncertainty and risk aversion. Meanwhile, the surge in traditional assets is driven by sovereign and policy-led forces rather than broad macroeconomic improvement. Gold's rise is fueled by central banks diversifying away from U.S. dollar dependency, while equity gains in the U.S. and China are concentrated in sectors aligned with national industrial policies, such as AI and defense. Historically, Bitcoin has shown four major instances of extreme overselling relative to gold (as indicated by RSI below 30), in 2015, 2018, 2022, and now in late 2025. Each preceded a significant Bitcoin bull run. The current divergence may signal an impending market rebound for Bitcoin, while traditional markets like small-cap stocks and AI sectors show signs of being overvalued and vulnerable to a correction. The article cautions against abandoning crypto for seemingly booming traditional markets, as Bitcoin's stagnation may be a预警 of broader risks and a potential setup for a major narrative shift.

marsbit01/21 03:06

History Repeats for the Fourth Time, Is BTC Launching a New Super Bull Market?

marsbit01/21 03:06

Bitcoin Recovers In January: Funding Divergence Points To A Spot-Driven Market

Bitcoin is attempting to stabilize above $91,000 amid fragile demand after recent volatility. A CryptoQuant report indicates January is a recovery phase, driven by institutional and whale accumulation, while retail remains hesitant. Notably, Bitcoin's spot price and funding rates have diverged in early 2026, signaling a spot-driven market. This suggests the move is supported by real buying rather than excessive leverage, reducing liquidation risks and potentially leading to more durable rallies. Some analysts question if the traditional four-year Bitcoin cycle is fading, as ETFs and corporate demand may be creating steadier inflows. Market direction may now be more affected by macro factors like Fed policy and institutional flows rather than halving events. Technically, Bitcoin is testing key support-turned-resistance near the 100-week moving average. A weekly close above $95,000 is needed to confirm a bullish shift.

bitcoinist01/21 03:01

Bitcoin Recovers In January: Funding Divergence Points To A Spot-Driven Market

bitcoinist01/21 03:01

Why Is Everything Rising Except the Crypto Market?

The article explores the paradoxical divergence between cryptocurrency markets and other asset classes like gold, silver, and equities, which have seen significant gains while Bitcoin has stagnated. Despite institutional adoption, including Bitcoin ETFs, government reserves, and major financial players entering the space, Bitcoin's price has underperformed due to its role as a leading indicator for risk assets, global liquidity constraints from Fed QT and Bank of Japan rate hikes, and heightened geopolitical tensions under the Trump administration. In contrast, gold's surge is driven by central bank accumulation amid declining faith in dollar hegemony, while equity rallies in the US and China are policy-driven, focusing on AI and national security sectors. Historically, Bitcoin has rebounded strongly after periods of extreme undervaluation relative to gold, suggesting potential for recovery. However, chasing overheated markets like small-cap stocks or AI equities now carries risks of a bubble. Bitcoin's current weakness may signal broader market vulnerabilities ahead, making it a critical time for long-term investors to stay disciplined.

marsbit01/21 01:05

Why Is Everything Rising Except the Crypto Market?

marsbit01/21 01:05

Bitcoin’s Pullback Feels Brutal, But History Says It Could Drag On For Months

Bitcoin has fallen below $92,000, signaling continued downside pressure despite efforts by bulls to defend key support levels. Analyst Darkfost notes the current pullback is only 109 days from the last all-time high, much shorter than previous major corrections which lasted over 150 days. While the decline feels intense due to significant realized losses, capitulation, and stressed short-term holders, historical patterns suggest Bitcoin could remain in a choppy recovery phase for months without breaking its broader cycle structure. This cycle is further complicated by ETF-driven institutional demand, potentially leading to longer consolidations and less predictable behavior. Technically, Bitcoin remains below key moving averages, with the $90,000–$88,000 range acting as critical support. A breakdown below this level could target December lows, while reclaiming $92,000 is essential for bullish momentum.

bitcoinist01/21 01:02