Latest news with #iSharesBitcoinTrustETF
Yahoo
3 days ago
- Business
- Yahoo
Where Will XRP (Ripple) Be in 1 Year?
XRP is the fourth-largest cryptocurrency, and its blockchain has real-world applications for cross-border transactions. The odds of an XRP ETF launch this year have risen significantly. XRP is still a speculative investment, and investors should be cautious about owning too much crypto in their portfolios. 10 stocks we like better than XRP › Cryptocurrencies are often polarizing. True believers often dismiss any legitimate skepticism of a digital token and its blockchain, while financial traditionalists often can't imagine that any new financial process could take root in an established system. No matter where you fall on this spectrum, one coin that has gained significant attention lately is XRP (Ripple) (CRYPTO: XRP). The real-world benefit of XRP is that its blockchain allows for faster cross-border transactions. Sending money across the globe and converting it into another currency traditionally takes nearly a day and can be expensive, but XRP can do it in seconds and doesn't charge transaction fees. With this practical application in mind, here are two reasons to be optimistic about XRP over the next year and one word of caution. The U.S. Securities and Exchange Commission (SEC) formerly had a lawsuit against Ripple Labs (the developer of XRP), saying the company was selling an unregulated security. But that lawsuit was settled last month, resulting in Ripple paying a $50 million fine but receiving the remainder of $125 million that was being held by the SEC. The settlement is significant for XRP because some financial institutions were likely hesitant to adopt XRP's cross-border transaction blockchain process while the U.S. government had a pending lawsuit against the coin's developer. There's no guarantee that XRP will gain widespread adoption over the next year, or ever, but with the lawsuit out of the way, it's far more likely than before that institutions could move in this direction. Exchange-traded funds have become a popular option for buying stocks, and they've recently emerged as a new avenue for investing in crypto as well. About a dozen Bitcoin ETFs launched last year, and other cryptocurrency ETFs have also debuted, proving demand for crypto ETFs is strong. The digital prediction market Polymarket has the odds of an XRP ETF launching this year at 98%, up from 68% in April. XRP is already the fourth-largest cryptocurrency, and demand for Bitcoin and Ethereum ETFs has been strong since they debuted. For example, BlackRock's iShares Bitcoin Trust ETF has received nearly $49 billion in net inflows since it launched in 2024. Some analysts estimate that XRP's value would skyrocket to $27 -- a more than 1,000% increase from its current price -- if an XRP ETF launches this year. That astronomical price increase prediction is a reminder of the unrealistic euphoria that's often associated with cryptocurrencies, but it's also an indicator that investors may be eager to buy XRP if there's an easy way to do so. Again, there's no guarantee of an XRP ETF debut, or that it would cause a spike in XRP's price, but considering that XRP's price has soared 365% over the past year, it's clear that investors are already interested in the coin. While there are a handful of legitimate reasons to be optimistic about XRP, it's also important to note that the crypto's value can be volatile. All digital tokens come with a hefty dose of instability, and XRP is no exception. For example, the same analysts who predict XRP could gain 1,000% if an ETF is approved also predict that its value could then fall by up to 90% after the surge. Still, the real-world application of using XRP's blockchain to process cross-border transactions makes the token an interesting investment idea. If you're OK with volatility, then having a small position in XRP may not be a bad idea. But it's important to remember that crypto should play a limited role in your overall investment strategy. Before you buy stock in XRP, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and XRP wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $653,702!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $870,207!* Now, it's worth noting Stock Advisor's total average return is 988% — a market-crushing outperformance compared to 172% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 9, 2025 Chris Neiger has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin, Ethereum, and XRP. The Motley Fool has a disclosure policy. Where Will XRP (Ripple) Be in 1 Year? was originally published by The Motley Fool
Yahoo
12-06-2025
- Business
- Yahoo
Ethereum ETFs extend record inflows: What's behind crypto demand
Ethereum (ETH-USD) ETFs have seen consecutive weeks of record inflows since being approved by the Securities and Exchange Commission last year. SVP of content and editor in chief Kristin Myers sits down with Madison Mills for a conversation about the investor draw these crypto funds have proven to have as the iShares Bitcoin Trust ETF (IBIT) soars past $70 billion in assets under management as bitcoin (BTC-USD) re-approaches its record high. To watch more expert insights and analysis on the latest market action, check out more Catalysts here. Just under a year after being approved by the SEC, Ethereum ETFs had a record seventh consecutive week of inflows, bringing in $326 million in the past week alone. To break down the risk on rally, I want to bring in Kristen Myers, SVP of content and editor-in-chief for this week's ETF report brought to you by Invesco QQQ. Great to have you this morning, Kristen. Talk to me about what the inflows into these ETFs are indicating to you about risk sentiment. Yeah. So, frankly, people are being very risk-on, particularly when it comes to cryptocurrency, and that's because the SEC has made some comments lately, all in regards to cryptocurrency staking, you know, where folks can essentially allow their cryptocurrency to earn rewards for them by validating either the Ethereum or Bitcoin networks. Now, it was unclear what the SEC and what regulators were going to say in regards to staking, particularly when it comes to these ETFs, but it seems that the SEC might actually be pretty favorable towards staking, and that is why we're really seeing a lot of these crypto ETFs, particularly around Ethereum, really pulling in a lot of money. Now, you kind of mentioned, uh, broadly, we've seen $326 million of inflows into Ethereum ETFs or into Ether ETFs. ETHA, that is the iShares Ethereum Trust Etha. It pulled in over 300 million of that $326 million just last week alone. And so really, a lot of folks are piling a lot of money into particularly, again, that Ether ETF as they're really, really wanting to be risk-on when it comes to cryptocurrency. And they're also seeing a little bit of grabbing some of the outflows that we saw from the spot Bitcoin ETFs. That has been moving over to Ethereum, again, Ethereum really becomes a sort of mainstream crypto asset. And to what degree do you expect those flows to continue going forward? Yeah, that's a really, really good question because what we're seeing with cryptocurrency is a little bit interesting. These are not assets that are totally mature, and there's a lot of questions how these assets are going to perform in a portfolio. For example, when it comes to Bitcoin, there's still a question of whether it is digital gold, for example. And as we see a lot of volatility in the markets around trade and around inflation, recession risk and the Fed, investors really need to decide how they want these assets to perform in their portfolio. And that question, or rather the answer to that question will really truly decide how we're going to see the inflows into these assets either continue. Now, I will say this, we are continuing to see the inflows into these assets, particularly as these assets continue to grow in terms of value. So I don't see this trend happening anytime soon, but I do think it will be a little bit of a roller coaster ride for investors going forward. Sign in to access your portfolio
Yahoo
11-06-2025
- Business
- Yahoo
Ethereum ETFs extend record inflows: What's behind crypto demand
Ethereum (ETH-USD) ETFs have seen consecutive weeks of record inflows since being approved by the Securities and Exchange Commission last year. SVP of content and editor in chief Kristin Myers sits down with Madison Mills for a conversation about the investor draw these crypto funds have proven to have as the iShares Bitcoin Trust ETF (IBIT) soars past $70 billion in assets under management as bitcoin (BTC-USD) re-approaches its record high. To watch more expert insights and analysis on the latest market action, check out more Catalysts here. Sign in to access your portfolio
Yahoo
06-06-2025
- Business
- Yahoo
Bitcoin Rules for Now, but the Crypto Landscape Is Vast
Investors want more than just a bit of bitcoin. Spot Bitcoin ETFs amassed inflows of nearly $9.6 billion from April 21 through May 27, according to data compiled by Morningstar Direct. With the price of the world's most popular cryptocurrency reaching all-time highs of more than $100,000 lately and the Trump administration championing digital assets, advisors might now want to expand their focus beyond just bitcoin. 'The capitalization of the crypto space right now is more than $3 trillion. How can you ignore that?' said Campbell Harver, Duke University professor and partner at Research Affiliates. 'It'd be like ignoring a couple of companies in the Magnificent Seven.' READ ALSO: There's Almost 600K More Millionaires. That's Not Necessarily a Good Thing and Goldman, Morgan Stanley, JPMorgan Layoffs to Hit Northeast While spot Bitcoin ETFs have been seeing plenty of momentum lately, iShares Bitcoin Trust ETF (IBIT) is the real winner. Over roughly the past five weeks, IBIT has taken in $8.7 billion, per Morningstar. That's about 80% of its total inflows year-to-date. Bitcoin and ETFs that track it may be a new corner of portfolios, but advisors are quickly growing more comfortable with it. 'Most of my clients have a 5-10% allocation to Bitcoin,' said Mike Casey, founder of AE Advisors. 'Some are allocated significantly higher.' Bitcoin and IBIT are clearly the biggest players in the space, but advisors should have a wider view when considering crypto allocations, Harvey said, recommending wealth managers consider stablecoins — digital currencies pegged to traditional assets like the US dollar or gold. 'In my vision of the future, almost all assets will be tokenized — stocks, debts, mortgages, all this stuff,' he told Advisor Upside. 'We're going in that direction, and stablecoins are the first step.' But of course, stay away from meme coins. 'They have no fundamental value whatsoever,' Harvey said. 'They're like trading cards.' Golden Hour. Amidst the current economic uncertainty, some have begun viewing Bitcoin as a safe haven similar to gold, but that's still debated territory, given that their volatility profiles are drastically different, said Joy Yang, head of product management at MarketVector Indexes. 'Gold is more of a slow and steady type of asset and has been quietly outperforming US equities over the past 20 years,' she told Advisor Upside. 'Bitcoin has done it, too, but in a much more rollercoaster type of movement.' In the same five-week span, Gold ETFs have experienced almost $2.8 billion in outflows, with State Street's SPDR Gold Shares (GLD) accounting for nearly all of that, according to Morningstar. The precious metal's price per ounce is down from an all-time high of $3,500 in late April. However, gold is still outperforming Bitcoin, up 28% YTD compared with Bitcoin's 12% as of Monday. 'Bitcoin is still a teenager,' Yang said. 'It'll eventually be an adult, but it's going to take a winding path to get there.' This post first appeared on The Daily Upside. To receive financial advisor news, market insights, and practice management essentials, subscribe to our free Advisor Upside newsletter.
Yahoo
05-06-2025
- Business
- Yahoo
Moscow Exchange Launches Bitcoin Futures for Qualified Investors
The Moscow Exchange has launched bitcoin BTC-linked futures contracts on Wednesday, yet the product is only available for qualified investors. The futures, seemingly tied to the value of the U.S.-listed iShares Bitcoin Trust ETF (IBIT), will be quoted in U.S. dollars per lot, though settlement will be handled in Russian rubles. The exchange said it would offer quarterly futures with the first expiration in September 2025, TASS reports. The launch builds on momentum from other Russian financial players exploring crypto exposure without direct asset ownership. The Saint Petersburg Stock Exchange, TASS adds, has been testing similar cash-settled futures. The country's largest bank Sberbank is launching bitcoin futures along with the Moscow Exchange. Sberbank's offerings also include structure bonds that track the price of bitcoin and the dollar-to-ruble exchange rate. Russia's central bank, long skeptical of crypto markets, approved last month the offering of securities and derivatives tied to cryptocurrencies, but only for qualified investors. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
